How do Irish teams fund their staff and venues

The Irish football league is different in more than a few ways from some of its counterparts. Funding, for one thing, is often not as easy to access for some of these teams, for one reason or another. So, how do Irish teams fund and pay for all the things they need to function as a team? There are a variety of creative ways that they’ve found to do so, so read on to find out about a few of them.

• Sponsorships 

One of the simplest and most effective ways that Irish teams, and indeed teams globally, make money is via sponsorships. There are a couple of ways that sponsorships can work. The most obvious and well known is that the whole team will be sponsored by a certain brand or product. 

This sponsorship will then be displayed on players shirts, around the stadium, and in ads on the screens. For the sponsor, this is a form of advertisement on quite a large scale, and it is often a common means of advertising for sports brands, Irish betting companies and food brands. Sponsorships can be some of the most lucrative deals in the sporting world in general, and certainly in football. 

But sponsorships do not only work in this one way. Often, brands will reach out to an individual player in a team, and work out a sponsorship deal with them in particular. Many times, for instance, sporting brands use famous players as spokespeople for their brands. 

Very often, though, these agreements involve paying a certain amount to the team, as well. So, sponsorships can work in a variety of ways, and they’re certainly one of the best and most common ways that Irish teams fund their staff. 

• FIFA Funding 

Though it is not always as forthcoming as sponsorship money, from time to time FIFA will provide funds to help with the overall running of a football club. Particularly in light of recent events, venues like sports stadiums have had to go to extra lengths to keep spectators and players safe, and this is one of the ways in which FIFA have been lending a hand. 

But, funding such as this is available more generally, too. However, the simple fact is that, for the most part, football is one of the most lucrative sports in the world—there is always plenty of money to be made by the team. So, in general, FIFA does not typically hand out large relief funds. 

Those times when they are there to do so, however, are really vital in the survival of the sport. 

• Merchandise 

Sports fans love merchandise. They love showing their support for their team through clothes, props, stickers for their cars—anything. And there’s a lot of money to be made in this. 

Sports teams typically work out lucrative deals to have their merchandise made, sold and distributed, either by a third party or within the stadium itself. 

In any case, this is one of the simplest ways for these clubs to fund their staff and venues. Fans are always going to want merchandise, not to mention that most teams tend to have a new kit every couple of years at least. 

And, as I said, it’s not just the clothes either. Pretty much anything you can imagine can be made into a piece of sports team merchandise, and the fact is that lots of people are going to want it! A successful merchandising campaign is another of the easiest ways sports teams have of making money to fund their existence.