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Appetite for European football increases as US lenders eye opportunities

Moix

PA Images | FC Barcelona's president Josef Bartomeu and vice-president Jordi Moix earlier this month secured financing for their €815 million Camp Nou redevelopment in the form of a 30-year plan with global investment bank Goldman Sachs.

MSD Capital's recent involvement with European football is symptomatic of a wider trend, according to financing intermediaries who believe US financiers are here to stay.

Despite the pandemic, hedge funds and private equity firms believe in clubs' long-term risk profile in part due to football's usually stable income flows.

League-led financing - such as in the case of the EFL or the LFP – is expected to expand in the coming months.

20 October 2020 - 2:49 PM

By Emil Gjerding Nielson and Mads Meisner

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