Bell Plans to Cut US Roaming Rates by 50% Starting Sept. 17

by Gary Ng on Monday, September 16th, 2013 – 8:58am PDT

http://globalnews.ca/news/842645/bell-drops-u-s-roaming-rate-for-customers/

Bell announced that they will be reducing the rates on its US roaming plans by 50%, as what the company says is its continued focus on “lowering costs for customers” who use their phones outside of Canada.

Every year 18 million Canadians enter the US and annually spend an estimated $800 million in roaming fees, charged by carriers who have network agreements in place with local US carriers. By decreasing its rate by 50% as we can see from p1 to p2, there is a significant change in the quantity demanded for the service from q1 to q1. Therefore, we can say that the demand for roaming services is relatively elastic. This shows that Bell is making the right choice of decreasing its costs by 50% to increase demand and therefore, decreasing its costs and increasing its revenues in the long run from the consumers. This would give the consumer more satisfaction as well as they are now paying half the price that they would before. In this situation Bell is implementing the right policy/method at the right time, allowing both the consumers and producers to benefit from the change.

Cristiano Ronaldo shirt sales ‘have already paid off £80m’

http://www.marca.com/2013/03/09/en/football/real_madrid/1362823886.html

Sunday 03/09/2013

Real Madrid have said shirt sales featuring the name and number of world record signing Cristiano Ronaldo have already surpassed the initial £80 million it took to sign him from Manchester United.

Cristiano Ronaldo Real Madrid shirt sales have surpassed his £80m transfer fee

Cristiano Ronaldo’s switch from the Premier League to La Liga broke all records for a single player transfer when Real splashed out the single fee of £80m, without clauses or additional payments in the summer of 2009. However, the Spanish club have claimed sales of branded shirts and other ‘Ronaldo memorabilia’ have already seen them recoup a substantial amount of the 27-year-old’s transfer fee.

According to the latest figures, more than 3 million shirts with ‘Ronaldo 7′ on the back have been sold in the Spanish capital alone, with millions more thought to have been bought up elsewhere around Spain and across the world. The income of around £100 million has not all gone towards paying back the outlay for the player’s services due to production and marketing costs and payments to kit manufacturer Adidas and Ronaldo himself. But experts are predicting throughout the player’s six-year contract he will more than make up for his market value in merchandising alone, regardless of his performances on the pitch. Past Real Madrid shirt sales have been boosted by marquee signings such as Zinedine Zidane, David Beckham, and Luis Figo, although Ronaldo marketability is said to outweigh all of his predecessors.

http://www.goal.com/en-india/news/2175/la-liga/2010/04/14/1878552/real-madrid-have-sold-over-a-million-cristiano-ronaldo

Man United announce record revenue

September 18, 2013

By Richard Jolly
http://espnfc.com/news/story/_/id/1556501/manchester-united-announce-record-revenue?cc=5901

The Premier League champions had a total of £363.2 million in revenue, an increase of £42 million from the previous year, and profits of £146.4 million, a 528% rise on their previous year, when they made £23 million. As a Manchester United fan, I was extremely happy to hear about this as Manchester United were being pressured in the financial side of things, as they are heavily in debt (500+ million) and struggling to compete with other established and up and coming wealthy teams in the transfer market. Throughout the years Manchester United were falling behind in terms of quality of players but still could manage to win the Premier League be quite a margin due to their legendary manager Sir Alex Ferguson, who is now retired.

Vice-chairman Ed Woodward said: “Our commercial business continues to be a very powerful engine of growth enabling the team to continue to be successful. We won our 20th English League title last season and are delighted to have David Moyes lead our football team into a new and exciting chapter. We look forward to a successful 2013-14, both on and off the pitch.”

Now, due to the market strategies and sales in shirts and merchandise, position they finished in the league and in the champions league. They were able to break the record of revenue received in a fiscal year. Now with more funds readily available for the new manager, David Moyes. Manchester United will continue to be one of the big powerhouses when it comes to making transactions in the transfer market and hopefully attract football stars with great reputation.

http://www.football365.com/news/21554/8927981/United-Make-Massive-Amounts-Of-Dosh