Monday, August 30, 2010

Football investment opportunity on steps of 2014 Cup host city - ADDED INFO

An established and well-regarded football training centre in the north-east of Brazil is currently seeking outside investors, presenting a potential opportunity for relevant Australian groups looking to gain a foothold in the country or align with Brazilian football ahead of the 2014 World Cup.

*** Please check Industry Capability Network´s Work Packages page for additional details

Located less than 50km from Fortaleza, the coastal capital of the state of CearĂ¡ and one of the 12 host cities for the 2014 Cup, the ´North-East Sport Training Centre´, or CETEN as it is known, offers a range of infrastructure spread over eight hectares including a small stadium of 2,500 capacity, three other official football fields, an administrative centre, gym, physiotherapy room, plus leisure facilities and accommodation for up to 120 athletes.

The centre has already been utilised by some of Brazil´s top football clubs including Palmeiras, Gremio and recent Copa Libertadores champion Internacional, and is also being supported by a string of sponsors. An important focus is attracting foreign groups interested in training in the facility and learning about Brazilian football techniques.

The key opportunities involve direct investment in the centre, with the owners, high profile businessmen Angelo Oliva, Fernando Oliva and Sergio Mantese, offering up to 49% for around US$2.8 million. The minimum 10% stake is just under US$600k.

Further details are available upon request.