CONTENTS
DEFINITIONS 7
SUMMARY 9
RISK FACTORS 13
DESCRIPTION OF THE PROFESSIONAL FOOTBALL INDUSTRY 14
THE COMPANY - ORGANISATION AND ACTIVITIES 17
SUPERVISORY BOARD, BOARD OF DIRECTORS AND MANAGEMENT TEAM 25
SELECTION FIRST AND SECOND TEAM 27
RELATIONSHIP WITH THE ASSOCIATION 28
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND
RESULTS OF OPERATIONS 29
APPROPRIATION OF THE PROCEEDS OF THE OFFERING 36
DIVIDEND POLICY 37
DESCRIPTION OF SHARE CAPITAL, SHARES AND CORPORATE STRUCTURE 38
OTHER INFORMATION 43
TAXATION 45
UNDERWRITING AND SALE 48
PRO FORMA CONSOLIDATED FINANCIAL INFORMATION Fi
