14 July 2020 - 9:29 AM


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Minority stakeholder in Dortmund, Lyon and Ajax: Earnings outlook for football clubs remains positive for the long-term despite impact of coronavirus

  • The coronavirus pandemic has contributed to the undervaluing of football clubs across Europe.
  • Luis García Álvarez oversees the MAPFRE AM Behavioral Fund, who in March acquired a stake in Dortmund thanks to their lower valuation, adding the club to a portfolio which also includes Lyon and Ajax.
  • As in other industries, those with strong management and a healthy balance sheet will come out on top after the crisis.
  • Generally, a psychological barrier is preventing investors from buying into football despite its huge potential for growth.

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