The Citizen (Gauteng)

Bruges are set to list public shares

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Paris – Belgian soccer club Bruges (Club Brugge NV) is planning to list its shares on the Brussels stock market, the club said yesterday.

The club has filed its “intention to float” – which signals the launch of the public offering process

– and intends to list an undisclose­d percentage of the company on the Euronext Brussels exchange.

Soccer financing has attracted plenty of investor interest recently, with private equity firms keen to invest in sports leagues and clubs who are battling with revenue losses due to Covid-19 restrictio­ns.

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