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Doyen Sports


Doyen Sports Investments Limited, better known as Doyen Sports, is a private equity fund specializing in financial speculation, advising, and managing careers of players and coaches in association football. Doyen Sports is particularly active in financing the third-party ownership of the contracts of professional footballers. From 2011 to 2016, Doyen invested €170 million in association football.

Doyen Sports is a Malta-based subsidiary of the hedge fund Doyen Group. Doyen Sports was founded in 2011 and has worked with South American and European football clubs and players. Its thirty London office employees manage scouting and marketing for the firm.

Doyen Sports is a subsidiary of the Doyen Group, a British holding company and hedge fund based in Istanbul. The holding company is active in the economic sectors of raw materials, chemicals, hotels and construction.

Prior to 2008, the Doyen Group operated in emerging markets in Africa and Latin America, as well as in Turkey and the Middle East, the CIS and Asian countries with interests in the extraction of metals, minerals and fossil fuels (natural gas and products). As a joint venture partner with NUCAP Ltd, the Doyen Group is active in the energy, fertilizer and uranium sectors. According to Football Leaks documents, Doyen Sports founder Nélio Freire Lucas owns 20% of the Doyen Group subsidiary Doyen Natural Resources through shell corporations in tax havens. Lucas negotiated mining deals in Brazil, Sierra Leone and Angola.

Starting in 2008, the Doyen Group began investing in professional football via a sports investment subsidiary, quickly becoming a benchmark in the field of sports investment and speculation funds. When buying players, the group brings money to the buyer club, which they consider to be an investment in the economic rights of players. In exchange, the group receives a part of the compensation when it is resold, via an agreement that if no transfer is made, allows the group to recover its investment. Nélio Lucas describes this process as "Third Party Investment" or TPI (as opposed to the TPO). In three years, from 2011 to 2014, Doyen brought "80 million euros in this type of operation, mainly in Europe". A


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