SportBusiness.com

First Artist sets up JV

UK player agency First Artist and its Swiss-based subsidiary, FIMO Sport Promotion, have created a joint venture partnership with two European football management agencies.

Superfute of Portugal and Media Global Audiovisual of Spain will, in partnership with First Artist and FIMO, establish a joint venture company to be called International Profoot Services Group (IPS).

The agreement means that First Artist and FIMO will have the right to manage the interests and marketing of Superfute's or Media Global's portfolio of players should they join clubs within the UK and Italy respectively.

In rerturn, Superfute and Media Global will have the right to manage the interests of any of First Artist or FIMO's players who might play for football clubs within Spain or Portugal.

First Artist stated that IPS will actively explore the possibility of accessing other important footballing markets such as Germany as the opportunity arises.

The joint venture brings together a range of experienced FIFA agents including Jon and Phil Smith (First Artist), Zoran Stojadinovic and Angel Castell (Media Global), Vincenzo Morabito and Vinicio Fioranelli (FIMO) and Jose Veiga and Alejandro Pinto da Costa (Superfute).