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Richard Gillis

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Posts by Richard Gillis

Reading Convenience Store Woman while loafing in Japan

I read Convenience Store Woman while touring Japan, as it was the most obvious thing for a lazy pseudo intellectual to do (touring Japan suggests this was more than a holiday, which it wasn't. At least I didn't say 'travelling in Japan', like a gap year student, we can at least give me that).

Keiko is the woman in the title, she's 36, single and has worked in a 7-11 ish type shop in Tokyo for her adult life. The question the book asks is a good one: what is normal? Keiko's oddness - single, a permanent rather than temporary shop worker - disarms her friends and family. They want to put her in a box that's a familiar shape: marriage, children, career. She doesn't fit these boxes. There's a shift in the book when she invites the herbivore man from work to cohabit in her tiny flat. She does this not for any affection toward him but to change her identity as viewed by others. She is now able to be 'projected upon' as more normal, more like them. Less other. By living with someone she's more easily understood. Not actually understood, but enough to fit in to a recognisable story others want to have of her.

'Now everything about the new me was clear, even my future. They seemed to have the story wrapped up between them. It felt like they were talking about a total stranger. This single piece of information unlocked the door to their world, I was for the first time, part of their circle. Until now they'd seen me as an outsider.'

Her friends and family don't really need or want her to be happy, they want or need her to be legible. 'they didn't care about me, but the shape I was supposed to make. I was a piece in a pattern that didn't fit, and it was the pattern they were trying to fix, not me.

If we want to get theoretical, Durkheim has thought long and hard about this, defining deviance as 'not by harm but by its challenge to social consensus'. There is a hidden curriculum of social life, where norms act to maintain collective solidarity. These are not taught explicitly but are enforced rigorously.

AI is the new betting, which was the new tobacco

A story is building that AI is the next era defining sponsorship category.

The dream scenario for the sports sector is that this is true.

It has the characteristics required.

Undifferentiated brands backed by vast sums of OPM.

So, forward five years.

Two thirds of Premier League shirts carry AI brands.

Cue rumbling from legislators about the dangers of AI to children and mental health.

I'd model a ban by 2035.

By which time any societal harm inflicted will be baked in. The money will be in the sports 'ecosystem' and the next big category will emerge. It's a circle of life thing. Cue Lion King gif.

Should BBC do Adidas PR?

It was the shoe what won it.

Just to be clear, the following copy is taken from a BBC Sport news story, not an Adidas press release:

What shoe did Sawe, Kejelcha and Assefa wear? All three athletes wore Adidas' Adizero Adios Pro Evo 3. The shoe was launched on 25 April, just two days before the world's best took to the streets of London. 
It is the third iteration of a hugely popular shoe. Adidas worked with Sawe, Kejelcha and Assefa over the last three years to produce this version of the trainer.
In Sawe's case, it helped him break Kiptum's London course record of 2:01:25 by nearly two minutes. Sawe thanked Adidas for making what he said were best shoes he had worn, particularly highlighting how "very light" and stable they are.
Tigst Assefa holds up a running shoe
Image caption,
What makes the Pro Evo 3 different? At 99 grams, the trainer is the first 'super shoe' to weigh under 100g. That's lighter than a medium-sized apple, a banana or a bar of soap. In recent years, major improvements in marathon times have been made thanks to the introduction of carbon-plated midsoles. But the Pro Evo 3 instead uses carbon technology - rather than a plate - that wraps around the midsole, helping to maintain running economy and to reduce overall weight. 
"At that level, every detail really matters - we were measuring things down to the nearest nanogram," Adidas' VP of running, Patrick Nava, said of the design process. "It was a long process, but it's led to something we believe genuinely changes what a race-day shoe can feel like." For the casual runner taking advantage of the technology comes at a financial cost though. While a limited amount were available this week, a wider release is expected later this year when the shoes will retail at ÂŁ450.

