10 Hrs
الاقتصادية
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الاقتصادية

2026-11-12T11:22:10.284Z

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Alibaba Drops on US Curbs

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9 Hrs2026-11-12T12:37:00.000Z
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Egypt Gold Prices Edge Up

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Fertiglobe's $944m profit

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Allianz lifts 2026 profit

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22 Hrs2026-11-11T23:19:00.000Z
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UK stocks gain 0.8%

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23 Hrs2026-11-11T22:27:00.000Z
UK stocks gain 0.8%
الاقتصادية

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Clubs Tap Token Finance

Clubs Tap Token Finance

Spanish football clubs are seeking alternatives to loans for financing. The company “Vestadium” is offering to issue digital tokens representing financial rights in projects such as stadium redevelopment, sports cities and academies—without necessarily granting ownership in a club or the right to take part in its management. The company is considering four projects seeking to raise €32.2 million, out of planned investments totalling €158 million. The advertised annual interest rates range from 8.1% to 9.5%, financing terms from two to four years, and the minimum amount per project is €500,000. The tokens do not guarantee profits or the return of capital, as repayment is tied to project revenues. Investors may also find it difficult to sell them before maturity or may lose their money.

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