Established in 1994, Ceramic Solutions has excelled at the supply and installation of swimming pool tiles and equipment for the pool and leisure industry, with a focus on the needs of end-users. …read more
Chinese professional sports market to reach US$242 billion by 2025
The annual revenue from China’s professional sports industry will reach 1.6 trillion yuan (US$242 billion) by 2025, according to a report by China eCapital Corp.
As stated in the report, the sector is expected to grow at a rate of more than 20% from 2016 to 2025.
At the same time, amateur recreational sports will grow from the current 1.2 trillion yuan to 3.5 trillion yuan. It is said that the growth will be mostly driven by broadcasting rights fees for professional sporting events.
The report believes that this trend started with Ti’ao Dongli’s whopping 8 billion yuan bid to air Chinese Super League games from 2016 to 2020. Later, the company resold the first two seasons rights to LeSports for 2.7 billion yuan.
It explains "the capital market has apparently been paying more attention to the sports industry in the past year as the industry enters a period of explosive growth."
China's ongoing acquisition of global sporting properties has reportedl seen China Media Capital (CMC) and the Dalian Wanda Group this week bid US$4.1 billion for the Ultimate Fighting Championship (UFC).
21st March 2016 - WANDA GROUP PARTNERS WITH FIFA
3rd March 2016 - ADIDAS LOOKS TO BE OPERATING 12,000 STORES IN CHINA BY 2020
10th February 2016 - CHINA TO HAVE 20,000 SCHOOLS SPECIALISING IN FOOTBALL BY 2017
18th December 2015 - CHINA ADVANCES MASSIVE INVESTMENT IN YOUTH FOOTBALL DEVELOPMENT
10th September 2015 - ALIBABA GROUP LAUNCHES DEDICATED SPORTS VENTURE
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Turnstile Entry Systems and Access Control Centaman Entrance Controls’ Award Winning Range of Access Control Systems includes tripod & triarm turnstiles, speedgates, full height…read more
At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…read more
The Calgym/Synergy group has had a long and proud history since 1976 as world leaders in the innovation, design and evolution of commercial strength and conditioning equipment. The Synergy group was…read more
Aflex Inflatables are the leaders for obstacle courses, pool toys, waterparks and land-based watersides and fitness runs. They are industry leaders offering the widest range of pool, lake and beach…read more
Recreation Management Software for managing all your program registrations, facility bookings, membership pass sales and Point of Sale; including detailed reporting, automated customer communication…read more
Clubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…read more
We are the leading providers of kids fun multi-sports programs for Sport and Recreation Centres. Programs cover twelve common sports as well as Gross Motor Skill Development and suit children from as…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!