On 1 February 2021, the FIVB announced the launch of Volleyball World, a new strategic partnership with CVC Capital Partners to develop the commercial rights of the sport globally.
Volleyball is the fourth most popular sport globally, with more than 800 million fans. Volleyball was the most watched sport at the 2016 Rio Olympic Games, with 2.6 billion viewer hours globally.
Volleyball World will become the commercial entity for the sport around the world with the goal of increasing the profile and popularity of the sport, through fresh investment. Volleyball World will be responsible for the commercial operation of key volleyball and beach volleyball international events, including: the World Championships, Olympic Qualifiers and the Volleyball Nations League. The partnership will focus on event hosting, fan experience, media, data / digital opportunities, and sponsorship to grow commercial revenues for reinvestment.
The PwC Switzerland Deals team supported the FIVB with financial and operational Vendor Assistance (VA) and SPA support during the commercial rights sales process.
