Iโm not a man, but I understand ๐ซฑ๐ฝโ๐ซฒ๐พ๐ซฑ๐ฝโ๐ซฒ๐พ๐ซฑ๐ฝโ๐ซฒ๐พ๐๐ฝ๐๐ฝ๐จ๐ป๐จ๐ป๐จ๐ป๐จ๐ป๐ฅ๐ฅ๐ฅ๐ฅ
this is such a cool story... Union St Gilloise is one the most financially innovative clubs in modern football ๐ฅ๐ฅ
two years ago the club did something revolutionary, they raised โฌ2.5m from fans at a 6% interest rate (crowd-lending)
fans could subscribe for as little as โฌ100 & within 90 minutes they were fully subscribed!!
the fascinating part? this loan was actually secured against Bayern Leverkrusen's payment for Victor Boniface (who moved to Union)
essentially, this was fan funding backed by player collateral to secure attractive yields (4D chess)
the club then paid back the full amount to fans
today the Belgian league winners enjoy record breaking profits & sign stars like Rele Mofokeng
@African_Spring Old helicopters that were grounded in 2014 collecting dust in the Police hangers... They were supposed to be sold long ago!
Oh and he didn't sell them, they were auctioned off to the highest bidder...