On May 28, Spain, Ireland, and Norway made headlines by officially recognizing the State of Palestine. This decision came despite Israel’s strong objections and amidst ongoing tensions in Gaza. Spain’s Prime Minister, Pedro Sánchez, voiced that recognizing Palestine supports a peaceful future where it coexists with Israel. Spain acknowledges Gaza, the West Bank, and East […]
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Soaring Revenues in Brazilian Soccer
In 2023, Brazilian soccer achieved a record with marketing revenues reaching R$1.4 billion ($275 million), marking a 22% increase from the prior year. Amidst rising sponsorships, licensing, and merchandise sales, the top 20 clubs’ revenues grew 55% over five years, showing resilience against economic fluctuations. Marketing revenues accounted for a significant portion of the clubs’ […]
