That's not even close to what 345K shirts would bring in so that 20m number could be pretty close to accurate. Either way, they're making their investment back at a ridiculous pace.
20m divide by 375k will equal to 58 pounds or $100. That's how much jersey cost not how much club makes. Big difference. Adidas pays Real Madrid 26m pounds a year and they own a right to sale Real Madrid brand merchandise plus supply the team with all needs in return. Adidas sales Real Madrid stuff and gets about 85% of all profits. In average, large European clubs make only 9 pounds per shirt. So, multiple 10 pounds by 375k and u got 3.38m pounds. Not even half a James annual salary.
Do you honestly think sports clubs get 100% of profits from jersey sales? LOL! Sponsors like Nike and Adidas get their money back from jersey sales. That's why Nike dumped Manchester United because Manchester does not buy anyone exciting.
The real winner is Adidas. They got their money back.
For instance... In NFL teams get only 12% of sale.
In a good year, a typical NFL team makes about $5 million off merchandise sales, which worldwide totaled $3.2 billion in 2006. However, because of a wacky economic scheme, the teams don’t benefit all that much, sharing only about 12% of the wholesale price of an item.
I read multiple articles that state... Oh this team sold 30 jerseys for $100 each so they made $3,000! That's terrible reporting and person that writes these articles lacks common understanding how sports sponsorship business works.
If Pepsi puts Panthers logo and picture of Cam Newton on every can.... Should Pepsi give 100% of it's revenue to Carolina Panthers? Think about it.
I'm not so convinced Putin has "won" yet, we'll have to see what their elections bring
That's true too. After reading Russian news, Russians are no so thrilled about it actually. Looks like parliament might be no more and current Ukrainian president will have all the power which is terrible for Russia.
Russia will have to fug with the election to win. The initial article I read by CNN had incorrect information. Go figure...