Brisbane Roar teams up with Monochrome as Platinum Partner

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Image credit: Brisbane Roar website

Brisbane Roar confirmed Monochrome Corporation will become their Platinum Partner and A-League Men’s match day kit sleeve sponsor for the upcoming 2024/25 season.

Monochrome is a diversified financial services group specialising in crypto-assets and infrastructure projects within the bitcoin and digital asset sector across the Asia-Pacific region.

Earlier this year, Monochrome’s asset management division launched the Monochrome Bitcoin ETF (Ticker: IBTC), Australia’s first ETF to directly hold bitcoin.

A cryptocurrency company partnering with a club in the A-League is an extremely rare case and could signify a change in the future with this Brisbane Roar deal.

Central Coast Mariners partnered with Australian crypto platform Zipmex back in April of 2022 with the partnership becoming a joint deal with NRL club Penrith Panthers, however, this collaboration didn’t last very long at all, dissolving in 2023.

The other major codes in Australia have accepted multi-million dollar deals in crypto and the A-League could follow suit in the coming years if it becomes more acceptable.

Brisbane Roar Chairman & CEO, Kaz Patafta expressed his excitement and discussed the way this will benefit the club.

“We are delighted to welcome Monochrome to the club for the upcoming season. Monochrome is a leader in their field and a pioneer in the ETF investment space for crypto and bitcoin exposure. We are greatly appreciative for their support of our A-League Men’s program, and we look forward to seeing this partnership grow,” Patafta explained in a press release.

Monochrome CEO, Jeff Yew also commented on the collaboration and how the two parties are tied to the same values.

“Monochrome has been a long-standing supporter of Australian athletes and sporting events. Furthering our commitment to excellence alongside Brisbane Roar which aligns well with Monochrome’s brand values,” Yew said in a press release.

Brisbane Roar secure an important deal financially for the club and are busy once again in the offseason as they remain one of the strongest business clubs in the league.

This crypto deal is pioneering and could also give a glimpse into the potential for more deals like this if it becomes successful, with clubs becoming increasingly desperate for stable, financially-heavy partnerships.

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Adidas apparel deal under threat for Manchester United

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Image credit: Manchester United

Manchester United’s season goes from bad to outright embarrassing as each week passes, and a new report suggests that their massive apparel deal with Adidas is under threat due to their on-field failures.

According to The Telegraph, Adidas holds the right to terminate the deal with a one-year notice period should the Red Devils face relegation to the Championship.

United’s Form Sparks Concerns Over Lucrative Partnership

Manchester United’s long-standing relationship with German sportswear giant Adidas is under serious threat as their poor form continues to raise relegation fears.

Adidas first supplied Manchester United’s apparel in 1980 to 1992 before reuniting with the clu in 2015 following a 23-year gap.

The two parties recently inked a lucrative 10-year extension in June 2023, worth $1.8 billion AUD (£900 million). However, United’s current Premier League struggles could jeopardise this deal.

Premier League Woes Could Prove Costly

Sitting in 13th place, Manchester United are only seven points above the relegation zone, with Ipswich Town breathing down their neck.

It comes after the club had the least amount of points after the halfway mark to a Premier League season in the club’s history (22 pts), a record they seemingly find themselves breaking every year.

In the unlikely event that relegation does happen, the financial blows would be critical for the club.

Adidas’ Relegation Clause Explained

Adidas reportedly has a clause in the contract that allows them to reduce payments by 50% if Manchester United are not in the Premier League. Moreover, the club stands to lose an additional $20 million AUD (£10 million) annually if they fail to qualify for the Champions League.

If United were relegated, their payout could shrink to a mere $70 million (£35 million)  next season—a massive drop from the initial agreement.

Relegation Battle Heats Up

United manager Ruben Amorim has acknowledged the reality of the relegation battle his side faces.

Even if the concept of a Red Devils relegation seems impossible, the mere discussion of it is an indictment on the club.

Conclusion

If Manchester United’s downward spiral continues, the club not only risks relegation but could face severe financial consequences.

Their lack of Champions League football and a potential season without European football as a whole would mark a historic low point for the club and bring significant commercial repercussions.

Football NSW to Build on 2024 Participation Record in 2025

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Image credit: Football NSW

Football NSW are aiming to develop on the extraordinary numbers of the 2024 season that saw more than 260,000 players take to the pitch. The announcement comes as part of the national Play Football campaign.

With NSW being one of Australia’s largest participation states for football, the federation’s push for more numbers is a welcome target for football in the country.

Football NSW CEO John Tsatsimas spoke with enthusiasm about the sport’s trajectory, highlighting its inclusive nature.

“Football continues to be the sport of choice for the NSW and Australian community, providing a positive environment for participants of all ages and abilities,” Tsatsimas mentioned via Football NSW official press release.

“We have had unprecedented growth in players, coaches, referees and volunteers, with exponential growth in the female game.”

The statistics paint a promising picture of the sport’s expansion, with 2024 registering a 9% increase in player numbers from the earlier season. This translates to over 20,000 new participants.

Perhaps most significantly with the effect of the Women’s FIFA World Cup of 2023, female participation surged by 17%, with more than 9,000 women and girls joining the sport, accounting for nearly half of the total growth.

Maintaining and increasing Women and girls’ levels in the sport are crucial points for development of the Australian game and will be key for the continued rise in participation numbers.

The organisation is now actively encouraging early registration for the 2025 season to ensure players can secure spots with their preferred local clubs, with help from the updated Play Football website.

Beyond player participation, Football NSW is expanding its focus on supporting roles within the sport. The 2024 season witnessed record numbers in coaching, refereeing, and volunteering positions, all crucial components of the game’s ecosystem.

The need for more people joining non-player roles through all levels of the game in NSW is evident with John Tsatsimas pointing out himself the necessity for the 2025 Season.

“There’s a place for everyone in our sport, and we look forward to welcoming new and returning participants for the 2025 season,” Tsatsimas explained via Football NSW official press release.

For those interested in contributing to the sport beyond playing, Football NSW has established comprehensive pathways.

The Football NSW Coach Hub provides resources and guidance for aspiring coaches looking to shape the next generation of footballers.

Additionally, the Referee Hub offers opportunities for individuals to engage with the sport from a different perspective while maintaining an active lifestyle.

With football’s exciting growth continuing in Australia with the expansion and promising viewership numbers of the 2024-25 professional A-leagues, it is always important for the sport that the participation numbers of state leagues and amateur local clubs follow the trend.

Register now for 2025 by clicking here.

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