Whether you are a die-hard fan or a casual spectator, sports have the power to captivate its fans more than several other activities. From the agony of defeat to the thrill of victory, there’s something about the drama and excitement of the competition that keeps us coming back for more.
Sports is entertaining, driving a sense of community and providing a temporary escape from real life stressors. It also teaches us valuable lessons about life – teamwork, dedication, perseverance and how to manage successes and failures.
There are different sides to sports generally, but our focus is on its entertainment value.
Below are some of the reasons why we get such a kick from sports.
- When your favourite team is playing, you are not just watching a game, you are invested in its outcome. You root for your team, cheering them when they score and groaning in disappointment when they make mistakes. It’s an emotional rollercoaster, and that’s part of what makes it so much fun.
- Sports have a way of bringing people together. Whether you’re mingling with others at a local sporting event or watching the live matches on the screen with friends, there’s a sense of camaraderie that comes with being a sports fan. You’re all in it together, sharing in the highs and lows of your team’s performance.
- Let’s not forget about the sportsmen and women themselves. Watching them perform at their highest level is truly awe-inspiring. From the grace displayed by athletes on the track, to the raw power of football players, there’s something truly special about seeing people push themselves to their limits and achieve greatness.
With forecasts suggesting that the global sports market size will grow from $486.6 billion in 2022 to $512.1 billion in 2023, sports can now be regarded as one of the biggest and fastest-growing entertainment platforms in the world.
Just last year, the Qatari government spent a whopping $300 billion to host the first-ever World Cup played in the Arab nation and FIFA estimated that 3.575 billion people watched all the matches and over 1 billion tuned in for the final match.
The Qatar event, apart from the football, showcased music and culture from different parts of the world with brilliant performances from Nigerian top artists sharing the stage with many other globally acclaimed artistes.
FirstBank is a big fan of sports and through its First@sports initiative, the Bank has sponsored the Georgian Cup of the Kaduna Polo Tournament which is reputed as the longest standing sports sponsorship association in the world. Our sports partnership also embraces other sports like football, athletics, basketball, golf, etc.
Whether you are watching sports from the stands or from the comfort of your own couch, our payment solutions ensure that you are never disconnected from enjoying your favourite shows when you make your bill payments through any of our alternative channels. Visit www.firstbanknigeria.com to experience a new world of banking.
References:
https://www.globenewswire.com/news-release/2023/04/04/2641027/0/en/The-Sports-Industry-s-Worth-Is-Expected-To-Reach-623-Billion-By-2027-At-An-Annual-Rate-Of-5-As-Per-The-Business-Research-Company-s-Sports-Global-Market-Report-2023.html#:~:text=LONDON%2C%20April%2004%2C%202023%20(,)%20of%20more%20than%205%25. www.firstbanknigeria.com Ladybird Limited
