Investment Portfolio
Advisory shares, direct stakes and player co-investment — managed with VC discipline.
The club as an investor — equity earned on the pitch, compounding off it.
Positions
click a row for the deal noteColumns: stake · cash invested · current mark · multiple. Advisory positions carry no cash cost — the equity is earned with visibility, pilots and referenceability.
Player co-investment: the SPV playbook
A single-purpose S.L. (or comparable entity) with one mandate: co-invest alongside the club in club-adjacent companies. One vehicle per vintage keeps the cap table clean.
An external gestoría/fund administrator keeps the register, collects contributions and produces statements — independence is what makes player money safe to take.
Shareholders' agreement + short subscription documents: contribution, share class, lock-up, exit waterfall, and what happens on transfer or contract end.
Every participant passes KYC/AML; contributions land in the vehicle's account against a numbered subscription reference — never informal transfers.
The cap table below is the model: every position carries its reference, timestamp and status. Quarterly statements to participants close the loop.
How a club converts pitch-side visibility, pilot deployments and referenceability into 1–5% advisory equity — deal templates, vesting and valuation guardrails.
Step-by-step: single-purpose S.L., external administrator, subscription documents, KYC, and a traceable cap table so players can safely invest alongside the club.
Position sizing, mark-to-model conservatism and exit hygiene for clubs holding minority stakes — think like a seed fund, report like a board.
Vehicle, commitment, share class, lock-up and exit waterfall for player co-investment — review with counsel.
The traceability model: participant, commitment, share, subscription reference, status.
North Sea Players I, S.L.
formed Jan 2026Player co-investment vehicle — invests alongside the club in club-adjacent companies.
Every position is traceable: subscription reference, timestamp and settlement status. Green dot = funds received; amber = subscription signed, transfer pending.