UPDATE:London Nominees Ltd. Launch Football Fund
Wednesday, February 3, 2010 : Permalink
New York (HedgeCo.net) – The London Nominees Football Fund launched on Feb 1, 2010, with approximately $40 million in assets under management.
The investment panel includes ex international players, coaches and leading industry experts offering investment in clubs, players, related brands and franchises, at a low minimum investment. Up until now, the football industry has been highly specialized and is difficult for the average investor to participate in. The Football Fund has recently signed 2 key football figures, namely Carlos Alberto Torres, now Chairman of the Football Fund, and Bryan Robson, who is the ex-captain of Manchester United and is currently managing the Thai national team.
“I am thrilled to contribute my experience with Football teams and clubs to The Football Fund. Our team, while focused on business, is as much driven by the love of the sport as the goal of well-earned profit.” Torres said, “The Football Fund invests not only in hard assets that bear fruit, but also in new ideas, fresh endeavors, and in the next generation of Football’s growth and development.”
“Our Fund empowers clubs, academies, and businesses around the world to advance the sport, and to make the dreams of tomorrow’s players a reality. The Fund’s goal is to create value for your investment; its mission is to give each investor the opportunity to invest in the passion, the excitement, and the richness of the Beautiful Game.” Torres said.
Salaries for the top players are approaching $10 million while the transfer fees can touch $100 million and just the English Premier League 2010-2013 UK broadcasting rights are in the region of 1.9 billion Euros.
Alex Akesson
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