EA Sports Loses Almost a Billion Dollar. How?2 min read

[dropcap]E[/dropcap]A sports lost $820 million? It’s true folks. Like it or not, it is absolutely true, and there is no way to change it. But what really happened? How did EA sports lose so much money?

The news was surprising for everyone. In fact, it almost dropped like a bombshell. What happened is that the company lost the rights to Juventus. Because of an exclusive deal between Konami and Juventus, EA sports suffered this massive loss.

So, What’s The Big Deal Here?

If you are not a huge football fan, then you may ask this question to yourself.   A lot of people do care about these things, especially gamers. Juventus,  an Italian football club, is one of the most popular football clubs in the world.

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One of the many reasons behind its popularity is the fact that Christiano Ronaldo plays in this club.  Losing Juventus means losing Ronaldo too. Needless to say that Juventus stadium will not feature in FIFA2020. It’s a big blow for the company.

A Brilliant Move

Regardless of what you have to say about the whole incident, it’s a brilliant move from Konami. You just have to admit it even if you don’t like the company.

The CEO of the company was quite happy with the new. Can you really blame the guy?

“Our partnership with Juventus FC, one of the most prestigious clubs is proof of our commitment to eFootball in PES 2020.”

said Hideki Hayakawa, the CEO of Konami.

In September 2019, PES 20 will come out, and it is going to be the only game where Juventus F.C. will be available.

Is This The Beginning Of The End For EA Sports?

No, not by a long shot. Even though it’s a big set back for the company, years of their good work will not vanish within a day or two. However, as EA sports lost $820 million,  the company will take some time to recover. Furthermore, it will be a huge opportunity for Konami.

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