Pressdia Ad

Champions League ticket holders hand over phones as resale frenzy fuels profits of up to 1,700%

Champions League final ticket holders are reportedly giving up entire mobile phones to buyers as demand for match access reaches extraordinary levels, creating a booming secondary market where some sellers are making profits of more than 1,700% above face value, according to Bloomberg. The unusual practice has emerged because many UEFA tickets are now locked to official mobile ticketing apps, making transfers more restrictive.

Reports from fan forums and ticket resale communities show some sellers offering buyers temporary possession of the phones containing the official UEFA mobile tickets, with arrangements for the devices to be returned after matches. In several cases, Champions League final tickets originally purchased through official ballots have reportedly been resold for thousands of euros above their face value.

According to discussions among supporters and resale listings, Category 1 and Category 2 tickets have been offered at prices ranging from several thousand euros to well above €5,000, reflecting intense demand for Europe’s biggest club football event. UEFA has maintained restrictions on ticket transfers and resale activity, while clubs have previously imposed bans on supporters found profiting from unofficial ticket sales.

Industry observers say the phenomenon highlights the growing tension between digital ticket security and the lucrative secondary ticket market. Analysts note that while mobile-only ticketing has helped reduce some forms of fraud, it has also created new workarounds in high-demand events where fans are willing to pay substantial premiums for access to major sporting spectacles.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

African finance institutions mobilise local capital for ambitious plan to connect 300 million people to electricity

African development finance institutions are intensifying efforts to unlock African capital...

Morocco emerges as key pillar of China’s global green industrial strategy, Stimson Center says

Morocco is becoming an increasingly important part of China’s global green...

Nigeria accelerates CNG expansion with launch of high-capacity Abuja booster station

Nigeria’s push to expand compressed natural gas infrastructure received a major...

Former AfDB chief to lead Botswana diamond fund as country accelerates diversification drive

Akinwumi Adesina has been appointed chairperson of Botswana’s new Diamonds for...

MiniMax eyes China listing as AI race with DeepSeek intensifies

MiniMax is preparing for a domestic stock market listing in China...

US, UK and Australia deepen undersea security alliance with advanced drone programme

The United States, United Kingdom, and Australia have announced a new...

Handcrafted Beaded Luxury — Accessory-Ville

Accessory-Ville is a contemporary Ghanaian accessories brand founded by Edna Ansre,...

Elegance by the Coast — Sugar Beach Mauritius

Set along the pristine shores of Flic-en-Flac, Mauritius, Sugar Beach Mauritius...

MarkHack 5.0 to Spotlight Culture, Creativity and Human Experience in Nigeria’s AI Conversation

As artificial intelligence continues to reshape communication, media, business, and digital...

Related Posts

Nigeria accelerates CNG expansion with launch of high-capacity Abuja booster station

Nigeria’s push to expand compressed natural gas infrastructure received...

Former AfDB chief to lead Botswana diamond fund as country accelerates diversification drive

Akinwumi Adesina has been appointed chairperson of Botswana’s new...
Samuel Oluwamayomikun
Samuel Oluwamayomikun
Samuel Oluwamayomikun is the Editor in Chief and Lead Copywriter at Empire Magazine Africa, where he leads editorial direction and shapes compelling narratives across business, culture, leadership, and African excellence. With a sharp eye for storytelling and strategic communication, he oversees content development, brand voice, and high impact features that position individuals and organisations with clarity and influence. His work sits at the intersection of journalism, brand storytelling, and editorial strategy, ensuring every piece published aligns with Empire Magazine Africa’s standard of depth, credibility, and cultural relevance

LEAVE A REPLY

Please enter your comment!
Please enter your name here