CF Intercity Football Club IPO To Be Spain’s First Listed Club

CF Intercity Football Club IPO To Be Spain’s First Listed Club

A small Spanish team based on the Mediterranean coast, which counts former Atletico de Madrid player Juanfran as an investor, is set to become the country’s first listed soccer club.

In an extraordinary general meeting held late Monday, shareholders of CF Intercity unanimously backed the decision to list the club. The shares are expected to start trading by the end of June on the BME Growth, Spain’s stock exchange sub-market dedicated to small- and medium-sized companies.

Based in Sant Joan d’Alacant, 430 kilometers (267 miles) south-east to the…

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CF Intercity Football Club IPO To Be Spain's First Listed Club

 

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