Deutsche Bank grows in football financing with our support
Northridge has worked with Deutsche Bank on the launch of its football receivables financing practice. With Northridge’s assistance, Deutsche Bank has quickly become a key player in this market, financing a number of high profile player transfers since the start of the summer 2019 transfer window.
Receivables financing involves a company (in this case a football club) selling or borrowing against a future income stream to realise this future income immediately.
The growth of receivables financing, in particular in relation to future receivables due under transfer agreements, has been a key trend and growth area in European football and Northridge has worked both lender and club side (such as a number of transactions for Ligue 1 club Lille) in advising on these transactions.