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TLA celebrates a triple win on the PGA Tour

26 Mar 2014 07:00

RNS Number : 1868D
TLA Worldwide PLC
26 March 2014
 



26 March 2014

 

 

TLA Worldwide plc

("TLA" or "the Group")

 

TLA celebrates a triple win on the PGA Tour

TLA Worldwide plc (AIM: TLA), a leading athlete representation and sports marketing business, is pleased to announce three consecutive golf tournament wins on the PGA TOUR this month by leading players on its roster of clients.

 

The World Golf Championships (6th - 9th March 2014) was won by Patrick Reed, followed by John Senden who clinched the Valspar Championship (13th - 16th March 2014). Matt Every brought up the hat trick last week with victory in the Arnold Palmer Invitational (20th - 23rd March 2014).

 

TLA acts as the sports agent for all three winners, representing them exclusively in contracts for brand endorsements, sports marketing, appearances and all other promotional activities. In return, it derives a share from their sports marketing income and bonus payments based on their on-field success.

 

Commenting, Michael Principe, Chief Executive Officer of TLA Worldwide plc, said: "This is the first time ever that a sports practice of our size has seen its golfers win three PGA tournaments in a row. We are delighted with their success. As the global golf industry continues to grow in terms of media and marketing revenue, we expect their earnings power to increase significantly as they become even more sought after by leading brands who want to associate their products with golf."

 

Patrick Reed is associated with brands such as NetJets and Callaway Golf while John Senden and Matt Every are involved with Geico and Lynly Insurance respectively, as well as other brands.

 

As a result of the trio's wins, TLA will now have five golfers competing in the prestigious MASTERS, the other two clients being Jim Furyk and John Huh.

 

 

 

Enquiries:

 

TLA Worldwide

Michael Principe, Chief Executive Officer

+1 212 645 2141

Numis Securities

Nick Westlake (Nomad)

+44 20 7260 1000

David Poutney (Broker)

Luther Pendragon

Neil Thapar, Alexis Gore, Amelia Bullock-Muir

+44 20 7618 9100

 

 

About TLA Worldwide

 

TLA Worldwide is a leading athlete representation and sports marketing group quoted on London's AIM. The Group derives revenues from long term agency relationships with many prominent US and international sports stars, broadcasters and media personalities associated with major sports including American Football, baseball, basketball and golf. In addition, it also provides a range of services in respect of media consultancy, sports sponsorship and event production to many sportspeople and corporate clients. A significant proportion of TLA Worldwide's business emanates from baseball where it is a recognised leader, having negotiated over $3bn of contracts over the past 10 years. With over 55 full-time personnel, TLA Worldwide serves its clients through three operating subsidiaries from 10 locations worldwide including its principal offices in London, UK; New York and Newport Beach, USA; and Melbourne, Australia. For more information, please visit www.tlaww-plc.com.

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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