Tuesday 3 May 2016

After Being A Champion, How Much Money Can Be Earned Leicester?

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Leicester City has ensured the Premier League champion's 2015/2016. Now they may be preparing to get a shot of the huge funds.

Leicester ensured to win the Premier League this season after closest rivals, Tottenham Hotspur, play only drew 2-2 against Chelsea. The results of it making a difference seven points between Leicester and Spurs will not be overtaken with only two games remaining.

Become a champion and ensure qualified for the group phase of the Champions League next season, Leicester's obviously already will get a flow of huge funds. That's not counting the commercial potential of the popularity that sped quickly throughout this season.

Sports and marketing data firm Repucom predict Leicester could get up to 150 million pounds. These funds come from various sources, i.e. the prize as the winner of the League, the Champions League participation, increase income from tickets, and other marketing benefits.

For instance, Totalsportek calculated that as a champion of Premier League Leicester as a whole will get a cash prize of at least 90.9 million pounds.

From participation in the Champions League next season, Leicester will already get 9.4 million pounds. This is just their breakouts to the group phase. They could dredge up more money over in this tournament, depending on performance and how far it could be stepped up.

In addition to the two sources of income at the top, Leicester obviously still got large infusion potential in terms of the utilization of their image. Just FYI, the popularity of Leicester along this season increase rapidly, meaning the potential commercial bandwagon streaking.

From the side of social media, the BBC reported follower of Leicester's Facebook page has experienced an increase of 540%, making it one of the most fast-growing sports teams accounts in the world. Algeria became one of the largest bases, with 500 thousand followers thanks to the presence of Riyad Mahrez on the team.

Rapid growth has also been reported to occur in Thailand and Italy. Thailand is a country of Leicester owners, Vichai Srivaddhanaprabha while Italy is the country of origin Team Manager, Claudio Ranieri.

"The real commercial potential of Leicester City FC will be more apparent in the interlude of season change because the brands compete to associate them with clubs and vice versa, the Premier League champions want to maximize the benefits of their status that can take effect," said the head consulting of Repucom for the United Kingdom and Ireland as quoted by BBC.

"The increase in tv audience will help increase their sponsorship property in the next season. The task now is to optimize the value of these assets and ensure they find income can be picked now by Leicester City, "he said.

Then, Leicester seems not to be worry about how they will improve the quality of squads for next season.

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