Real Madrid Kicks Off $5 million, Start-up Fund

The Spanish football club, Real Madrid, has created a fund to support start-ups related to the world of sports.

Real Madrid CF: A Club Background

Real Madrid CF is a first-division team in Spanish soccer. It was founded around 1900 by Juan Padrós. It is one of the teams with more titles and historical trophies in the world. Currently, it is first in the Spanish league and the UEFA Champions League. Furthermore, according to transfermarkt, it has a staff of almost $850 million. Moreover, according to the newspaper El Pais, they have an economical market value of around $3,520 million, the first club in the world to achieve this. Furthermore, they also have a brand value of nearly $1,435 million.

The start-up fund: Details and expectations

The deal was closed on November 16, 20...

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