Thursday, 5 May 2016

Leicester City’s Title Win To Reportedly Fetch Them About $220m

According to a new study report by Repucom Sports Data firm, Leicester City’s historical title win will fetch the club about 220million US Dollars.

The financial rewards will come from the Premier League’s huge television revenues, playing in the Champions League, new sponsorship and higher gate receipts due to their success.

Repucom said: “Leicester City FC’s real commercial potential will become clearer in the season break as brands vie to associate themselves to the club and in turn, the league winners aim to maximise the returns their status could command.”

According to the sports data company, Leicester city’s mega cash will come from

*Potentially more than £90 million from winning the Premier League against £72 million when they came 14th last season.

*They would get £33m just for appearing in the group stages of next season’s Champions League, with another £3m waiting in performance bonuses.

*A third place finish in their group would guarantee a place in the Europa League and another £20m.

*Higher match day and commercial revenues could bring another £10m-£15m.

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