Sports
How to Make a Premier League Team Profitable
Shockwaves rippled through the footballing world this week after it was confirmed Newcastle Football Club has been bought out in a £300m deal, ending owner Mike Ashley’s 14-year tenure.
The takeover leaves Newcastle in the hands of the Saudi Arabia Public Investment Fund (PIF), which now owns 80% of the club. The other 20% is split evenly between Amanda Staveley and the Reuben brothers.
After years of frustration and disappointment, Newcastle fans are now full of hope for the future as their new owners are the wealthiest in the sport, worth an eye-watering £700bn. To put that into context, Manchester City previously had the wealthiest owners in the Premier League, who are worth £23bn.
That is not to say Newcastle is now worth £700bn, but they will now have a war chest which dwarfs all others, giving them the financial means to bring in big players.
This news might tempt you to check a major football betting site like 888Sport to see what Newcastle’s chances are of winning the Premier League this season, but their odds remain largely unchanged. City are still hot favourites to lift the trophy at odds of roughly 10/11.
So, besides a takeover from a wealthy consortium, how do Premier League clubs make their money? Their biggest revenue stream comes from television broadcast rights for the league.
The English top-flight is the most popular league in the world, in any sport; the viewing figures back this up. As such, the cost of domestic broadcast rights are astronomically high; they’re now in the billions.
Sky Sports and BT Sport are the two main contenders for this content, though Amazon Prime and the BBC also contribute.
Exactly half – 50% – of this revenue is split evenly between the 20 Premier League clubs. A further 25% is then distributed according to how many times a team is broadcast live (these are known as facility fees) and the final 25% is based on where a team places in the league (merit fees).
So, a team that is shown live on TV more often will receive a larger chunk of the facility fees, and likewise, a club that finishes high up in the league table will be rewarded with higher merit fees revenue.
This, in theory, should create more of a meritocracy and allow clubs to earn more money based on their performances. However, in reality, big clubs like Liverpool, Chelsea and Manchester United will always get more airtime and, thus, more money.
International broadcast rights revenue is split evenly between the 20 clubs, however, those that make it into the Champions League will get even more funds from TV rights. This is because of separate deals for this competition, and the amount they get largely depends on how far they go in the Champions League.
The TV rights battle only properly boomed over the past decade or so, leading to the staggering figures that are forked over by broadcasters nowadays, which only seem to keep growing.
A more traditional form of revenue for clubs are ticket sales. Clubs will charge each and every person that attends a game for their seat in the stadium, and these prices will vary depending on their position in the venue and the context of the game itself. A London derby between Chelsea and Tottenham will cost more to attend than a game against Aston Villa at Stamford Bridge.
Clubs will also make money from season ticket holders, who will pay a lump sum to have tickets in the same seats for every home game for their team.
On top of this, most Premier League clubs also offer exclusive hospitality and business packages to those willing to splash out on game day. These are particularly attractive to companies that want to impress clients or reward their colleagues. These packages cost a lot more than regular tickets and can be decent earners for Premier League clubs.
In a similar vein, major clubs provide tours of their stadiums outside of match days, charging people to look around and inside the venue to get a closer feel.
Aside from ticket sales, clubs will also be charging for food and drink inside the stadium, and these can generate huge sums of money when totalled up.
Then, of course, there is merchandise. Clubs will have their own shops and stalls on site that sell things like shirts and scarves, but they also have websites where fans can purchase these items as well.
Last, but certainly not least, are the shirt sponsor deals that Premier Clubs can command. Brands like Chevrolet and Yokohama pay tens of millions of pounds to have their logo featured prominently on the shirts of players, providing these teams with yet more income.
However, it isn’t all plain sailing, even for the world’s biggest football teams. Just look at FC Barcelona, who are facing the worst financial crisis in their long history. Their debt is over the £1bn mark, and they have a lot of work to do before they’re out of it.
A large part of their problems stem from player salaries which, according to club president Joan Laporta, represents 103% of their total income. Obviously, such a business model is not sustainable, particularly as they will have many other costs elsewhere.
Obviously, managing the finances of a major football club is no easy task and while it’s not possible to get a detailed look at exactly what has gone wrong at Barcelona, it’s clear that inflated salaries have been a huge issue.
Premier League clubs earn revenue from numerous streams, some of which aren’t wholly under their control but will still have a significant impact on their bottom line. Salaries will be their main outgoing so, as long as they can keep these in check, profits should come.
