Industry dealmakers to be honoured as new Award category is unveiled
Honouring the best dealmakers in the industry, the Sport Industry Awards 2020 will now feature the new ‘Deal of the Year’ Award in association with 23 Capital, a leading capital and solutions provider to the sports, music and entertainment sectors.
The new Award will highlight the organisations and individuals that are working to unleash greatness, enable value and demonstrate innovation within the sport industry. Aimed at honouring the deals that use ambitious and innovative thinking to achieve solutions, all entries must clearly demonstrate the added value created for all parties involved.
Submissions for the Deal of Year Award can reflect a deal of any commercial value and will be judged against the criteria below. Although the Award covers a global remit, all deals must demonstrate an impact within the UK. Whether a merger, acquisition, sponsorship or IP deal, a broadcast rights agreement or data integrity partnership, all forms of sport industry deals will be accepted.
All nominees will be judged against four key pillars:
• Unleashing Greatness
o The deal has created something bigger than the sum of the parts involved, and it will have developed future opportunities for growth that would have not been previously available to the parties involved.
• Enabling Value
o The deal has created a significant uplift to a given area of business for all parties, including financial, commercial, exposure or more. The deal has also made a difference to the wider society or area which it exists within and demonstrates a high levels of ethics.
o The deal was creative in delivering results, and all solutions were arrived at through ambitious, exciting and innovative thinking.
• Mutually Beneficial
o The deal delivered real benefits for all parties involved.
A steering committee made up of international industry experts will assess all nominations, before a shortlist is revealed. Then the prestigious Sport Industry Awards Judges, made up of senior industry figures, leading deal makers and official adjudicator EY, will review the finalists before choosing a winner.
The ultimate recipient will be unveiled at the Sport Industry Awards 2020 – the industry’s biggest night of the year – on Thursday 30th April.
Stephen Duval, 23 Capital Co-founder, said: “23 Capital is one of the world’s leading cross border European lenders to the football industry, and provides finance and capital solutions across the wider sports industry. As such, we know the power that a great deal can deliver and how influential the initial agreement can be in the prosperity of any partnership. We look forward to being part of the judging process and honouring the best dealmakers in the sport industry through the Deal of the Year Award at the Sport Industry Awards 2020.”
Nick Keller, Chairman of Sport Industry Group, said: “The industry is built on deals and almost all work that we honour at these Awards are born out of them. This new category is about honouring the foresight and creativity of the original dealmakers who put the key pieces in place for our industry to flourish and I’m already excited to see the different and varied nominations we receive.”