Soccer fans are not the only ones smiling in response to
UEFA’s latest news.
Just weeks after it was revealed that the Euro Cup
competition may be expanded from 16 to 24 in future years, it was announced
that the 2020 tournament may be staged in 12 cities across Europe.
For the sport’s passionate followers, this is hugely
exciting news. Not only will the competition include more countries, and
therefore more followers, but it will be played in some of soccer’s most iconic
stadiums, including London’s Wembley and Madrid’s Bernabeu. With the simplicity
and affordability of transportation throughout Europe, this is undoubtedly a
feasible endeavor.
As soccer’s popularity continues to skyrocket, UEFA has seen
both of their prized possessions --- the Champions League and Euro Cup --- have
taken on increased significance. Both competitions have seen increased
attendance and higher television viewership --- thanks at least in part to those
watching throughout the United States. With almost 1.5 million attendees, Euro 2012 set the record for the highest
aggregate attendance in the competition’s history.
By expanding the tournament by 8 teams, UEFA is bringing in
new audiences and inserting additional games into the schedule. In doing so,
they are making the property more appealing to their global corporate partners,
which already include A-listers Coca-Cola, McDonald’s, Adidas, and SHARP.
On top of their global partners, UEFA also brings in
national sponsors for each individual event. For Euro 2012, this consisted of
three brands in each Poland and Ukraine. By playing the 2020 tournament
throughout Europe, UEFA creates new opportunities for local/national partner
relationships. Additionally, with the competition being staged at Europe’s most
recognizable stadiums in the continent’s largest urban centers, there is
undoubtedly the potential for brands to sponsor individual matches, or at the
very least design activations around specific games.
While UEFA understands that neither Euro Cup nor Champions
League will ever rival the FIFA World Cup, they are doing everything in their
power to generate exposure for their premier properties. In doing so, they are transforming a 16-team
tournament played in a single (or at most two) countries into a 24-team
competition across Europe, where every single match is an international event
in its own.
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