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SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) - Sports - Nairaland

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SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) by WannaHowzit(m): 7:14pm On Feb 02, 2023
SA Tourism has proposed a three-year sponsorship deal worth £42.5 million (about N24 billion or ZAR900 million) with English Premier League football club, Tottenham Hotspur.

In exchange for the investment, SA Tourism will receive kit branding, interview backdrop branding, match-day advertising, partnership announcements, training camps in SA, and free access to tickets and stadium hospitality.

SA Tourism proposed a three-year deal worth £42.5 million starting at the beginning of the 2023/24 English Premier League season and ending at the end of the 2026/27 season.

However, it noted that a risk was raised at a board meeting on 27 January 2023, which was related to Tottenham being relegated to a lower division during the three-year agreement.

The football club had strong links to SA, with Mbulelo Mabizela, Steven Pienaar, and another local, Bongani Khumalo, having donned the team's colours.

Tourism objective

Under the Q&A regarding the financial obligation to be incurred by SA Tourism in terms of the partnership proportionate to Return on Investment (ROI) it would obtain as a result, the proposal stated: "As entering into a sponsorship partnership with Tottenham Hotspur will likely result in a disproportional contribution (of more than 36%) towards the achievement of primary objective (21 million tourist arrivals), it would therefore be completely justifiable for SA Tourism spending a disproportional percentage of its annual marketing budget (36%) on the proposed Tottenham Hotspur partnership while having in place a risk management strategy to properly manage all risks associated with that."

Re: SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) by Starboytwo(m): 7:16pm On Feb 02, 2023
Congrats
Re: SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) by WannaHowzit(m): 7:18pm On Feb 02, 2023
SA Tourism on Thursday defended thr provisional sponsorship deal aimed at increasing international tourism into SA from 10 to 23 million visitors.

Re: SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) by WannaHowzit(m): 8:50pm On Feb 02, 2023
Public not happy with this announcement...

Re: SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) by WannaHowzit(m): 8:24pm On Feb 03, 2023
The saga continues

Re: SA In N24-billion Branding Deal With Tottenham Hotspurs To Boost Tourism (PICS) by WannaHowzit(m): 8:27pm On Feb 03, 2023
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