With the return of the Premier League, it’s difficult to escape football at the moment. Whether you’re football mad or a reluctant watcher, you might want to make the most of your football watching. Here’s how you can get paid to watch football – the dream for a lot of people.
It would be very easy to simply say ‘create a passive income stream’. But, that wouldn’t make an interesting or original post. Although, of course, I would recommend considering doing this if you haven’t already. It’s a great way to top up your income and can help protect you in a financial emergency or if you lose your job unexpectedly.
But for this post, I’ll run through some ways you can make money while watching football that are directly related to the sport.
- Can you make money watching football?
- Investing in football
- What about the footballers?
- Spotting popular products
- Don’t forget about the equipment
- Alternative ways to make money watching football
Any information in this post is not financial advice. Your investments can go up and down. Please seek regulated financial advice before making any big financial decisions.
Can you make money watching football?
Yes, you can make money watching football.
It’s not going to be quite as simple as just turning the TV on and seeing the money flow into your bank account, but it can be done.
Read on to find out how…
The ways you can make money while watching football in this post do not include gambling or matched betting. This is because they are not secure forms of income and can lead to significant debt and addiction issues.
Even alternative betting platforms – like Football Index – have gone wrong, with many people losing significant sums of money.
With investments, positive returns are not guaranteed, but you will be protected by regulators and have more control over your money.
Investing in football
Did you know that you can invest in football clubs themselves? You don’t have to be a billionaire to own (part) of a football club.
Top clubs like Manchester United, Juventus and Celtic are all listed on various stock exchanges.
Their share price performance has varied over the years, based on a range of factors including commercial deals, match performances and big signings. Like other investments, you can also receive dividend payments, which can boost your available funds.
However, not all clubs pay dividends. Celtic does not pay a dividend, but Manchester United does.
It may be fun to invest in your favourite football club, but it’s not necessarily the best financial decision. Over the years, many football clubs have found themselves in significant financial difficult and even larger teams are often propped up by very wealthy owners.
However, if you do your research, you might be able to find some good clubs to invest in, which will help you make money while watching football.
There are also some funds that have exposure to football teams. These can be a good option if you have a smaller portfolio and don’t want to commit too much of your money to football teams.
Of course, just like any share you consider buying, you should do your research before you commit. As always, it’s a good idea to make sure your portfolio is diversified to help manage risk.
What about the footballers?
With the rise of social media, footballers are essentially influencers now. Top players like Harry Kane (10.6 million), Raheem Sterling (7.8 million) and Marcus Rashford (10.2 million) have significant followings on Instagram (as of June 2021).
This means they can influence behaviour and have a big impact on which brands are popular. Doing a bit of social media stalking – which let’s face it, we all do anyway… – could help you identify what the next trends might be.
Spotting popular products
Advertising is a key part of any major competition. Brands pay millions to be featured in centre view and generally really benefit from that. This can be a great way to spot some good investments.
But, it’s important to keep a close eye on what’s going on. Advertising can backfire. Most recently, it did for Coca Cola. Cristiano Ronaldo removed two bottles of Coca Cola from view during a press conference.
This stunt knocked $3.8 billion of the company’s share price. However, the company is still valued at around $238 billion, so it’s not necessarily a bad investment!
Don’t forget about the kit
It may not be the most conventional investment, but some people invest in football shirts. Shirts signed by the team that wins a major tournament can be worth tens of thousands of pounds. Even unsigned shirts can be worth a few thousand, as long as they’re kept in good condition and are originals.
Even towels and shoes worn by the top players can be worth a lot of money in the future.
Make sure you get proof of authenticity and ownership if you go down this route. There’s always a lot of replicas of popular items, so don’t get caught out paying too much for a fake. They won’t have a good – if any – resale value either.
Alternative ways to make money watching football
If you have a strong social media presence you could use this to your advantage. Many brands sponsor influencers to promote their products while watching the football – you might also get some free products by doing this!
For those that live and breath football, a career change could be in order. This guy is 17 and gets paid to watch football all day, every day! He’s a scout and analyst for Dundee United. It’s his job to watch hours of footage from different leagues and spot potential talent.
Football enthusiasts could also consider setting up a blog or YouTube channel to discuss their favourite teams or players. You all talk about it enough as it is! This will be a significant amount of work. But, if you enjoy talking about football, it could be a really fun way to earn some extra cash.
If you enjoyed this post, please like and share it across social media or with your friends! I’d also love to hear your thoughts and experiences. Is there something I missed out? Do you have any tips on how to make money watching football?
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