ESSEC Sports Chair’s Post

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🚴♀️ Challenging the Status Quo of Cycling Business Models 🚴♂️ With the #TourdeFrance starting this weekend we're excited to share the latest article in our student series on sports business! This insightful piece by ESSEC Sports Chair student Benedikt Eckl discusses the economic challenges facing professional cycling teams. 🔍 Article Highlights: 🚴♂️ Critical Examination: Ben offers a critical look at why cycling teams currently have minimal financial value and do not turn a profit. 🚴♂️ Revenue Streams: Analyzes the limited revenue sources for teams, from sponsorships to prize money, and the impact of regulatory constraints. 🚴♂️ Proposed Solutions: Ben explores potential reforms, including revenue sharing from broadcasting and merchandising, to improve financial stability. 🚴♂️ Debate on Commercialization: Ben raises the question whether cycling should pursue increased commercialization, weighing the benefits and potential drawbacks. This article challenges existing business models and sparks a vital conversation about the future of professional cycling.  Read the full article here: https://lnkd.in/gDyFZ2jW #SportsBusiness #Cycling #FanEngagement #SportsEconomics #BusinessModels #StudentPerspectives #FutureOfSports #InnovationInSports

ESSEC Sports Chair - Cycling Team

ESSEC Sports Chair - Cycling Team

sports-chair.essec.edu

Karoline Strauss

Professor in Organisational Behaviour at ESSEC Business School

7mo
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