The World Snooker Championship recently concluded at the iconic Crucible Theatre in Sheffield, its home for nearly half a century. This year’s tournament was remarkable for its unprecedented global reach, drawing close to 200 million viewers as Zhao Xintong claimed his historic victory, becoming the first Chinese world champion in snooker. Such figures starkly contrast with estimated viewership of fewer than 5 million at the dawn of the 21st century, highlighting a significant surge in the sport’s popularity, particularly in Asia.

However, as the dust settles on this year’s championship, questions loom over the future of the Crucible as the event’s host. The existing agreement with the World Snooker Tour (WST) is set to expire, and reports suggest that the WST is eyeing larger venues, potentially in regions like Saudi Arabia or China, where substantial financial backing is readily available. This move underscores the increasing commercialisation of sports, where financial implications often dictate venue choices.

The global market for snooker is booming, driven primarily by a grassroots upsurge in China and the Middle East. These regions are not only filling large stadiums but are also offering escalating prize money. In stark contrast, the Crucible’s 980-seat capacity has remained unchanged for decades, along with the world champion’s prize of £500,000, which pales by modern sporting standards. As Barry Hearn, president of Matchroom Sport which manages snooker, has pointed out, the sport’s evolution is necessary to meet escalating global demands. Should Sheffield fail to modernise, the championship may need to explore international options, with potential hosts like Beijing and Riyadh being touted.

This migration of sporting events to countries where financial resources are more abundant mirrors trends across various sports industries. Cricket has shifted its heart to India, and Saudi Arabia has become a hub for boxing. Additionally, the exploration of alternative global golf tours demonstrates a broader shift in how international stakeholders view sports investment.

The implications of such shifts extend beyond just sports. The UK has witnessed a concerning trend of world-class companies, including ARM and DeepMind, being acquired by international parties, often with the long-term benefits of these firms proving elusive post-acquisition. Losing a flagship event like the World Snooker Championship would resonate deeply, akin to the regret following the sale of premier national assets.

Despite its smaller stature compared to giants like football and tennis, snooker has shown encouraging growth, particularly as it makes inroads into expanding markets in China, the Middle East, and potentially India. In capitalising on this momentum, investing in the Crucible and snooker in Sheffield could solidify its status as the sport’s epicentre while unlocking broader economic benefits akin to those seen with the transformation of Stratford following the 2012 London Olympics.

The disparity in public investment between Sheffield and other UK cities, such as Manchester or Westminster, is striking, with Sheffield receiving less than half the per capita support. This oversight carries potential economic repercussions. Notably, snooker has never benefited from public funding, raising questions about the government’s commitment to fostering growth outside London.

With the Chancellor’s Spending Review approaching, there lies an opportunity to reconsider these investment strategies. Supporting snooker in Sheffield not only anchors the sport but could also catalyse private investments in the region, generating substantial economic growth. Moreover, a focus on grassroots development is essential to nurturing emerging talent in the UK, contrasting with China, which boasts around 300,000 snooker clubs compared to just a few hundred in the UK.

The vision for Sheffield to become synonymous with snooker parallels the historical narrative of the city and steel in the previous century. As the sporting landscape continues to evolve, the potential for Sheffield and snooker to emerge as a powerhouse duo presents an enticing proposition. It is a testament to the notion that committed investment in local sports can yield significant returns, both economically and socially, elevating the UK’s global standing.

In the words of England’s memorable philosophers, Chas and Dave, it would be utterly “snooker loopy” not to seize this opportunity for growth, ensuring that the legacy of snooker continues to flourish in Sheffield for generations to come.


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Source: Noah Wire Services