Frequently asked questions
Football Legends is a syndicate that offers an inside experience into Football so you can take your passion of the sport to the next level. Because FIFA does not allow Third party investment/ownership to the economic rights of football players, by way of Fractional shares we purchase the rights of profit that the players agents/representatives are entitled. Our goal is to give our clients more out of football and offer a real-life experience of “owning” you portfolio of football players.
Our goal is to enrich the football experience for each owner. In addition to having a direct equity percentage in the player’s representation, we offer regular updates on how your player is doing, training, matches and progress. On match days, you can gain access to private boxes through our lottery system. We will also occasionally offer merchandise, special media and premium events. Due to the international nature of our activities, it is possible that many of these perks will not be locally available or require significant international travel in order to fully benefit from these perks.
Representing players requires the management of human relationships. As agents, they have no verdict in the players decisions and are merely subject to advising them. Additionally, it is the players sole decision to engage and/or renew the relationship with an agent. No guarantees can ever be made about the outcome of purchasing a share in player’s representation contracts. Most players will not make it to professional or successful careers and will lose money, some break even, a few are successful, and a select few are extremely successful. The profits generated by representation contracts are directly related to the players success. We are here to provide a marketplace to get you closer to football in a safe, secure and fun way but we are not removing the risk from ownership over the representation of Football players.
When we first put players on the site, we will have an 'Express Interest' tab where you enter your email. Once we are ready to release the shares, the people who have 'Expressed Interest' will have the first chance to purchase. Each portfolio of players has a limited number of shares available.
Yes! The company where you invest (Special Purpose Vehicle) is a for-profit entity. If the player is ultimately successful you can expect to receive a dividend product of the fees generated by the agent due to transfer fees generated by the sale of a player and their salary. Of course, there’s no guarantee that the player will turn out to be profitable and in many cases players are not profitable.
No, there are no out of pocket expenses after your initial purchase. The price of a syndicate share includes a prepaid amount for the expenses that may arise. In order to ensure no further capital will be required the SPV will maintain sufficient reserves. In the event additional funds do need to be raised, Football Legends will have the option of issuing additional shares at whatever the market price is at that time. Existing Owners will have preference to buy first.