River Plate look to raise $20m from fans to fund infrastructure
October 4 – Argentinian club River Plate have announced plans to raise $20 million through a public offering in a financial vehicle that will invest the money in the club, potentially introducing a new investment approach for Argentinian football clubs.
On Thursday, fans and investors were given the opportunity to invest in Club River Plate Financial Trust, an investment tool that allows organisations to obtain financing for specific projects.
The Argentine league holders are aiming to raise 20 billion pesos ($20 million) to fund a series of infrastructure projects set to be completed by 2026,
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