Nicole Junkermann points to Italian volleyball as a model for scaling women’s sport in India
The league had the same players, the same clubs and the same sporting product it had always had. What changed was the infrastructure around it.
For Nicole Junkermann, founder of Gameday by NJF Holdings and the driving force behind LVF's commercial transformation, those numbers are not primarily a story about Italian volleyball. They're a template. And the market she thinks they apply to most directly is India.
"LVF had world-class athletes, genuine fan interest and a product that could stand up against anything in European sport. What it didn't have was the commercial and digital machinery to capture that value. The gap between what the league was worth and what it was earning was enormous. That gap is what we invested in. India has versions of that gap in almost every women's sport it plays."
What the transformation looked like
Gameday became LVF's largest shareholder under a ten-year partnership structure, establishing a joint venture, Spike Media, to manage the league's full rights package. It deployed a technology stack designed to turn passive fan attention into measurable commercial output: content automation reduced the cost and turnaround time of highlight production; a content distribution platform enabled the league to push footage and branded assets directly to clubs, athletes and sponsors; AI-powered analytics tracked how content travelled across the global social media landscape, giving sponsors precise data on what their investment generated.
The results arrived faster than the league's own targets. LVF had set a goal of reaching one billion views across the full season. It surpassed that figure during the regular season alone, months ahead of schedule.
The Coppa Italia Final 4 illustrated what that infrastructure makes possible in practice. The event drew more than 25,000 spectators, a record for a volleyball event in Italy, supported by 38 days of pre-event social content and six embedded content creators. It was built as entertainment, not just sport.
The Indian parallel
India's women's sport landscape shares the structural characteristics that defined LVF before Gameday's involvement: genuine sporting quality, real audience interest and commercial infrastructure that hasn't kept pace with either.
The Women's Premier League offered a glimpse of what price discovery looks like when it arrives quickly. The inaugural season's media rights valuation surprised most observers. Franchise prices followed. The entry window for low-cost exposure to Indian women's cricket closed faster than anyone expected.
Other women's sports are earlier on the same curve. Women's kabaddi, volleyball and football each have growing audiences, committed athletes and leagues that have not yet built the commercial infrastructure to monetise what they have. The sporting foundations are there. The gap between what these leagues are worth and what they're earning is, in several cases, as wide as LVF's was before 2024.
"The economic case for women's sport has never been a values argument. It's a pricing argument. You invest before price discovery has happened, before sponsorship rates catch up with audience size, before media rights reflect actual demand. In Italy, that window is closing. In India, across several sports, it's still open."
Why the model travels
The LVF transformation wasn't dependent on Italian volleyball having unique characteristics. It was dependent on a gap between product quality and commercial capture, and on the existence of an audience that was reachable through modern digital channels.
India's women's sport market has both. What it additionally has is scale that Italy can't match: the world's largest young population, mobile-first consumption as the overwhelming default and a creator economy of enormous reach.
New leagues in India also have a structural advantage that LVF didn't: they can be designed correctly from the outset. Mobile-first fan engagement, creator partnerships and direct-to-consumer access as the architecture from day one, rather than retrofitted onto legacy broadcast structures built for a different era.
The LVF numbers are a proof of concept. The question for India's women's sport is not whether the model works. It's which leagues move first.
About Gameday by NJF Holdings
Gameday by NJF Holdings is a sports investment and strategic platform founded by Nicole Junkermann. Focused on building long-term value across leagues, media and sports technology, its approach centres on structural growth, digital transformation and scalable fan ecosystems.
The platform is the largest shareholder in Italy's professional women's volleyball league, Lega Volley Femminile (LVF), where it is supporting league-level commercial and digital development. Gameday is also the creator of CayoTV, a next-generation sports media platform designed to expand access, engagement and modern distribution for live sport audiences.
For more information, visit gameday.team.
