Eurasia Review – Dubai’s United Investment Bank has launched the region’s first alternative investment soccer fund modelled on similar controversial European funds amid rising fan opposition in Turkey, Spain and Portugal to hedge funds making bets in football player markets.
The Royal Football Fund, which is hoping to raise $200 million from investors, will focus on acquiring the economic rights of young players in Latin American, African and European countries with a track record in developing talent in a bid to offer investors an alternative investment strategy in soccer.
