Financial brands have long been involved in the world of sports, whether it be through sponsorships or investments. This is because sports provide an attractive platform for these brands to reach a wider audience and increase their visibility.
One of the most common ways financial brands get involved in sports is through sponsorships. This involves a company paying money to have their name and logo displayed on a team’s uniforms, signage at the stadium, or through various other advertising channels. By doing so, the financial brand is able to reach a large and captive audience of sports fans.
Another way financial brands get involved in sports is through investments. This can take the form of owning a team outright or investing in stadiums and other sports-related infrastructure. By doing so, the financial brand is able to benefit from the increased value of the team or infrastructure over time.
Examples of Financial Brand Involvement in Sports
One example of a financial brand involved in sports is JPMorgan Chase, which is a sponsor of the US Open tennis tournament. Another example is Barclays, which was the title sponsor of the English Premier League for over a decade. In terms of investments, the New York Yankees and Manchester United are both partly owned by financial brands, with the Yankees being owned by a group led by Goldman Sachs and Manchester United being partly owned by the hedge fund manager, John Paulson.
Financial brands are heavily involved in the world of sports through sponsorships and investments. By doing so, they are able to reach a large and captive audience of sports fans and benefit from the increased visibility and value over time.