Soccer Invest Fund
Encyclopedia
Soccer Invest Fund is a Portuguese association football private investment fund, the second Portugese football fund after Benfica Stars Fund
relaunched the industry. It managed by MNF Gestão de Activos - S.G.F.I.M., S.A.. It was reported that João Frederico Lino de Castro, member of Sporting CP Board of the General Assembly, is one of the administrator of the fund., which himself a administrator of MNF Capital and MNF Gestão de Activos (literally MNF Asset Management)
The fund started the operation in May 2011, at first 14,500 units of the shares were issued to investor and the startup capital of the fund was €1,450,000. The fund was planned to issue 100,000 units and scheduled to end the subscription period on 13 January 2013 (2 years after obtained the permit).
The fund made its first transaction in July, acquired João Moutinho
's 37.5% rights, Ukra
and André Castro
15% rights, made that month debt increased to €5,044,910.5 (the debt included payable for management fee, thus the acquire cost was less than €5,044,910.5), but in late July (announced on 3 August) Moutinho's 22.5% rights was sold back to Porto for €4 million, the fund also adjusted the fair value of its 15% rights of Moutinho to €2.66million (4million divided by 22.5% times 15%) and combined with the asset value of the two Porto youngster, made the fund net asset increased to €3,662,533.25 at the end of July (from €1,439,498.31 in June and that month issued unit had €1,450,000 nominal value)
.
In August the fund issued more units to 15,700, and also acquired 25% rights of Jorge Fucile
and 11% of Juan Manuel Iturbe
form other investor, which Porto only owned 60% rights of Iturbe as of May 2011. In September the units increased to 21,200.
MNF Gestão de Activos director António Aranha declared that the fund would buy players from Portugal and rest of the world and did not dedicated to one club.
Benfica Stars Fund
Benfica Stars Fund is a football investment fund. It was set up by "ESAF – Espírito Santo Fundos de Investimento Mobiliário S.A." in 2009. At first the fund had 8,000,000 unit with €5 each.-History:...
relaunched the industry. It managed by MNF Gestão de Activos - S.G.F.I.M., S.A.. It was reported that João Frederico Lino de Castro, member of Sporting CP Board of the General Assembly, is one of the administrator of the fund., which himself a administrator of MNF Capital and MNF Gestão de Activos (literally MNF Asset Management)
The fund started the operation in May 2011, at first 14,500 units of the shares were issued to investor and the startup capital of the fund was €1,450,000. The fund was planned to issue 100,000 units and scheduled to end the subscription period on 13 January 2013 (2 years after obtained the permit).
The fund made its first transaction in July, acquired João Moutinho
João Moutinho
João Filipe Iria Santos Moutinho is a Portuguese footballer who plays for F.C. Porto, also being a Portuguese international.Mainly a central midfielder, he can also operate as a holding or attacking midfielder, and on either flank.-Sporting:...
's 37.5% rights, Ukra
André Monteiro
André Filipe Alves Monteiro , aka Ukra, is a Portuguese footballer who plays for S.C. Braga on loan from F.C. Porto, mainly as a forward.-Club career:...
and André Castro
André Castro
André Castro Pereira , known as Castro, is a Portuguese footballer who plays for Sporting de Gijón on loan from F.C. Porto, as a central midfielder.-Club career:...
15% rights, made that month debt increased to €5,044,910.5 (the debt included payable for management fee, thus the acquire cost was less than €5,044,910.5), but in late July (announced on 3 August) Moutinho's 22.5% rights was sold back to Porto for €4 million, the fund also adjusted the fair value of its 15% rights of Moutinho to €2.66million (4million divided by 22.5% times 15%) and combined with the asset value of the two Porto youngster, made the fund net asset increased to €3,662,533.25 at the end of July (from €1,439,498.31 in June and that month issued unit had €1,450,000 nominal value)
.
In August the fund issued more units to 15,700, and also acquired 25% rights of Jorge Fucile
Jorge Fucile
Jorge Ciro Fucile Perdomo is an Uruguayan footballer who plays for F.C. Porto in Portugal.A defender, he is equally at ease on the right or left flank.-Club career:...
and 11% of Juan Manuel Iturbe
Juan Manuel Iturbe
Juan Manuel Iturbe Arévalos is an Argentine footballer who currently plays for FC Porto. Son of Paraguayan parents and born in Argentina, Iturbe was eligible to represent either Paraguay or Argentina, having played at youth levels for both. He has recently declared his will to play for Argentina...
form other investor, which Porto only owned 60% rights of Iturbe as of May 2011. In September the units increased to 21,200.
MNF Gestão de Activos director António Aranha declared that the fund would buy players from Portugal and rest of the world and did not dedicated to one club.
Investments
| Date | Players | Nationality | Percentage | Price | Acquire from | Departed date | Departed team | Departed price (adj.) |
|---|---|---|---|---|---|---|---|---|
| ca. July 2011 | Portugal | 22.5% | Undisclosed | "Mamers BV" (or Fernando Duarte Rodrigues Cordeiro) |
 Portugal Porto |
€4M | ||
| ca. July 2011 | Portugal | 15% | Undisclosed | "Mamers BV" | current asset | |||
| ca. July 2011 | Portugal | 15% | €0.3M | ? | current asset | |||
| ca. July 2011 | Portugal | 15% | €0.3M | ? | current asset | |||
| ca. August 2011 | Uruguay | 25% | €0.55M | ? | current asset | |||
| ca. August 2011 | Argentina | 11% | €727,941.17 | ? | current asset |