Global Fan Exchange is a platform for fans to invest and ultimately trade securities tied to a portion of athletes and teams’ income streams. We have approached our marketplace from both a player and fan perspective and invented a methodology that we believe has the potential to benefit all participants.
Athletes are offered an innovative financing solution while building a loyal group of brand ambassadors who have a vested interest in their professional career. Fans are offered the opportunity to engage with athletes in an entirely new way, receive dividends, and eventually trade with other fans. The future of sports trading is here.
Horizon is a leading fintech company offering a complete one-stop shop for securities trading and compliance technology.
Horizon Sports X provides securities issuance, KYC/AML onboarding and dividend payment services for the athletes and investors alike.
Ryan McNeil, GFX’s newly appointed CEO, earned All-American honors at the University of Miami and is a former All-Pro defensive back who played eleven seasons in the NFL.
During his NFL career, Ryan founded the Professional Business & Financial Network, an organization designed to provide professional athletes with the fundamental tools they need to succeed in business. In addition, he also published OverTime Magazine (OT) The business and lifestyle guide for professional sports. Ryan currently is the Founder and CEO of SportsID, Inc. a new sports technology company focused on lessoning the fragmentation of the sports ecosystem while increasing the efficiency through data, analytics and statistics.
Ray is a former American football player and the former general manager of the Cleveland Browns. Ray played free safety at Duke University and was all-Atlantic Coast Conference (ACC) twice. He was drafted by the Philadelphia Eagles and played three seasons as linebacker. Prior to his position with the Browns, he was director of pro personnel for the Kansas City and a scout for the Atlanta Falcons.
Garrick Jones is a veteran of three professional football leagues. He played 4 seasons in the National Football League, as well as 4 seasons in the Canadian Football League.
Garrick is a proven leader with the qualities of a battle tested leader on and off the field. He is Commissioner of SDFL, a new developmental football program with a focus on education, personal development, business acumen, financial literacy, entrepreneurship, and influence. He is also President of the Huddle Up Foundation of Houston, responsible for developing athlete initiatives surrounding financial literacy, social justice reform, and community development.
Additionally, Garrick currently sits on the Board of Directors for the NFL Player's Association-Houston Chapter and the Advisory Board for IMPACT Sports LLC, a company focused on the development of concussion reducing helmets for all athletes.
High-Risk, High-Interest Loans
Today’s financing options for athletes of all levels include high-interest debt or non-recourse loans, which, of course, need to be paid back. If the athlete has yet to secure a contract or is unable to get it guaranteed, viable financing options are limited.
Marketing/Brand Building Inhibitors
Fantex allowed people to invest in securities tied to the cash flows of professional athletes’ player and endorsement contracts. Fantex completed 6 IPOs, with the last occurring in 2016. Fantex’s brand-building efforts were hampered as athlete IPOs had to go through a “quiet period” which prevented marketing efforts. 1
High Barrier of Entry
DREAM Fan Shares is a relatively new platform that the NBA’s Spencer Dinwiddie utilized to sell his blockchain bond for $150,000 a token, which is a high barrier of entry. Investors are to be paid principal and interest on his current contract.2
Global Fan Exchange enables professional athletes to sell fans a percentage of ownership in their future professional contracts. The securities offering provides shareholders and their charity of choice with dividends and can act as a hedge for some athletes to provide capital up-front and allow those athletes to avoid taking high-risk, high-interest loans.
Brand-building with a purpose
Using Regulation Crowdfunding (Reg CF), there is no “quiet period”. Athletes may promote their brand, charity, and offering to fans across all platforms. The marketplace also provides shareholders with opportunities to interact with athletes and receive perks unavailable to the general public.
The athletes’ securities will initially be sold to eligible investors utilizing Reg CF for as little as $25. After the holding period, we aim to make the securities available to all fans over the age of 18, utilizing our user-friendly GFX app.