Hedge Funds Eye More Transfer Fees as FIFA Ban Approaches
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Hedge funds are trying to hold on to a piece of soccer’s $4 billion player transfer market even as the sport’s governing body prepares to shut them out.
Skarbiec TFI SA raised 6 million zloty ($1.6 million) to invest in the transfer policy of Poland’s Legia Warsaw, according to Maciej Podgorski, a director for strategy at the Warsaw-based asset manager. Meanwhile, London-based advisory firm Football Finance Group has proposed a model on its website where lenders would receive a bonus payment based on the size of a club’s future transfer-fee income.