July 21, 2022
The subscription window for the Venezia FC Bond has closed. In just over three weeks, applications were made for over 5 million euros by retail and institutional investors located in more than 33 countries worldwide. The capital raised from the bond will fund the development of the club’s new training ground.
Investors will earn 7.5% interest annually and will be paid a one-off 15% bonus if the club are promoted to Serie A during the lifetime of the five-year bond.
“We are very pleased with the results from the issuance of the Venezia FC bond,” said Venezia FC president Duncan Niederauer. “The response from around the world has been very positive, and the support from investors positions us to complete the work that we have already begun to modernize our training facility.”