Intercity CF: from the Stock Market to the dream of the First Division

Manchester Utd, Juventus, Rome, Borussia Dortmund, Olympic Lyon, ajax, Porto Y Benfica are some of the best in the best European League listed in bag. In Spain no one from the elite steps on the parquet. is Intercity CF from Alicante which made history on October 29, 2021, four years after its founding, thus adding a new milestone to its lightning growth: six years of existence with four promotions. With constant volatility during its 14 months on the Stock Market, shares have rallied since the cupbearer crossed the boat closing the year at 0.42 euros per title a month before it reached a low of 0.09, its value fell in 2022 by 86% despite its promotion to First RFEF in May. A far cry from his first sessions at Growth of BMEh. smaller than Continuous Marketwhich amounts to 2.20 euros per share after starting at 1.20.

Is he Intercity CF an outlier but ambitious case. A group of investors led by Salvador Martiwho continues as president, and look at javier they entered the GCD Sant Joanfounded on 1929which they have completely changed since the first Region of the Valencian Community. Marti Y sight They were founders before a facial recognition company (FacePhi) and opened the door to small and large investors. About 1,100 shareholders, almost all minorities, make up its shareholding mass. The society Alpha Blue Ocean he withdrew with a capital increase of 4.5 million. 1.2 ‘kilo’ also came from a crowdfunding campaign on the platform Fellow Funders never stopping attracting investors like Perfecto Palacio (Director of Metromedia Inversiones), David Devesa (CEO of Devesa Calvo and director of Facephi), Daniel Morata (CEO and founder of Nuovvo), Francisco Domene (co-owner and CEO of Domti), Miguel Angel Durá (CEO of Lazarus Management) and Peter Fernandez Y Sergio Vega (co-founders of Forest Chemical).

The organization chart responds to the company-club duality. Palacio left his position as vice president and director in June, although he continues as a shareholder. The former mattress player Juanfran TorresEurocopa-2012 champion and born in Crevillenteis the sports vice president and majority shareholder and assumes almost all command in the professionalization of the club with a board of directors located above the president in an organization chart completed by a general director, a general secretary, legal advice and, that at the same level, the management of sports in charge of Jorge Lopezformer Valencia and Villarreal, women’s football, Administration, Marketing and Commercial and Institutional Relations.

With a grassroots football school in San Juan de Alicante, the Intercity group also has a subsidiary in the Second RFEF, basketball section (Lucentum Alicante), indoor football (CF Crevillente) and even beach soccer in the Mediterranean League with the challenge of reaching 3,000 members between soccer and basketball.

Currently in 16th place in Primera RFEF group 2 and one point from relegation, its president, Salvador Marti, commented that “volatility will continue as long as the club is not consolidated” stressing that the stock market promotes “financial transparency and a catapult for shareholders and fans to another dimension”. The project is yet to turn a profit with losses of more than five ‘kilo’ in the 2021-22 financial year. Last campaign, in Second RFEF, the turnover is 395,413 euros with 257,512 from sponsors and merchandising, 88,113 from tickets and TV rights and 49,788 from partners. The cost reached 4.9 million with 1.7 for salary. However, the goal is written in the strategy that leads its website: promotion to the First Division. Now they will play on Rico Perez but they want to grow up here Antonio Solana (4,000 spectators) with sports city, although it will initially pay 150,000 euros to Bonalba Golf Clubnew sponsor of the club, to build a training ground there first

Piqué took the place with Andorra

The Intercity CF He already had a place to participate in the Third Division in 2019-20 when he entered the bid in the summer of 2019 to take the vacant place in group III of the Second Division B due to the loss of Reus Sports. The Alicante club deposited 400,000 euros as a deposit to qualify for the position, although the RFEF finally awarded it to Andorra. Zamora also bid but the effort of Gerard Pique they were successful and the RFEF overcame the territorial standard of belonging to Andorra, which had been in the Second Division A since this campaign, in the Catalan Federation.