Post by staggerstag on Jun 23, 2017 8:02:58 GMT
The FA will lose a comparatively paltry £4m by severing its commercial association with Ladbrokes, it says here. Similar disconnections seem set to follow.It's something of a bollix really when, as the fellow says, you consider that last season 11 of the EPL's (albeit the Premier League is not the FA) 20 clubs had the name of a bookie plastered across their team shirts - including Palace & Bournemouth : Mansion Group (online casino etc) Stoke City : Bet365 (Victoria Ground > Britannia Stadium > Bet365 Stadium) Watford : 138.com; WBA : UK-K8.com (who? wtf?) And SkyBet sponsors the Football League, too.
Seems like a hollow gesture to me. "Let's show them we're doing something to discourage players and punters from gambling their bollix away" But you can't altogether turn your nose up at the financial clout of the online/high street bookies who are getting more and more involved in the game, eh?
Dan Roan, BBC sports writer, says :
"The decision to end this commercial relationship with Ladbrokes will cost the FA an estimated £4m a year in sponsorship revenue.
But it does at least finally address mounting concerns the governing body was being hypocritical and its role as a regulator of gambling was hopelessly compromised by a clear conflict of interest.
However, there will still be concerns the football and gambling industries are too closely linked. It will be interesting to see if the clubs follow the FA's lead."
There could now be increased pressure to end this, and to limit the promotion of gambling around football via broadcast programming too."
They may have been relegated last season, but I for one did not know this about Hull (2016) :
"Hull City managed to return to the top tier of English football this year and it is clear that this helped them strike a new sponsorship deal with the popular African betting operator SportPesa. The deal was signed for the period 2016-19 and it is worth £3 million per season. This is the largest sponsorship deal in the history of the club.
SportPesa is owned and operated by Pevans East Africa Limited (PESA), a privately owned companies, where 4 people own almost 80% of the shares. The company was founded in 2014."
I say there's no way out of it. And am I to feel bad for popping into the bookies for a £5 fun accumulator knowing that, on the occasions the bet doesn't come in, I am adding to their financial pot?
Seems like a hollow gesture to me. "Let's show them we're doing something to discourage players and punters from gambling their bollix away" But you can't altogether turn your nose up at the financial clout of the online/high street bookies who are getting more and more involved in the game, eh?
Dan Roan, BBC sports writer, says :
"The decision to end this commercial relationship with Ladbrokes will cost the FA an estimated £4m a year in sponsorship revenue.
But it does at least finally address mounting concerns the governing body was being hypocritical and its role as a regulator of gambling was hopelessly compromised by a clear conflict of interest.
However, there will still be concerns the football and gambling industries are too closely linked. It will be interesting to see if the clubs follow the FA's lead."
There could now be increased pressure to end this, and to limit the promotion of gambling around football via broadcast programming too."
They may have been relegated last season, but I for one did not know this about Hull (2016) :
"Hull City managed to return to the top tier of English football this year and it is clear that this helped them strike a new sponsorship deal with the popular African betting operator SportPesa. The deal was signed for the period 2016-19 and it is worth £3 million per season. This is the largest sponsorship deal in the history of the club.
SportPesa is owned and operated by Pevans East Africa Limited (PESA), a privately owned companies, where 4 people own almost 80% of the shares. The company was founded in 2014."
I say there's no way out of it. And am I to feel bad for popping into the bookies for a £5 fun accumulator knowing that, on the occasions the bet doesn't come in, I am adding to their financial pot?
) Bet €10 and get a free €10 bet texts which I just got is tempting but I got the Sunderland - Derby game penciled in as me first bet of the season.
Might start a challenge with that game.