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American Football Media - Switzerland
The American Football media market in Switzerland has seen a decline in growth due to various factors such as limited popularity of the sport, lack of investment in digital technologies, and competition from other popular sports. However, with the increasing adoption of online streaming and growing interest in American Football, this market is expected to see a gradual rise in the coming years.
Customer preferences: In Switzerland, American football has steadily gained popularity in recent years, resulting in a growing demand for related media content. This has led to the emergence of live streaming platforms and pay-per-view services, catering to the preferences of younger generations for convenient and on-demand access to sports content. Additionally, the rise of social media and influencer marketing has allowed fans to engage with their favorite teams and players, leading to a more interactive and personalized viewing experience. These trends highlight a shift towards a more digital and personalized approach to consuming American football media in Switzerland.
Trends in the market: In Switzerland, the American Football market is experiencing a shift towards digital media consumption, with more fans opting to watch games and access content online. This trend is driven by the increasing availability and convenience of streaming services, as well as the rise of social media platforms as key sources of news and information in the sports industry. This shift has significant implications for media companies, advertisers, and leagues, as they must adapt their strategies to engage fans in the digital realm. Additionally, this trend is expected to continue as technology advances and digital platforms become more integrated into the fan experience, presenting new opportunities and challenges for stakeholders.
Local special circumstances: In Switzerland, the American Football Media Market is influenced by the countrys strong emphasis on traditional sports, such as skiing and ice hockey. This has resulted in a smaller market for American football, with limited media coverage and a smaller fan base. However, the countrys high disposable income and interest in high-quality entertainment make it an attractive market for niche American football media companies looking to enter the European market. In contrast, in the United States, the American Football Media Market is one of the largest and most developed in the world, accounting for a significant portion of the overall sports media market. This is largely due to the countrys cultural focus on American football, as well as the regulatory environment that allows for lucrative media deals and partnerships between teams and broadcasters. Overall, the contrasting market dynamics between Switzerland and the United States demonstrate the significant influence of local factors on the American football media market within the larger Sports market.
Underlying macroeconomic factors: Macro-economic factors such as technological advancements, government policies promoting sports and entertainment, and the overall health of the economy play a crucial role in the growth of the American Football Media Market. Countries with advanced digital infrastructure and a strong consumer base for sports are likely to witness higher market growth compared to regions with limited digital resources and lower interest in sports as entertainment. Additionally, the rise of emerging economies and growth in disposable income levels have increased the demand for sports entertainment, including American football, leading to higher investments in media rights and broadcasting for this market.
Swiss Bank Discloses Details Of Laundering Deals Involving South America's Football Officials
Saturday, May 29th 2021 - 09:22 UTCFull article
The Swiss bank Julius Bär admitted to having laundered that money for Grondona and his family A Swiss bank Friday admitted before a Federal Court in New York it had laundered around 25 million US dollars for the late Argentine Football Association President and FIFA Vice President Julio Humberto Grondona and his family, it was reported.
The Swiss bank Julius Bär admitted to having laundered that money "from the payment of bribes he received in exchange for the television rights of 2018, 2022, 2026 and 2030 World Cups, as well as other tournaments".
The entity also admitted to having carried out laundering operations in Switzerland and the United States for three heirs of Grondona's.
The bank released this information as a part of an agreement with the US Department of Justice in the case known as FIFAgate for which numerous international football officials have been prosecuted, but which Grondona himself avoided through a timely death on April 30, 2014.
The bank has acknowledged it served as a channel for the laundering of millions of dollars destined for the then South American Football Confederation (Conmebol) President Ricardo Teixeira and Treasurer Sergio Jadue, heads of their national respective associations in Brazil and Chile.
The bank has agreed to pay around US $ 79.6 million, between a fine and forfeiture, and to undergo a control and audit process over the next three years.
Julius Baer also explained that Argentine TV executive Alejandro Burzaco and some of his colleagues of Torneos y Competencias SA created two front companies (FPT Sports SA and Arco Business and Developments Ltd) with which they opened accounts and subaccounts in Switzerland through which they paid Grondona about US $the 30 million for the television rights to the World Cups. Of those funds, US $ 25 million were transferred to a subaccount of FPT Sports.
