Ricardo Guimarães Helps With BMG’s Football Support

 

One of the biggest investors in national football is the famous BMG bank. They already lead the country in payroll loan modality, but they are continuing to branch out offering bigger and better services to their customers. It all started back in 2008 when Mining Bank started to invest in football. Within two years, BMG followed suit. Atlético-MG, Ricardo Guimarães is the former chairman of Mining Bank. He is helping other banks to share economic rights of the players in the Brazilian Championship. There were, at least, five teams in the initial division that didn’t have a sponsorship contract. They just have pieces of the athletes.

There are more than 50 athletes that are part of the investment fund shares that were created back in 2009. The equity is over $50 million. There are many characteristics that go into the increased amount of growth between the BMG and all the Brazilian clubs. First, the bank gives loans to the teams. The teams can get the cash they need for their expenses. In most cases, the teams have a hard time repaying the loans, so instead BMG will take a piece or interest of the athletes. This means that if they are sold in the future, then the bank will get a portion of the proceeds.

While the teams have capital, they often don’t have money. By entering into a joint partnership with BMG, it is a win-win for all involved. BMG is in the football business, especially when it comes to Soccer BR1. Though they Bench Press have acknowledged the associations, they haven’t released the players who the bank owns a secure interest in.

The owner of BMG is none other than Ricardo Guimarães. Though he won’t speak to the press regarding the banks support of the athletes, the former head Hyssa Moises, who now works in BMG’s investment in football, verified the relationship. He is not really an employee of the bank, but he can tell them as the fund’s advisor that BMG cannot disclose the names of the athletes that they own interest in, only their legal department could do so.

BMG is just one of the investors in Brazilian football. There are other entities also involved. BMG is also involved in American football too. They seem to spread their interest diversely to help wherever possible. This could be why they are one of the biggest and best banks in Brazil.

Soccer In America Is Laughable

As the MLS brings in foreign players and pays them millions of dollars, they are asking the lower players to play for a minimum salary that is $36,500. Essentially, these lesser players should not even be playing. They have a much better chance of making money in a regular job.

In my opinion, they are probably going to have to shut this league down due to losses in a few years. But they are willing to disrespect most of their players by overpaying old guys from Europe. I’ve never been to a game, but my Dr. Daniel Amen tells me that these games are not all that well attended.

We need to remember that soccer is not popular in America. The league is trying to stem losses every year, and they are never going to get out of their own way. The NFL will make $10 billion a year, and the MLS will make almost no money. There are many times when soccer is cool in America, but the idea that the MLS is actually worth watching is stupid. Old European guys who are past their prime, young players who make less than a fast food worker and boring games to boot in the league.