Do you know it is possible to make money from Football Leagues and several other sports competitions as well? You might be missing a lot of business opportunities if all you do is just watch a game and leave or wait for the next. Discover amazingly simple ways to make money from the World Cup and other Sports competitions in this post, as we present top sport businesses to you.
Sports in general has always been known to generate a lot of money for both the participants (players, coaches) and others (businessmen). The FIFA World Cup that is held every four years in different countries being a huge example of this.
The World Cup however is not the only sports game that presents business opportunities for anyone anywhere to take advantage of. Other major and minor football leagues that played seasonally does the same.
For instance we have the UEFA Champions League, English Premier League, Spanish La Liga, Italian Serie A, German Bundesliga and French Ligue 1. These major leagues are the most watched all over the world and thus, presents the greatest opportunities for business investments.
Other sports competitions that presents the same opportunities as the above mentioned ones are: Wrestling (WWE & TNA in particular), Boxing, Basketball, Rugby, Golf, Motor Racing and so many others.
So what are the business opportunities the World Cup and all these sports activities presents? How do you make money from all these sports competitions? Discover how below!
1. Start A Sports Viewing Centre
In a place like Nigeria where there are millions of sports lovers, sports viewing centres are always jam-packed with people. Especially when two major teams or countries are playing a football game.
To gain a seat in a viewing centre, an individual is required to pay a specific amount of money from N50 to N200. It is even costlier in a place that has VIP sections that is well furnished with Air conditioners and serve drinks.
Starting a sports viewing centre is a very good business idea. Just make you position it in a good location and buy high quality televisions to display sports events.
Ensure that the place is always kept neat with the seats well arranged. Let people pay before gaining entrance into the hall, you don’t want to be found fighting with your customers after the games are over.
You can get very affordable high quality televisions online this link on Jumia or Konga stores.
2. Sell Sports Materials
Sports materials like footballs, jerseys (especially that of teams that played well in the World Cup or top football leagues), boots, stockings, hand gloves, volleyballs, handballs, javelin, nets etc.
You don’t necessarily need to setup a physical shop in a particular location to do this. Although it is best if you have one.
You can carry these materials around to places like football viewing centres, fields and stadia. Sell them to whoever wants to buy and make your money.
For instance, the 2018 Nigerian team jersey at the World Cup sold for N41,000 after it was unveiled and was rushed like hot cake. That is over $112 dollars for a jersey.
That is just one example of how much money you can make from sports materials business.
3. Sell Sports Magazines And Newspapers
You can make a lot of money from sport events selling magazines and newspapers. Two of the best and most popular sports newspapers and magazines to sell in Nigeria and make money from are Complete Sports and Sporting Life.
Sports newspapers and magazines sell well at road junctions, bus stops, motor parks and sports events centres.
I personally know a man around Coker in Ajegunle, Lagos that deals specifically on this. From this business, he has achieved a lot to the point he has several people working for him. Although he merged it with other newspapers.
4. Start A Match Result Prediction Website Or Blog
If you are a sports analyst and very good at that, especially when it comes to football. You can actually start a match result prediction website or blog and make good money from it.
Predicting the outcome of a match is not easy at all. That is why there are very few people in this line of business. However, the few that are doing it and are very good at it are making it big.
In a single match between two teams, there are over 100 different possible outcomes. Identify the particular area you are very good at and focus on it.
Take for instance, a World Cup match between Nigeria and Iceland. A match prediction website can always predict Nigeria to win, draw or even Iceland to win.
Also the number of goals that can come out of the match can also be predicted by a good sports analyst. Including the number of goals each team will score.
In fact, over 100 outcomes can be predicted just from that match alone.
On this particular website, you can advertise other peoples products and services and make money just for placing that ad on your site.
Affiliate marketing, Google Adsense, Sponsored posts and other forms of making money online from a website can easily be done on such a website.
5. Setup A Live Scores Website
There are several people out there that may want to watch the World Cup or other football matches. This is either in a sports viewing centre or in their homes but due to one thing or the other, they are not able to.
What these set of people normally do, is to find a way to follow the game online live scores websites. This can be through their smart phones, Ipads or Computers.
Apart from checking on such websites for scores, people also go there to read match live text commentaries and also check the stats.
Such a website can be easily integrated with Google Adsense and other online money making ventures I have earlier listed.
6. Start A Sports Radio/Television Channel
Do you know how much top sports radio and television channels like Brila Fm, France 24 and others rake in everyday? Especially during major tournaments like the World Cup, Champions League, English Premier League, La Liga and others? It is mind blowing!
A sports radio or television channel is one of the biggest business opportunities major football tournaments like the World Cup presents.
Though starting this particular business requires a whole lot of capital and paperwork but it is definitely worth investing.
7. Write For Sports Websites, Newspapers And Magazines
Do you know there are several sports websites, newspapers and magazines that can pay you to write for them including as a freelancer?
I mean sports websites like Goal.com, ESPN and even Nigerian newspapers and magazines like Complete Sports and Sporting Life.
It is very true. You just have to search around you for such sports companies and submit an application with them. You can even do that online.
These are the ways to make money from the World Cup and any other sports competition or league in the world.
I hope you find this post helpful. If you do, please feel free to share it on social networks using their icons below.
If you have any question or contributions to make, please drop them at the comment section below. I will respond to them as soon as I can.