Sunday, September 10, 2006

Super agent revealed £100m fund

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Super agent Pini Zahavi has revealed he's involved in a £100m transfer fund designed to acquire control of the best emerging players in the world.

Zahavi says the fund is being set up by City of London investors.
"The fund is not quite complete, but we're aiming to raise around £100m in order to buy shares in players," Zahavi told the Sunday Mirror newspaper.
"They've asked me to find the players and act as advisor to the fund. The plan is absolutely legal."
Zahavi added: "We will look mainly for young players who develop and eventually play at the highest level.
"Some players will stay at their clubs and some will move.
"Already around 80% of players in South America are partly owned by investors as well as the clubs they play for."
Zahavi is the agent who organised Rio Ferdinand's transfers to Leeds United and
Manchester United.