Chelsea Football Club just paid an English-record £107 million for the young Argentine superstar, Enzo Fernandez.
Fernandez’s performance in the recent Football World Cup earned him the enviable title of best young player of the tournament, so it makes sense that his skills are in demand.
However, what’s truly startling is the increase in his player value in such a short amount of time. In August 2022, Fernandez was bought by Benfica, a Portuguese club, for £10 million. A 10x return in less than half a year is better than the wildest of Venture Capital returns.
When football player and tech valuations converge, ROI is just the first part of the puzzle. The validation of that value comes next in the form of goals and free cash flow, respectively.