Latest News

Back to Latest News back

 

Funding, capital raising and sponsorship addressed at 2024 NSC Sports Investment Summit

Funding, capital raising and sponsorship addressed at 2024 NSC Sports Investment Summit
November 21, 2024

The inaugural NSC Sports Investment Summit has wrapped up in Sydney with more than 100 delegates having attended the full day event on Wednesday, preceded by an industry dinner on Tuesday evening.

The first event of its type in Australia, the varied program included a wide range of stakeholders including the Australian Olympic Committee, Paralympics Australia, Commonwealth Games Australia, the Australian Sports Foundation, national sporting organisations (NSOs), investors, property developers, local authorities, facility managers and operators as well as input from event supporters Deloitte and the re-emerging Confederation of Australian Sport (CAS).

Looking to opportunities for the 2032 Bribane Olympics and Parylympics as well as post-Games legacy, the Summit also featured innovative discussions on the intersection of sport and technology, strategies to elevate Australian sport on the global stage while creating meaningful local impact and collaborative ideas to boost community engagement and build a stronger, more inclusive sports culture.

One of the day’s key take outs came during the session on ‘The Sponsor Lens’ when Matt Osler of National Australia Bank advised that superannuation funds are actively seeking investment opportunities, both domestically and internationally, as they have more demand than they can meet locally.

With NAB a longtime sponsor of AFL, Osler explained how, when making investment decisions, superannuation funds consider factors such as the entity's governance structure, management quality, strategic plan, and unique value proposition. Entities need to demonstrate why they deserve the fund's attention.

During the session on a ‘Global Perspective of Investment in Sport’, Australian Sports Technologies Network (ASTN) Executive Chair, Dr Martin Schlegel emphasised how, with a value $1.2 billion a year, Australia represents the world’s seventh largest sports rights market, and the importance of sporting events as a domestic economy driver.

The day’s final panel with CAS President and Executive Chair and President at sports tech business EngageRM, Ned Coten; NSW Office of Sport Chief Executive, Karen Jones and former Olympian and Athletics Australia President Jane Fleming addressed ‘future proofing sport’.

While this moved into covering more structural issues and how the sector is recognised, Fleming suggested that for recognition sporting bodies needed to “embrace physical activity”, making the remarkable claim that “we maybe need to steal the figures from health.”

Coten then wrapped up the Summit by highlighting a potential role for CAS in returning to represent the sport industry as it has done in the past.

Coten will be addressing this matter in a feature in the next issue of Australasian Leisure Management.

The National Sports and Physical Activity Convention will be returning in 2025.

Click here for details on the National Sports and Physical Activity Convention 2025 in the Australasian Leisure Management industry Calendar.

Images: Keynote pamels at the inaugural NSC Sports Investment Summit, (top, from left): NSW Office of Sport Chief Executive Karen Jones, Athletics Australia President Jane Fleming  and CAS President Ned Coten; NSW Office of Sport Chief Executive, Karen Jones and former Olympian and Athletics Australia President Jane Fleming addressed ‘future proofing sport’.(top)

Related Articles

18th November 2024 - Investment consortium completes acquisition of WNBL competition

16th November 2024 - Catapult advises of strong half year financial performance

14th November 2024 - ASTN and City of Perth collaborate in spotlighting local sports tech sector 

8th November 2024 - Australian Sports Commission announces marketing and communication network for Play Well program

30th October 2024 - Mark Thompson and James Demetriou acknowledged for Lifetime Achievement at ANZ Sports Technology Awards

30th October 2024 - NSC Sports Investment Summit announces Deloitte and CAS as event partners

29th October 2024 - PMY Group secures capital injection from USA investor Alignment Growth Management

21st October 2024 - Australian Sports Foundation advises of record $100 million in donations

15th October 2024 - Australia Sports Innovation Week and Australia Sports Tech Conference just days away

30th September 2024 - UK sporting executives to address dinner event at NSC Sports Investment Summit

26th September 2024 - New study indicates brand investment as crucial to women’s football development

16th September 2024 - KOJO joins PMY Group to transform global sport and entertainment offerings

