Finance: European clubs form a securitisation fund worth €66.7m

News Tank Football - Paris - News #61633 - Published on
©  XXIII Capital Limited
©  XXIII Capital Limited

Clubs of the five major European championships (Barclays Premier League, Liga BBVA, Bundesliga, Serie A TIM and Ligue 1) as well as the Liga NOS have formed a mutual securitisation fund -- also known as asset-backed securities (ABS) -- from their receivables, which have then been sold as bonds to US investors for $72.99m (€66.7m), according to...

©  XXIII Capital Limited
©  XXIII Capital Limited

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