Tifosy, UK Crowdfunding Platform Dedicated to Sport, Has Been Authorized by Consob

Consob has authorized Tifosy Italia SIM to provide the crowdfunding service, pursuant to the European Regulation.

Founded in 2015 in London by Fausto Zanetton, a specialist in the media, tech and sports sectors at Goldman Sachs and Morgan Stanley, and the late Gianluca Vialli, Tifosy is a sports crowdfunding platform authorised by the FCA, the British Consob.

Tifosy has an Italian past too

In 2018, before Brexit, thanks to his European passport, Tifosy had obtained registration in the Consob special register of equity crowdfunding platforms.

This had allowed it to place the 2.38 million minibond issued by Pescara Calcio in November 2018 and the 1.5 million minibond issued by Frosinone Calcio in February 2018.

Brexit first and the new European regulation on crowdfunding, however, had distanced Tifosy from Italy, which had otherwise continued to operate successfully in Great Britain.

The establishment of the SIM

However, in December 2021, Tifosy SIM had been authorized by Consob and Banca d’Italia , which had opened an office in Milan, led by executive vice president Marco Re, former CFO of Juventus.

The Milan office was also intended to serve as a European hub for investment services offered by Tifosy in other European countries.

Sport Lending Fund with Fasanara Capital

At the end of February 2023, Tifosy Capital & Advisory, the financial consultancy firm that manages the crowdfunding platform, teamed up with Fasanara Capital, an alternative asset manager, to launch a credit fund, called Sports Lending Fund .

The aim of the fund is to invest in sports credits and in particular to provide smaller football clubs with working capital support by capturing future revenue streams such as media rights, player transfers or ticket sales.

At its inception, the fund had already reached a soft closing at 250 million dollars against a hard cap of 500 million.

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(Featured image by Lawrence Chrismorie via Unsplash)

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