13th September 2024 - Aventuur advises of investment initiatives for new Perth Surf park

11th September 2024 - Viva Leisure announces Boutique Fitness Studios investment to drive growth of Xponential Fitness brands in Australia and New Zealand

4th September 2024 - NSC Sports Investment Summit looks to address challenge of funding

3rd September 2024 - Sue Hunt named new Chief Executive at the Australian Sports Foundation

31st July 2024 - Ernst and Young report determines legacy benefits of Gold Coast 2018 Commonwealth Games

28th June 2024 - Australian Government delivers record investment in High Performance Sport

28th June 2024 - Australian Sport, Recreation and Play Innovation Awards Winners announced at NSC 2024

14th June 2024 - Cross governmental announcement confirms $40 million investment into Sydney’s Leichhardt Oval

6th June 2024 - Catapult’s sports technology innovations drive revenue past US$100 million

23rd May 2024 - MCEC makes significant investment in technology upgrades

20th May 2024 - Details released of $304 investment in Sunshine Coast Olympic venues

8th May 2024 - Brisbane 2032 Legacy Committee meets under new chair

9th April 2024 - Major investment delivers architecturally-designed 18-hole mini-golf course for Morack

27th March 2024 - Sports tech advisor and investor XV Capital forms partnership with Stadia Ventures

19th March 2024 - Major investment announced for Gippsland’s sporting infrastructure

29th February 2024 - Saudi investment fund PIF announces ‘strategic partnership’ with ATP

26th February 2024 - Sport NSW strategy calls for legacy investment

24th November 2023 - Rugby Australia secures private equity $80 million loan

3rd November 2023 - XV Capital partners with Coachmate to transform grassroots sports community coaching and engagement

7th August 2023 - Events promote Australia’s fast growing sports tech industry

24th May 2023 - New report reveals ongoing growth of Australia’s sports tech industry

16th November 2022 - Private equity firm Pemba Capital to acquire MSL Solutions in $120 million deal

6th April 2022 - Sport data experts Nielsen acquired by private equity group

14th December 2021 - A-Leagues sell 30% stake to US private equity firm Silver Lake


Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

Click here to view our subscription options.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Ticketworx Pty Ltd

Ticketworx (formerly House of Tickets) is Australia and New Zealand’s foremost ticket specialist servicing some 2,700 clients and producing in excess of 30 million per tickets per annum.…

read more

Entertainment / Events / Technology / Ticketing / Venues

 
 

Momentus Technologies

About: Momentus Technologies is a global provider of industry-leading venue and event management solutions that empower organizations to create extraordinary moments. With over 50,000 users in more…

read more

Entertainment / Events / Hospitality / Technology / Venues

 
 

Pico Play

Pico Play is a global leader in the planning, design, development and construction of world-class themed attractions and entertainment that deliver extraordinary and memorable experiences to millions…

read more

Attractions / Consultants / Design / Recreation / Tourism

 
 

VITEC

Stadiums and venues around the world recognise that success hinges on more than just what happens on the pitch. More than ever, fan engagement within each facility is a critical part of the overall…

read more

Entertainment / Sport / Technology / Venues

 
 

Quayclean

Quayclean are a national cleaning and waste services partner with proven results in the understanding and delivery of cleaning needs and challenges faced by facilities including; major venues and…

read more

Aquatics / Hospitality / Surfaces / Venues

 
 

COMMERCIAL AQUATICS AUSTRALIA

Commercial Aquatics Australia provides aquatic solutions nationwide and is one of the largest and most experienced companies specialising in the design, construction, renovation, service, maintenance…

read more

Aquatics / Design / Play / Waterparks

 
 

Exerp

Exerp is a global IT specialist in member management software for the fitness and leisure industry. By focusing on the needs of large enterprises, where streamlining, control and scalability are…

read more

Fitness / Technology / Wellness

 
 

iDwala Pty Ltd

iDwala is the Community Sports Facility Specialist offering the highest quality designs and technical expertise to Councils, Schools and Sporting Clubs looking to create sporting…

read more

Consultants / Design / Recreation / Sport / Surfaces

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business