"The purpose of placing the funds in a subaccount, instead of in the main account was to hide the funds, while allowing Torneos... To receive bank statements to confirm that payments had been done".
In the documents presented before the court, Grondona is referred to as "Soccer Official No. 1," although substantial additional evidence made it possible for investigators to conclusively identify him, including the fact that he was head of AFA and had three heirs.
The bank also admitted that Grondona had issued specific instructions on how to invest the funds deposited in that subaccount and that after his death, in November of 2014, more than US $ 16.5 had been transferred to another account in the same under the name of one of his heirs.
In early 2015, the bank transferred another $ 8 million through a correspondent account in New York to another account in another Swiss bank for Grondona's second heir. And by then the bank was already doing business with his third heir to open another account at the bank and approve the deposit of three FIFA checks.
The financial entity also admitted to having channelled TV rights bribe money from the América, Libertadores and Sudamericana cups (all Conmebol competitions) for various executives of continental soccer, namely Eugenio Figueredo, president of Conmebol and the Uruguayan Football Association; Nicolás Leoz, president of Conmebol and the Paraguayan Football Association; Marco Polo del Nero and José María Marín of the Brazilian Football Confederation; Romer Osuna, Bolivia's FIFA delegate and treasurer of Conmebol, and Sergio Jadue, vice president of Conmebol and president of the National Professional Soccer Association of Chile.
Argentine businessmen Hugo and Mariano Jinkis were also singled out for their involvement in these types of transactions. They are both at large in Argentina after the late Judge Claudio Bonadío rejected in 2016 a request to extradite them to the United States.
American Football Media - Switzerland
The American Football media market in Switzerland has seen a decline in growth due to various factors such as limited popularity of the sport, lack of investment in digital technologies, and competition from other popular sports. However, with the increasing adoption of online streaming and growing interest in American Football, this market is expected to see a gradual rise in the coming years.
Customer preferences: In Switzerland, American football has steadily gained popularity in recent years, resulting in a growing demand for related media content. This has led to the emergence of live streaming platforms and pay-per-view services, catering to the preferences of younger generations for convenient and on-demand access to sports content. Additionally, the rise of social media and influencer marketing has allowed fans to engage with their favorite teams and players, leading to a more interactive and personalized viewing experience. These trends highlight a shift towards a more digital and personalized approach to consuming American football media in Switzerland.
Trends in the market: In Switzerland, the American Football market is experiencing a shift towards digital media consumption, with more fans opting to watch games and access content online. This trend is driven by the increasing availability and convenience of streaming services, as well as the rise of social media platforms as key sources of news and information in the sports industry. This shift has significant implications for media companies, advertisers, and leagues, as they must adapt their strategies to engage fans in the digital realm. Additionally, this trend is expected to continue as technology advances and digital platforms become more integrated into the fan experience, presenting new opportunities and challenges for stakeholders.
Local special circumstances: In Switzerland, the American Football Media Market is influenced by the countrys strong emphasis on traditional sports, such as skiing and ice hockey. This has resulted in a smaller market for American football, with limited media coverage and a smaller fan base. However, the countrys high disposable income and interest in high-quality entertainment make it an attractive market for niche American football media companies looking to enter the European market. In contrast, in the United States, the American Football Media Market is one of the largest and most developed in the world, accounting for a significant portion of the overall sports media market. This is largely due to the countrys cultural focus on American football, as well as the regulatory environment that allows for lucrative media deals and partnerships between teams and broadcasters. Overall, the contrasting market dynamics between Switzerland and the United States demonstrate the significant influence of local factors on the American football media market within the larger Sports market.
Underlying macroeconomic factors: Macro-economic factors such as technological advancements, government policies promoting sports and entertainment, and the overall health of the economy play a crucial role in the growth of the American Football Media Market. Countries with advanced digital infrastructure and a strong consumer base for sports are likely to witness higher market growth compared to regions with limited digital resources and lower interest in sports as entertainment. Additionally, the rise of emerging economies and growth in disposable income levels have increased the demand for sports entertainment, including American football, leading to higher investments in media rights and broadcasting for this market.
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