Connect with us

Sport Business

ekko and REPX Partner to Bring Sustainability to Football and Sports Fans Across the Globe

Published

on

Real Madrid's Portuguese forward Cristia

ekko, the eco-positive fintech, and REPX, the global leaders in fanbase cards, today announced an exclusive sustainability tech partnership, offering billions of football and sports fans globally the ability to fight climate change and support their favourite team at the same time, simply by tapping their card when they shop.

REPX’s impressive co-brand portfolio – including 2022 Champions League winners Real Madrid, Italian Championship winners AC Milan, Europa League finalists Glasgow Rangers alongside motor sports such as Formula One – will be able to offer their supporters access high-quality, sustainable green finance on their co-branded PAY FAN App, supported with all-encompassing digital-first payment cards.

In the pioneering partnership, ekko’s technology will show supporters their carbon impact, carbon offset their purchase, save plastic bottles before they reach our oceans, and plant trees as they tap and engage with their club.

Commercial sport contributes approximately 0.8% of the world’s carbon emissions, which is equivalent to the overall emissions of countries like Poland, Thailand and Spain(1).  It is estimated that football contributes around 0.3% – 0.4% of global emissions.(2)

Without climate action, by 2050 23 of 92 English football league clubs are likely to face partial or total annual flooding of their stadiums, as do those of Premier League Clubs Chelsea, West Ham and Southampton(3).  In France, Bordeux’s Matmut Atlantique stadium could be completely flooded on an annual basis.(3)

Oli Cook, CEO of ekko commented: “Combining supporters’ passion for their favourite team with our common goal of tackling climate change is going to bring about positive impact at scale. ekko’s sustainability-as-a-service technology, partnered with REPX’s engaged consumer base with billions of fans, has the potential to make real change happen”.

Amanda Harrison, SVP, Head of Business Development at REPX observed, REPX, as it is known, is a company that is revolutionizing the traditional banking industry by combining payment technology and the passion of billions of fans around the world with social media. Thanks to this partnership, ekko and REPX will be rolling out their exclusive technology partnership to fans in the coming months, with the goal of empowering billions of fans globally to have a positive impact on the environment”.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Sport Business

Eni Aluko Breaks Barriers: First Black Female Football Club Owner in Italy

Published

on

Eni Aluko

Eni Aluko, former sports director for Aston Villa and Angel City, has shattered the glass ceiling by becoming the first black female football club owner in Italy.

Aluko’s journey from the pitch to the boardroom marks a monumental shift in the traditionally male-dominated realm of football ownership.

Aluko’s foray into ownership comes through her involvement with the Mercury 13 group, a consortium dedicated to revolutionizing women’s football.

This $100 million investment group, named after the 13 female pilots who passed the same rigorous testing as NASA’s original Mercury 7 astronauts, aims to elevate the status of women’s football teams across Latin America and Europe.

Their recent acquisition of a majority stake in FC Como Women, situated in northern Italy, underscores their commitment to this vision.

For Aluko, this milestone isn’t just about personal achievement; it’s about paving the way for future generations of black sports investors and female football enthusiasts.

“Representation matters,” Aluko emphasized in a recent interview. “As the first, I understand the significance of this moment. But more importantly, I see it as an opportunity to inspire others and to promote diversity and inclusivity in the beautiful game.”

Aluko’s transition from player to owner is a testament to her unwavering dedication to football.

Having retired from professional play, she has seamlessly transitioned into roles in sports broadcasting and now ownership, leveraging her extensive experience and expertise to drive meaningful change within the industry.

The significance of Aluko’s ownership stake extends far beyond the confines of FC Como Women. It serves as a beacon of hope and inspiration for marginalized communities within football, signaling that barriers can be broken and dreams can be realized regardless of race or gender.

The Mercury 13 group’s investment in FC Como Women is poised to catalyze a new era for the club and women’s football in Italy as a whole.

With Aluko at the helm, there is an undeniable sense of optimism and momentum surrounding the future of the team and the broader movement for equality within the sport.

Continue Reading

Sport Business

Joshua Dominates Ngannou with Second-Round Knockout in Saudi Arabia Showdown

Published

on

Nigerian British boxer Anthony Joshua showcased his prowess by delivering a second-round knockout against UFC heavyweight champion Francis Ngannou.

The thrilling encounter unfolded with Joshua demonstrating his technical skill and power, overwhelming Ngannou with his calculated strikes.

From the outset, Joshua asserted his dominance, landing a formidable right hand in the opening round that set the tone for the match.

Despite Ngannou’s resilience, Joshua continued to press forward, maintaining control of the bout.

As the second round commenced, Joshua unleashed another powerful right hand that visibly rocked Ngannou.

Despite his efforts, Ngannou found himself on the canvas once more, unable to withstand Joshua’s onslaught.

The referee swiftly called an end to the contest, declaring Joshua the victor by knockout.

The electrifying showdown left fans in awe as Joshua’s precision and strength proved too much for Ngannou to handle.

Although Ngannou required medical attention post-fight, Joshua’s display of sportsmanship and skill highlighted his status as a formidable force in the world of boxing.

The victory solidifies Joshua’s position as a top heavyweight contender and sets the stage for future thrilling matchups in the world of combat sports.

Continue Reading

Sport Business

South Africa Clinches Africa Cup of Nations Bronze in Penalty Drama Against DR Congo

Published

on

In a riveting encounter at the Africa Cup of Nations (AFCON) third-place playoff, South Africa emerged victorious against the Democratic Republic of Congo (DR Congo) in a nail-biting penalty shootout to secure the bronze medal in the prestigious tournament.

The match, which ended in a goalless draw after regulation time, saw South African goalkeeper Ronwen Williams once again emerge as the hero, making crucial saves during the penalty shootout to propel his team to victory.

The DR Congo team displayed commendable resilience throughout the match, creating numerous goal-scoring opportunities and maintaining an attacking threat against the South African defense.

Ultimately, it was South Africa’s Siyanda Xulu who converted the decisive penalty kick, securing the win for Bafana Bafana.

The victory marked South Africa’s perfect record in third-place playoffs, having clinched a similar victory 24 years prior against Tunisia.

The bronze medal victory serves as a testament to South Africa’s resilience and determination in the face of formidable opposition.

As the tournament concludes, the thrilling encounter between South Africa and DR Congo will be remembered as a highlight of the 2024 AFCON edition, showcasing the passion and skill of African football on a grand stage.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending