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Europe's top soccer teams turn to US bond market for funding

Such bonds are the most recent "esoteric" securities being sold in US securitisation markets

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European soccer teams are turning to the US bond market for funding that could help them buy and trade more players.

New York

EUROPEAN soccer teams are turning to the US bond market for funding that could help them buy and trade more players.

London-based XXIII Capital sold last week US$73 million of bonds backed by media-rights payments and player-transfer fees from clubs in Europe's largest

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