Key Points
- AFA and WIN Investments seal agreement allowing 28 top Argentine clubs to access direct financing through player tokenization.
- The platform has already attracted over 20,000 users from 25 countries, democratizing access to football player investments.
Groundbreaking Partnership Transforms Club Financing
The Argentine Football Association (AFA) has taken a significant step towards modernizing football finance by institutionalizing WIN Investments as a platform for club financing. This groundbreaking partnership allows 28 first-class clubs in Argentina to access direct financing through an innovative tokenization system.
WIN Investments, a fintech company, has developed a platform that enables football clubs to tokenize the rights over players they have trained. This system allows anyone to invest in these tokens for as little as $1200, providing clubs with much-needed funding to continue developing new talents.
Valentín Jaremtchuk, Co-founder and CEO of WIN Investments, emphasized the significance of this agreement: “This marks a before and after in the history of financing clubs across the country and access to the transfer market. The digitization of these rights through public offering of tokens allows clubs to raise money while democratizing access to the player transfer business.”
Blockchain Technology and the “Solidarity Mechanism“
The core of WIN Investments’ value proposition lies in its use of blockchain technology to digitize and fractionate the “solidarity mechanism.” This mechanism is one of two fundamental types of training rights established by FIFA in 2001 through its Regulation on the Statute and Transfer of Players.
By leveraging this technology, WIN Investments has created an ecosystem that benefits both clubs and investors. The platform currently features 96 tokenized players from 11 clubs across six countries: Argentina, Uruguay, Chile, Paraguay, Ecuador, and Venezuela.
Addressing Financial Challenges for Grassroots Clubs
According to AFA records, there are over 3,500 clubs distributed throughout Argentina, divided into 228 regional leagues. These institutions play a crucial role in training and supporting young players who often become stars in top-division teams and the national squad.
Financing difficulties are particularly acute for clubs in the interior of the country, many of which produce players who go on to succeed in the world’s best leagues. WIN Investments’ platform aims to alleviate these challenges by providing a new avenue for funding.
International Reach and Regulatory Compliance
WIN Investments has already attracted over 20,000 users from 25 different countries, highlighting the global appeal of this innovative investment model. To ensure investor confidence, the company has undergone a regulatory process overseen by the National Securities Commission of Spain. While the startup is based in the European country for regulatory purposes, its operational headquarters are in Buenos Aires.
The company’s board includes Gonzalo Busnadiego, Valentín Jaremtchuk, Agustina Román, Roberta Werthein, and Juan Riquero, bringing together a diverse range of expertise to drive this revolutionary approach to football financing.
As this partnership between AFA and WIN Investments takes root, it has the potential to reshape the landscape of football club financing, offering a more democratic and accessible model for both clubs and fans alike.
