Geography Influences Demand More Than It Seems

There is usually interest in clubs at three levels of geography: local, national, and to some extent, international. But in most cases, activity and engagement are highest at the local level.

At the local level, engagement with fans is usually steady and consistent. However, digital data indicates that local digital engagement is not always scaled in line with local population size and attendance. This does not mean there is a lack of interest, but rather that digital platforms are not always leveraged to their fullest potential in reinforcing existing relationships.

At the national level, there is usually steady but diffused interest. Beyond the local level, visibility is less about legacy and more about how well the club is defined and visible on the internet. Outcomes of matches and media coverage will still have an influence on awareness, but this is usually fleeting unless reinforced by digital activity.

At the international level, interest is usually focused on a small set of well-known clubs. However, there is some mid-level brand evidence of interest from abroad, usually in the form of search or social activity. In most cases, this interest is latent rather than developed.

Brand Level and Digital Maturity

Digital performance seems to correlate more with brand maturity than league level.

Some clubs are established international brands, where the digital strategy is to refine rather than extend. Others are national-level clubs, where there is scope for improvement in terms of reach and consistency across regions. Many clubs are local, with strong local roots but little presence outside their core market.

The problem often arises when there is a mismatch between ambition and brand position. Clubs may overestimate their level of recognition, leading to a failure to capitalize on the opportunity to build a strong foundation at a local or national level.

Incremental Growth, Not Transformation

In the industry, the majority of identified digital opportunities are incremental rather than transformative. Local discoverability can help with attendance and merchandise sales. National visibility can improve commercial talks. International activity can test demand with little risk.

These are usually cumulative in nature. Small increments in multiple areas may not be easily seen, but they usually add up to more stable performance.

From an investment point of view, this type of growth is easier to evaluate and is less contingent on external factors such as performance on the field.

A Practical Perspective

Instead of wondering how much a club can grow, it is often more helpful to consider where its current online presence does not accurately represent existing interest.

Often, the opportunity is not in rethinking the brand, but in better aligning online activity with geographical reality. Such alignment can facilitate commercial aims without necessitating a corresponding shift in brand identity or ambition.

Closing Note

Football clubs often have well-defined physical territories but loosely defined digital ones. Aligning the two is typically a gradual process rather than a single event.

Geography continues to be a useful way of thinking about where interest is coming from and how it can be better supported. For both clubs and investors, clarity around these boundaries helps set realistic expectations for online growth.