By Henry Ovie
A one-day golf training and tournament specifically for girls has been fixed for Sunday, March 8, 2026, in Koko, in the Warri North of Delta State.
A statement from the organisers of the event, Canaan Land Golf Training and Tournament, disclosed that about 50 girls would be accommodated.
Tagged The Biggest Giving Day of the Year, the programme, according to the chief executive of Akogate Group, Mr Felix Aganbi, will entrench the attitude of excellence and develop young, highly quality golfers in terms of their golf quality and personal character.
He urged parents in Nigeria and abroad to allow their daughters to attend the event, saying it will build their confidence.
“The golf training and tournament will introduce girls to golf in a social and engaging environment. It will also help them build confidence, learn vital skills, and connect with others in a friendly community,” he was quoted as saying in the statement on Thursday.
The programme, which will take place at the Canaanland Golf and Country Club, celebrates the social, economic, cultural and political accomplishments of women as well as raises awareness for accelerated gender parity
“Open to girls in years 8-16, the training and tournament provide high-quality coaching to assist the girl child in pursuing excellence in the sport of golf,” Mr Aganbi noted, listing technical skill development, comprehensive fitness and mental conditioning as key features of the training.
“The girls will learn the basics of golf grip, stance, posture alignment, golf rules and etiquette. They will also be taken for an 18-hole playing lesson.
“The training and tournament will broaden opportunities for girls in Nigeria to realise their potential through education.
“Canaanland Country Club shall continue to encourage the education of females, improve the economic position of women and enhance their participation in matters relating to both the family and the society.
“It is also to join hands with the government in making our state a better place to live, campaign for the dismantling of systemic barriers and push for the power of reciprocity and abundant giving,” he disclosed.
Driven by Sir Alfred and Mrs Warami Temile, Mr Aganbi said the “club would continue to provide necessary assistance for the general development of people, especially those who live in the rural areas.”
In a related development, Mr Aganbi said the Oluremi Tinubu Golf Classic would take place on Saturday, April 25, 2026, at Canaanland Golf and Country Club, Koko.
“The tournament will attract international talent, create opportunities for emerging players and motivate the next generation to see what is possible in the women’s game,” he stated, adding that over 75 women are expected to participate.
The event is another important step in strengthening the women’s game in Nigeria, delivering significant benefits to the Niger Delta, drawing women, officials and fans to Warri North and boosting tourism and hospitality industries in Delta State.
Aquafina took centre stage at the 11th edition of the Access Bank Lagos City Marathon on 14 February 2026, rewarding the first ten groups to complete the 10-kilometre race with N1 million each. The initiative highlights the brand’s continued investment in fitness, wellness, and the spirit of collective achievement within Nigeria’s growing running community.
Under its campaign theme, “Run am with your Padi of Life,” Aquafina encouraged runners to participate alongside friends, teammates, and running crews, celebrating the role of support systems in pushing limits and sustaining performance.
Throughout the race, Aquafina ensured strong on-course visibility while providing hydration support to help participants maintain energy levels. Its on-ground activations added excitement for both runners and spectators, contributing to the vibrant atmosphere of the event.
By rewarding groups rather than individual runners, Aquafina spotlighted the value of shared goals and mutual accountability. The N1 million prize elevated the competitive energy of the 10km race while reinforcing the importance of collaboration within Nigeria’s evolving fitness culture.
Widely regarded as one of West Africa’s most prestigious road races, the marathon once again attracted elite athletes, recreational runners, corporate teams, and fitness enthusiasts from across the country and beyond. Within this high-energy environment, Aquafina positioned itself as a trusted hydration partner supporting endurance and peak performance.
Speaking after the race, Funso Elubeku, Assistant General Manager at Seven-Up Bottling Company (SBC), said:
“The Access Bank Lagos City Marathon represents resilience, discipline, and the power of community. Through Aquafina, we ensured participants remained hydrated while celebrating the teamwork and support that helped runners push beyond their limits. Rewarding the first ten finishers underscores our commitment to recognising dedication, performance, and personal achievement.”
Aquafina’s presence at the marathon underscores its broader mission to promote active lifestyles and support platforms that inspire healthier living, strengthening its connection with Nigeria’s fitness community through meaningful engagement.
Sports
Mourinho’s Return to Madrid, a Battle Between Ligue 1 Giants and more: Bet on the Key Champions League Matches!
