Advertisement

The 2026 World Cup and the Reshaping of Football as a Global Strategic Asset

A World Cup is not just a moment when the entire world turns its attention to football. It's a demonstration of how sports have become a global, sophisticated, and highly competitive industry. 'Tribuna livre' is an opinion space in A BOLA open to external contributors, this one by Sérgio Duarte, CEO of Brands Capital Sports
Advertisement

Today, a World Cup is far more than just a sporting event. It's a global showcase that influences player and club valuations, sparks investor interest, accelerates internationalization processes, and reshapes the economic landscape of sports.

Advertisement

The 2026 FIFA World Cup, the first co-hosted by three nations (the United States, Canada, and Mexico) and the largest ever with 48 teams and 104 matches, is well underway. With it, all the trends that have been redefining football as a global industry are being confirmed.

The beautiful game has evolved beyond being solely driven by fan passion and local community pride. It has unreservedly embraced its role as one of the world's most dynamic, lucrative, and attractive industries, where clubs are increasingly viewed as high-yield strategic assets.

The economic scale of this World Cup perfectly illustrates this transformation. FIFA's revenues are projected to be between $11 billion and $14 billion, boosted by television rights, global sponsorships, and hospitality programs. In the host countries, the economic impact is expected to exceed $9 billion, benefiting sectors such as tourism, hospitality, transport, and retail. However, the most significant effect extends beyond the pitch, with football's growing capacity to attract private, corporate, and institutional capital.

The World Cup acts as a powerful accelerator of visibility. For players, a strong performance can lead to an immediate increase in their transfer market value. Young talents who arrived at the tournament virtually unknown suddenly find themselves on the radar of top European clubs. Historically, post-World Cup periods are marked by significant investments, driven not only by sporting performance but also by the commercial potential associated with athletes' images.

Advertisement

However, while players are the most high-profile assets, clubs are the true vehicles for long-term value creation. The increased global exposure of football has transformed how investors view these organizations. Clubs are no longer seen as local, membership-based institutions but are evaluated as global entertainment platforms, content producers, digital community aggregators, and brand holders with international reach.

In this equation, there's an often-underestimated asset: the fan. The fan base represents much more than just ticket sales, memberships, or merchandise. It generates sports tourism, stimulates local consumption, sustains digital communities, and creates monetization opportunities that extend far beyond match day.

Passion for a club is, in itself, a strategic resource of immense value. It fuels loyal audiences, strengthens brands, and creates emotional connections that no marketing campaign can replicate. For many investors, a global, loyal, and engaged community is worth more than the figures reflected in a financial balance sheet.

This profound paradigm shift explains the massive influx of institutional capital, private equity funds, sovereign wealth funds, and large family offices into the share capital of football clubs, particularly in Europe and, increasingly, in North America. The Multi-Club Ownership (MCO) model—where a single investment group holds stakes in several clubs across different countries and continents—is living proof of this strictly corporate approach, aiming to build global networks of influence and monetize fan communities on a planetary scale.

The strategic objective is clear: to create synergies in scouting young talent, share commercial and technological resources, and capitalize on the combined fan bases of each club to build an unparalleled global presence. In this model, a fan of a club in Lisbon can become a consumer of content, products, and experiences associated with a partner club in New York, São Paulo, or Tokyo, multiplying the network's value.

Advertisement

In this context, qualified intermediation of investment opportunities has become a key piece on the modern football chessboard. In Portugal, pioneering initiatives are emerging that seek to structure and democratize access to this market, which has historically been opaque and restricted to a closed circle of intermediaries. Specialized platforms for the valuation, intermediation, purchase, and sale of clubs and SADs (football limited companies) are filling a critical void, connecting qualified investors with concrete and validated opportunities.

One of the most telling signs of this maturation is the creation of the first national ranking for valuing Liga Portugal's SADs, based on a rigorous financial algorithm that not only analyzes accounting balance sheets but also recognizes the player squad and the potential of the fan base as determining factors in a club's overall valuation. This methodology is conceptually decisive and differentiating. A club's value isn't solely determined by its fixed assets or ticket revenues; it's primarily about the talent on the pitch, the size and loyalty of its passionate community, and the potential added value that community represents for any investor with a long-term strategic vision.

In summary, a World Cup is not just a moment when the entire world turns its attention to football. It's a demonstration of how sports have become a global, sophisticated, and highly competitive industry. In an era where public attention is a scarce resource, clubs and their fans assert themselves as the primary value generators of this ecosystem. When the final whistle blows in 2026, the sporting competition will have ended. The battle for economic value, global influence, and the ability to attract investment will only continue to gain momentum.

Advertisement
Loading discussion…

Signing in with Google...