'Our main revenue stream': A-League rivals breaking the mould in the business of soccer

  • 📰 abcnews
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

Adelaide United and the Central Coast Mariners may be A-League rivals, but they have one thing in common. Both clubs have focused heavily on local player development, with an eye to finding the next homegrown stars — and later selling them to overseas teams in lucrative deals. In a league where teams struggle to break even, the prospect of multi-million-dollar transfers can make an enormous difference.

abc.net.au/news/central-coast-and-adelaide-focused-on-developing-stars/102766946When minnow Central Coast faced up against soccer giant Melbourne City in the 2023 A-League grand final, it was a classic case of David and Goliath.They are one of the poorest clubs in the competitionThe paupers of the competition up against the financial muscle of City, which is owned by the global football colossus City Football Group.

"We had the great luxury of Nick Montgomery signing some great players who weren't getting a gig elsewhere," Mielekamp said. "Smaller clubs like us and Central Coast, we need that, we don't have the big budget to go and buy the big players," Reds head of youth coach Airton Andrioli said. "It's significant revenue to the point that this year is likely to be our main revenue stream," Central Coast's Shaun Mielekamp said.

"From a business perspective it allows the club to grow, it allows the club to increase resources back into the Academy.""It's no secret, we always tell the boys that we are going to provide them a pathway to initially play for younger national teams, then playing for Adelaide and then the next step will be overseas," he said.Another Toure taking sport by storm

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines