A NEW Innovative Finance ISA (IFISA) is set to launch that will allow tax-free investments in professional sports clubs.
Peer-to-peer platform Tifosy raises capital for clubs through the issue of equity or debt in the form of mini-bonds.
It was founded by chief executive Fausto Zanetton (pictured left) along with former Chelsea, Juventus and Italy footballer Gianluca Vialli (pictured right).
Tifosy recently received IFISA manager authorisation from HMRC.
“We can confirm we will be launching an IFISA product in the near future,” Mrinal Sinh Smith, marketing manager at Tifosy, told Peer2Peer Finance News.
“It will make our bonds available to investors with the addition of tax benefits.
“Investors will be able to use the IFISA to access any of our bonds that our ISA compliant and spread their investment between them.”
Tifosy says that its mini-bonds typically attract higher amounts of investment than its equity offering.
The P2P platform lists Premier League clubs Fulham and Crystal Palace, as well as Italian teams Parma and Frosinone, amongst its existing clients.
Read more: When is the best time to market an IFISA?