Football clubs in Sydney and around the world need money for their day to day running. Clubs have several ways through which they raise funds. Clubs cannot be limited to a single source of income because of their substantial wage bills and other activities. The following are ways in which Sydney-based clubs raise money to operate:
Sponsors are the primary source of income for teams. Almost all clubs have a sponsor with some having multiple sponsors. Sponsors could be all kind of organisations, and they offer financial aid to the organisations. In most cases, sponsors have a fixed annual allocation for their respective teams. In the recent past, betting companies like Playamo Mobile have shown a specific interest in football sponsorship.
The Australian government supports sporting activities in the country by offering financial aid to teams. The money is distributed through football governing bodies such as the Football Federation Australia. The government usually has a budgetary allocation for all recognised sports.
Match Day Earnings
Clubs usually sell tickets to fans to use as a pass for accessing the stadiums to watch games. Sydney is a place where football is highly appreciated, a reason why there is high attendance in games. High presence consequently results in increased earnings.
Proceeds from Winning Competitions
Winning the league or any other tournament attracts vast amounts of money. The money is not only given to the winners. It is allocated according to the performance. This and other incomes help towards the day to day running of the club.
Selling Branded Merchandise
Football fans in Sydney are vast consumers of club commodities. As they promote club activities, they also get something in return. In most cases, people buy branded jerseys for teams they support. On match days, you will find most people dressed in the team’s attire. Other commodities can be branded and sold. Some of them include hoodies, caps and tracksuits.