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