A clear, simple and transparent process
How it works
Creating a Tifosy account is easy. You can do this from the Sign Up button at the top of the page, or as part of reviewing or subscribing to an investment opportunity.
View investment opportunity
Read the key facts of each investment opportunity. Once you have setup your account and completed certification, you can also download the offering documents.
Certification is an important step, and one required by the Financial Conduct Authority. You must complete self-certification to ensure you are set up with the right profile before you can read documents and invest.
Review offering documents
Once you are certified you can read and download the offering documents. It is extremely important that you read these in full before making any investment.
24 hour cooling-off period
If this is your first investment via Tifosy, the Financial Conduct Authority require you to serve a 24 hour cooling-off period. Tifosy will notify you via email when this has been completed.
Complete appropriateness test
After you’ve entered the amount you would like to invest, you will be asked to complete an Appropriateness Test. This will test your understanding of investments of this nature.
Complete the investment process
Finish making your investment application by providing your personal details, selecting your payment method, and deciding how you want interest or dividends to be paid.
After completing regulatory checks, Tifosy will contact you to let you know the outcome of your application. If successful, Tifosy will also issue your Bond or Share certificate. You can check on your investments on your profile.
For queries relating to the investment process you can contact Tifosy at any point, by one of the following ways. Please remember though, Tifosy is not able to provide investment advice and may only assist with general queries or technical matters.
In line with our values, Tifosy performs due diligence on the Clubs that it works with to ensure that fans and investors are given the opportunity to invest in professional sports in a fair and transparent way.
Tifosy works alongside Club management throughout the transaction process, ensuring that the Club addresses the concerns and issues that may be relevant to an investor in its documentation. By helping the Club to clearly identify and address critical risk and success factors in this way, Tifosy aims to ensure that investors are provided with an understanding of all relevant issues so that informed investment decisions can be made.
What is Due Diligence?
The due diligence performed by Tifosy varies depending on the transaction but generally covers:
- Background Review
- Corporate Review
- Financial Review
- Litigation Review
- Fact Review
Tifosy conducts background checks on the Club and its directors including personal credit and bankruptcy checks, director’s disqualification checks, previous company checks and accreditation checks;
Tifosy reviews the corporate data and legal structure of the Club and carries out a number of key checks;
Tifosy reviews the Club’s audited accounts and directors’ reports for the last three financial years;
Tifosy obtains a statement that the Club is not party to any material litigation and that it is not aware of any threatened material litigation; and
Tifosy reviews statements and claims made in the Club’s investment documents and promotional materials to ensure they are fair, clear and not misleading.
In addition, every Club that raises capital on Tifosy is required to provide investors with:
- Historical Financials
- Risk Factors
- A Balanced Impression
information related to the historical financial performance and position of the Club;
information related to the key risks associated with the Club, its industry and its securities; and
information which shows a true and fair view of the state of affairs of the Club and its short and long term prospects.
Whilst Tifosy does provide Clubs with guidance on appropriate interest rates and/or valuations, it is the Club’s decision to price their investment offer and ultimately investors then decide if they are willing to invest at that price.
Tifosy believes it carries out due diligence to a suitable level however, due to the diversity of Clubs that raise finance on Tifosy’s platform, Tifosy cannot cover all situations and is required to use certain assumptions, including the following: (i) that all information provided to it by the Club and its directors is true and accurate; (ii) that no material information has been withheld by the Club and its directors; and (iii) that the Club has the capacity, power and authority to exercise its rights and perform its obligations in relation to the transaction.
Prospective investors should be aware that Tifosy does not endorse any of the Clubs raising finance on its platform and does not provide investment advice of any description. Tifosy strongly encourages all investors to undertake their own research and if there is uncertainty, to receive independent advice before investing.
- means Tifosy Limited, a private limited company authorised and regulated by the Financial Conduct Authority in the United Kingdom (ref no: 717605); and
- means a professional sports club issuing debt or equity securities through its operating company or a special purpose vehicle.