On February 24 and 25, the knockout phase return legs of Europe’s most prestigious club tournament will take place. The best sports betting site 1xBet offers a wide selection of markets and the highest odds for these games. Place your bets responsibly via this link and win big!
Inter Milan vs Bodø/Glimt, February 24
The runners-up of last season’s Champions League are in danger of being knocked out of the competition in the knockout phase play-offs. In Bodø, Cristian Chivu’s team lost 1-3 on artificial turf, which Inter aren’t used to playing on. According to the Nerazzurri coach, the poor condition of the pitch was to blame.
Inter are in a difficult situation. However, the team has scored 11 goals in their last 3 home games and is quite capable of making a comeback. The bad news is that Lautaro Martínez will miss the match due to an injury sustained in Norway.
Bodø/Glimt are certainly not in a state of euphoria. After the match, head coach Kjetil Knutsen said that his team had delivered an average performance. If the Norwegians manage to maintain their lead in the return leg, this story will one day be made into a TV series.
W1 – 1.302, X – 6.96, W2 – 9.65
Paris Saint-Germain vs AS Monaco, February 25
0-2, a missed penalty and an injury to the team’s leader by the middle of the first half – it’s difficult to get back into the game after such a start, but not for Paris Saint-Germain, an official partner of 1xBet. In the first match against Monaco, the Parisians equalized before the half-time break and snatched victory in the second half.
Monaco showed that they can surprise any opponent, but in the 2nd leg, the home side will take to the pitch with maximum concentration from the very first minutes. The statistics don’t favor the Monégasques: they’ve only managed to win at PSG’s home ground once in the last 9 years.
Luis Enrique’s team is the clear favorite in the 2nd leg and will try to take another step towards defending its title.
W1 – 1.29, X – 6.55, W2 – 11.4
Real Madrid vs Benfica, February 25
José Mourinho returns to Madrid, but we won’t see him in the technical area. The Portuguese manager got a red card in the emotional match in Lisbon, but even that didn’t make him the star of the show. The glory went to Vinícius Júnior. The Brazilian scored a spectacular goal in the second half, danced provocatively around the corner flag with the Benfica crest, got insulted, and in the end, these events were discussed more than the game itself.
Despite the victory, Real Madrid didn’t look significantly stronger than their opponents. Every now and then, the Eagles took control of the ball and forced Thibaut Courtois to make some incredible saves.
Before the 1st leg, José Mourinho said he wanted the score in the first match to allow his team to fight for a spot in the next stage in Madrid. He got what he wanted, but there’s a feeling that most of his football magic went into Anatoliy Trubin’s goal in the league phase.
W1 – 1.494, X – 5.08, W2 – 6.7
Juventus vs Galatasaray, February 25
Luciano Spalletti had said that his team was going to Istanbul to win, but the final score of 2-5 leaves them with almost no chance of advancing to the round of 16. Barış Yılmaz utterly destroyed the opposition’s left wing, which is where most of the threats to Juventus’s goal came from.
Galatasaray won’t have a fiery support of the stands in Turin. However, the team is in excellent form: in their first 5 matches in February, the Lions have scored 20 goals.
Many believe that Juventus advancing to the next stage would be a miracle. However, in this Champions League campaign, Galatasaray have already lost 1-5 to Eintracht Frankfurt, who are far from being the strongest team, and the Bianconeri must have faith in their abilities.
W1 – 1.564, X – 4.925, W2 – 5.78
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SMM
🏆⚽ Bet on the Champions League knockout phase 2nd legs!
📅 The fate of the tickets to the round of 16 will be decided on February 24 and 25. We’ve compiled a list of the most interesting matches for you:
❓ Inter vs Bodø/Glimt: can last season’s runners-up come back from a 1-3 defeat in the 1st leg?
W1 – 1.302, X – 6.96, W2 – 9.65
🚀 Paris Saint-Germain vs Monaco: in the 1st leg, the Parisians came back from 0-2 down and are looking to take another step towards defending their title.
W1 – 1.29, X – 6.55, W2 – 11.4
🧤 Real Madrid vs Benfica: the Meringues won by a narrow margin in Lisbon, but their opponents cannot be underestimated – even the goalkeeper can score for José Mourinho’s team.
W1 – 1.494, X – 5.08, W2 – 6.7
🔮 Juventus vs Galatasaray: can Luciano Spalletti’s team pull off a miracle after a 2-5 defeat in Istanbul?
W1 – 1.564, X – 4.925, W2 – 5.78
💰 Bet and win with 1xBet!
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