Enter a liberal's pro-BBC caveat: The BBC is the key broadcast rights holder of the London Marathon, and it's fantastic at it. A wonderful celebration of humanity that fits perfectly with the national broadcaster.

But it is the wrong time to do a deep dive on Adidas shoes that won the race and broke the two-minute record, the two-hour marathon record.

BBC news shouldn't be a cheerleader, it should be a news outlet.

When in doubt, blame the Americans

See previous post: What's the difference between ESPN and the NFL?

Forget MCOs, MAGs are the next problem

Why does private equity want to be a football agent?

That was a question posed by Daniel Geey on Other People's Money, our sports finance podcast series.

Jonathan Booker has written an interesting set of newsletters on this topic.

Good point here:

What is notable, and what warrants serious attention, is the scale at which this has now occurred in the world of football/soccer agency. For example, the mergers and/or acquisitions that saw American giant CAA bring together the UK behemoths Base and Stellar under the CAA ‘umbrella’, each of which were already individually amongst the most significant agency operations in European (if not world) football, represents arguably the biggest concentration of football agency influence seen in the sport to date. Others, including the likes of USG, Roc Nation and WMG, have pursued similar expansion through varying combinations of merger, acquisition and collaborations, each at their own scale and through their own commercial logic. The regulatory framework governing the football agency market has not so much failed to address this, but as with so many aspects associated with football agency, has struggled to keep pace with the speed and complexity of commercial developments it was not originally conceived to anticipate.
Such concerns regarding MAGs become considerably more acute when agency consolidation of this kind intersects with a separate but related development in the football ‘industry’: the existence of direct shared business interests, and in some reported cases interrelated shareholdings, between prominent agency operations and football club ownership groups.

Read the whole thing here:

Multi-Agency Groups in Football
When Consolidation Becomes a Conflict. (3/3)

Betting, Gen Z, porn and women's cricket

A semi-regular threadđŸ§”on the podcast relates to why some sports and properties are popular as betting sports, and what happens if a rights holder purposely seeks to frame their sport to the gambling marketplace.

The follow on from this is how investors and private equity groups are very interested in this question. I find myself over using George Pyne as a case study, citing his enthusiasm for TGL, the screen golf series, as a betting platform.

From here, the conversation can jump quickly to the hypothetical of turning women's sport in to a 'betting sport'.

So I'm really interested in this great bit of journalism from Play the Game:

You have to read this. Really! Offshore betting companies with porn links are targeting women’s cricket❗ A new investigation by Steve Menary and Jack Kerr for Play the Game reveals that gambling
 | Stanis Elsborg
You have to read this. Really! Offshore betting companies with porn links are targeting women’s cricket❗ A new investigation by Steve Menary and Jack Kerr for Play the Game reveals that gambling operators linked to pornographic content access live data from women’s cricket 🔎 The investigation also exposes risks of match-fixing, player harassment, and the spread of betting markets into unofficial competitions. Catherine Ordway, PhD, an Australian lawyer, academic, and integrity consultant, says the convergence of unregulated gambling, live betting, women’s sport, and operators linked to pornography creates a perfect storm of integrity vulnerabilities. 💬“If betting operators also have associations with pornography and adult entertainment, legal or otherwise, it is not only going to undermine efforts to position women’s sport as safe, inclusive, and community centred, but it potentially exposes players – especially younger or lower paid women – to predatory approaches.” Also valuable insights from Steven Richardson and Aahna Mehrotra! Read the full investigation (link in the comments) 👇

Nikola raises another betting angle below, this time re Gen Z's appetite.

This touches on one of the UP Rules: Fan Engagement is a euphemism for betting.

Nikola Vuković, CFA (@nikolavukovic)
Sport has moved from gamification to gamblefication. It is no coincidence that millennials and gen-z are the generation of shitcoins, meme stocks, leveraged options trading and prediction markets. The worse off you perceive your circumstances to be, the more likely you are to gamble. For most, creating wealth has become a game of taking big shots with long odds, hoping to get lucky.