LIBERO football finance AG / DE000A161N22
23.11.2023 - 08:30:08Successful completion of LIBERO football finance AG´s setup and a promising start to the 2024 winter transfer-window
| LIBERO football finance AG / Key word(s): Market Launch/Expansion Successful completion of LIBERO football finance AG´s setup and a promising start to the 2024 winter transfer-window 23.11.2023 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. Frankfurt, November 23th 2023 – LIBERO Football Finance AG announces that the measures for structural realignment, predominantly approved by the new shareholders in June 2023, are nearly completed. The company is thus ready to launch its core business, "Football Finance," in time for the January 2024 winter transfer-window and has already entered into negotiations with various football clubs from the five largest European leagues. The prefinancing of receivables from transfers and media rights constitutes the core business of the company, ensuring robust and sustainable growth. Several renowned banks have already opted for collaboration and signaled their willingness to provide facilities in the high double-digit million range. The demand for financing solutions is substantial: The FIFA, in its "International Transfer Snapshot," alone estimated the transfer volume for January 2024 at approximately USD 1.03 billion. "I am pleased that, following the completion of the realignment, the company can now be confidently handed over to a new CEO, as planned," comments Dominik Heer, CEO of LIBERO Football Finance AG. He adds, "I am also confident that, within the current year, we will be able to provide financial assistance to multiple clubs in the single-digit million range." About LIBERO football finance AG LIBERO football finance AG, listed on the regulated market of the Frankfurt Stock Exchange (ISIN: DE000A161N22), specializes in providing comprehensive support to football clubs in all financial and profitability matters. The company offers extensive consulting services covering all economic aspects of professional football clubs. Further information: libero-football-finance.com Contact LIBERO football finance AG Taunusanlage 9 - 10 60329 Frankfurt am Main Investor Relations info@libero-football-finance.com Disclaimer This communication may contain certain forward-looking statements, estimates, opinions, and forecasts regarding the future business situation, financial position, and results of LIBERO football finance AG ("forward-looking statements"). Forward-looking statements can be identified by terms such as "believe," "estimate," "anticipate," "expect," "intend," "will," or "shall," and their negation, and similar variations or comparable terminology. Forward-looking statements encompass all matters that are not based on historical facts. They are based on the current opinions, forecasts, and assumptions of the Board of LIBERO football finance AG and involve significant known and unknown risks and uncertainties. Therefore, actual results, performance, and events may substantially differ from those expressed or implied by the forward-looking statements. Forward-looking statements contained herein should not be understood as guarantees of future performance and results and are not necessarily reliable indicators of whether such results will be achieved or not. The forward-looking statements contained in this communication are valid only as of the date of this publication. We will not update the information, forward-looking statements, or conclusions contained in this communication, nor will we reflect subsequent events or circumstances or correct inaccuracies that may arise after the publication of this communication due to new information, future developments, or other circumstances. We assume no responsibility in any way for the occurrence of the forward-looking statements or assumptions contained herein. 23.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | LIBERO football finance AG |
| Taunusanlage 9-10 | |
| 60329 Frankfurt am Main | |
| Germany | |
| E-mail: | info@libero-football-finance.com |
| Internet: | www.libero-football-finance.com |
| ISIN: | DE000A161N22 |
| WKN: | A161N2 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart |
| EQS News ID: | 1779789 |
| End of News | EQS News Service |
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