Bank System Pioneers Football Credits Securitization in Italy

by 247sports
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Banca System Pioneers Football Securitization in Italy



Latest news, 25 June at 5pm


Banca System’s Innovative Move Strengthens Entertainment Finance

Banca System has made history by orchestrating Italy’s first-ever football credit securitization, marking a significant stride in the country’s sports financing landscape.

Operation Details: Purchasing Credits for €1.2 Billion

“In this transaction, Banca System served as the arranger and senior underwriter, structuring and coordinating an innovative securitization of credits originating from professional football clubs worldwide,” as per a release.

The securitization was facilitated through the establishment of a special-purpose vehicle, ElevenPoint Sports, which bought approximately €1.2 billion in credits stemming from footballer transfers, audiovisual rights, and relegation compensation.

Expanding Banca System’s Business Model

This securitization is part of Banca System’s expansion strategy in the non-traditional asset class segment, aligning with their Strategic Plan 2024-26 and representing their originate-to-share model.

Banca System’s Factor division will expand its international presence in the entertainment sector, bolstered by a strategic partnership with global investors specializing in sports and entertainment.

Focus on High-Potential Segments

Simone Russa, Structured Solutions of Banca System

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