The English Premier League is undoubtedly proved to be a benchmark for all football leagues regarding how to advertise and make money through the game of football.
After all, the more revenues a particular club generates, the more it spends on buying quality players and improving facilities for players and fans in the stadium.
The vital ingredient of English Premier League success was its ability to get lucrative sponsors throughout the last decade or so. Basically, according to figures related 2013-14 Premier League season, clubs like Manchester United, Chelsea and Arsenal were all included in the list of top 20 richest clubs in the world.
English Premier League caters to a global range of audiences and is watched almost 4.7 billion people across the globe.
The increase in coverage in print and electronic media means that audiences are well-aware of all events that were going on in regards to the English Premier League.
The importance of good sponsorship has gained prominence over the years. The use of social media has made it easier for clubs to connect with their fans across the globe.
The role of good sponsorship
A good sponsorship can undoubtedly yield positive results in the coming years. One should also take into the account that the type of organization who is involved in the sponsorship deal. Newcastle United fans were pissed off at the club owners for signing a sponsorship deal with payday loans firm Wonga.
There is another aspect of sponsorship that is online betting on the game of football. West Ham United bagged a deal with Betway.
The role of good sponsorship is critical nowadays as many tend to create initiatives or programs that will benefit people at the grass-root level.
For Emerging leagues, getting good sponsorship is very critical to make their name at the highest level in football. Spending money in the right manner will bring positive results for emerging leagues, who want to reach the next level in football.