Two stars from English Premier League have made an investment of £1 million into a technology firm called STATSports. This firm is based on Newry.
Alex Oxlade-Chamberlin and Raheem Sterling have taken up the responsibilities of international ambassadors of this company of sports analytics. In addition to that, both of these individuals are also the outside investors of this firm. STATSports not only has clients from soccer but also other major sports like Basketball, Rugby and GAA etc.
These two are not the only athletes as a number of other athletes from other sports and leagues who have taken part in this project. The total investment on this project stands at around £200 million which is based on the contribution of different athletes.
Raheem Sterling made a statement about the potential of this company by predicting that this company has all the abilities to be a billion dollars company. Sterling plays for Manchester City and has played a vital role for the team’s success this year.
“STATSports has already made a big name for itself in the elite game but it’s clear to me that there is huge potential for the technology and that is why I’ve invested.” Sterling said.
Chamberlin believes that the company can become a household name for sports and fitness wearables.
“Knowing the guys at STATSports, I am super excited for where this will go, the sky is the limit,” Chamberlin said
“I have chosen STATSports above all potential investments. It’s a brand and product I have known and trusted for the last 10 years of my footballing career. Working with STATSports at Southampton, Arsenal, Liverpool and with England I know this is the best product on the market by far.” He added.
Alex Oxelade-Chamberlin plays for Liverpool in English Premier League as his team is eyeing for their first title win in decades.
Jarlath Quinn, who is the executive as well as the chief global strategist at STATSports termed this investment to be “Monumental landmark” for the future of this company.
“The fact our first set of investors include top players such as Alex and Raheem, who know better than anyone the importance of our technology, is a ringing endorsement of our plans to cement our position in the B2B (business-to-business) market whilst growing the huge B2C (business-to-consumer) opportunity.” Jarlath said.
“The company has been profitable year on year without taking any investment since inception in 2009. What is even more remarkable is for a technology company to achieve global market leader status whilst being bootstrapped,” he added.