SportingWins writes financial contracts, “Hedging Agreements”, which cover the cost of success bonuses, consumer promotions and other financial commitments dependent on the results of professional sports.
SportingWins has helped clients facing a broad range of business risks dependent on the results of professional sports, including:
- Businesses offering consumer promotions of the form “Buy a TV and get your money back if Spain wins the World Cup”
- Clubs and national associations with success bonuses payable to players, managers and staff
- Corporate sponsors, equipment manufacturers and tournament promoters with bonuses payable to teams and athletes that endorse their products
- Organisations that would have suffered financially had specific teams failed to qualify for a particular event
SportingWins is the clear market leader in its field and, in 2010, we covered in excess of €80 million of risk. Since inception in October 2006 we have signed contracts with over 40 clients across more than 15 countries. We consistently offer good pricing, ample capacity and a professional service: 90% of our business has been from clients with whom we have agreed multiple deals.
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