Comparison with the competition, page-20

I don't think a company that does not have full transparency and integrity is going to survive over the long term. When you look at the "$1 Bil pound deal", the hiring of so called 237 staff over next 3 years (oh, actually 92 places are already in place, so another 237-92 = 145 more actually?), the fact they were sued by Catapult in 2015 to enforce Catapult's intellectual property, new jobs will pay combined salaries of 7mil pounds, means average of $7M/237 = $30k GBP per job? Are they hiring graduates on average then? Oh, and then in the InvestNI website, it says 5.5m of that which will create 26 R&D roles. And then, it goes on to say it's 211 jobs in Newry, oh, it's not 237 now? So, maybe 237-211 = 26 roles are actually not in Newry? Oh, maybe by coincidence all the 26 R&D roles are not in Newry, right? Maybe we can spread the $7M minus $5.5M = $1.5M pounds to be spread across 211 roles yea? That will make it an average of $7109 GBP/role yea? Then, it's InvestNI investing $4M, instead of the $7M, so Alan and Sean are going to cough up the other $3M? Woww...didn't know they are that rich!


So, which is which? One would be in total confusion trying to analyse Statsports in terms of organisation, financing and plans. Or maybe they are not as good as they claimed to be. Maybe it's time to open their books..





"I am delighted to support the announcement of 211 new jobs in Newry, which will generate over £7 million annually in additional salaries. STATSports is an award winning tech business which has a fast-growing reach across the world and an outstanding reputation as a leading pioneer of cutting-edge sport technology."

“It is fantastic to see a significant R&D investment of £5.5m which will also create 26 R&D roles.for the business. This is brilliant news for Newry and Northern Ireland as a whole. Once again, local businesses are making a huge impact on a global scale, with exceptional talent and world-class innovation.’

"Invest NI has offered STATSports almost £4million towards its investments in job creation, R&D and staff training. Recruitment is well underway in Newry with 92 of the new roles already in place. The jobs include a range of roles in HR, Sports Science, Sales, R&D, Finance and marketing."



https://www.irishtimes.com/business...-tech-firm-signs-1bn-us-soccer-deal-1.3444407

https://www.siliconrepublic.com/jobs/statsports-newry

https://www.investni.com/news/globa...rts-to-create-over-200-new-jobs-in-newry.html