Football Club Investing 70% Spending Cap Strategy Explained

Trophy-tier PE football nets 6 percent IRR. Mid-tier nets 21. UEFA's permanent 70 percent squad-cost cap forces EBITDA at mid-tier clubs that never had it, re-rating the entire lower-multiple entry tier. The compliance mechanism creating that upside is also the leading hypothesis for why Hellas Verona was relegated seventeen months after acquisition. Read the full breakdown: https://open.substack.com/pub/navnoorbawa/p/12-private-equity-funds-are-chasing?r=2io3ue&utm_campaign=post-expanded-share&utm_medium=web #Finance #HedgeFunds #PortfolioManagement #RiskManagement

Added 20 Jun 2026