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Transfer funding agreement paid off in full by Swindon Town majority shareholder
26.06.24, 16:14 4 Min Read
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by Sam MorsheadEditor
Axis Sports Investments – a company used to do business on behalf of Swindon Town – has paid off a transfer funding loan in full.
Records published on Companies House show that ASI, of which Morfuni is the sole director, borrowed money in March 2023, using a leasehold property in London as collateral.
This sort of agreement is not unusual in football, and often allows clubs to access full transfer funds up front when the actual fee from another club is only received in instalments.
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