Posted November 15, 2018 06:06:04 Mega Capital funding and the MIDLAND FED has secured the naming rights to the Midlands Football Fund in a new deal that could bring together the country’s two biggest football-mad cities.
The funds will be the third of its kind in the UK, following the Midlander Football Fund, which was launched by Liverpool in 2011, and the Midlands Football Fund.
It has raised nearly £4.5 million from more than 30 investors.
It has been dubbed the “world’s biggest soccer football fund” by Forbes, and has attracted over $1 billion in capital to date, and is funded by private and public money, including over $3.8 million from the Midlands Sport Fund.
The fund will be named the Midlanders Football Fund after the two cities with the most money in their accounts are Midland and Derby.
Its aim is to help Midlands clubs to “continue to grow and develop the grassroots game, and to continue to build an exciting and competitive football culture”.
The Midlands FA chairman, Ian Glynn, said: “We are delighted to be bringing the Midles Football Fund to the Midlands.
It will be a great asset for the region.”
The Midland Premier League will be part of the fund and will also play host to the 2018/19 and 2019/20 FA Cup, as well as to the first and second divisions of the League Two.
“The Midlands Football Foundation has been working closely with Midland FA for some time to bring its ambitions for the Midlands into the spotlight, and we are excited to have the MidLifes Football Fund on board to help grow the game across the region,” Glynn added.