Photo Credit: Soccerex.com
Premier League soccer stars Raheem Sterling and Alex Oxlade-Chamberlain have invested more than UK£1 million (US$1.3 million) each in STATSports, a wearable teach and performance analysis company.
The England internationals have also joined STATSports as global ambassadors.
The company is best known for its Viper Pod GPS technology suite that tracks and transmits data on the user’s heart rate, distance covered, speed and fatigue for analysis by sports scientists and fitness staff to help improve performance.
Since being founded in 2008, STATSports has been used extensively in soccer – providing monitoring systems to European soccer giants such as Manchester United, Juventus and Paris Saint-Germain – but also in football, basketball and rugby.
The England internationals have also joined STATSports as global ambassadors.
The company is best known for its Viper Pod GPS technology suite that tracks and transmits data on the user’s heart rate, distance covered, speed and fatigue for analysis by sports scientists and fitness staff to help improve performance.
Since being founded in 2008, STATSports has been used extensively in soccer – providing monitoring systems to European soccer giants such as Manchester United, Juventus and Paris Saint-Germain – but also in football, basketball and rugby.
The tracking equipment and software firm also ventured into the consumer market in 2018, offering its GPS products, including the APEX Athlete Series, to the general public.
The Northern Island based company in now targeting the American market after announcing an all-encompassing partnership with the United States Soccer Federation (USSF) in March 2018, which also included the National Women’s Soccer League (NWSL).
Sterling and Oxlade-Chamberlain’s investment comes after a report from the Irish Times suggesting that STATSports could be heading for public trading with an initial public offering (IPO) of UK£1 billion (US$1.3 billion) by 2021. It is already valued at UK£200 million (US$260 million).
According to its Executive and Chief Global Strategist, Jarlath Quinn, the company has been profitable year on year without taking any previous investment since its launch.
Speaking after the announcement was made, Manchester City’s Raheem Sterling said: “I use STATSports technology every single day for both City and England and have done for years, so I know how valuable it is for getting the best out of me for the team. 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.”
Liverpool’s Alex Oxlade-Chamberlain also commented: “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.”
The Northern Island based company in now targeting the American market after announcing an all-encompassing partnership with the United States Soccer Federation (USSF) in March 2018, which also included the National Women’s Soccer League (NWSL).
Sterling and Oxlade-Chamberlain’s investment comes after a report from the Irish Times suggesting that STATSports could be heading for public trading with an initial public offering (IPO) of UK£1 billion (US$1.3 billion) by 2021. It is already valued at UK£200 million (US$260 million).
According to its Executive and Chief Global Strategist, Jarlath Quinn, the company has been profitable year on year without taking any previous investment since its launch.
Speaking after the announcement was made, Manchester City’s Raheem Sterling said: “I use STATSports technology every single day for both City and England and have done for years, so I know how valuable it is for getting the best out of me for the team. 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.”
Liverpool’s Alex Oxlade-Chamberlain also commented: “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.”
Source: Soccerex.com
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