Hedge Fund Seeks to Raise $500 Million to Invest in Football
- Fasanara and Tifosy team up to create new investment product
- The fund has struck deals with 10 clubs and is aiming for 30
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Football is continuing to find new ways to attract money, with a London-based hedge fund teaming up with a sports-focused investment bank to create a product that aims to profit from clubs trading players.
Fasanara Capital, which oversees $4 billion of assets, will work with boutique Tifosy Capital & Advisory to lend to clubs, targeting a maximum fund size of $500 million. Investors will be paid back from future income streams, such as player transfers or ticket sales.