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.