Lawyer Monthly - May 2023

TRANSACTION INTERVIEW 93 What is the Tanzanian government’s goal in establishing the Tan Warriors Sport Academy? It is a project aimed at fostering the growth and pursuit of sports talent among young Tanzanians, by providing them with an environment which – also in terms of infrastructure – is focused on supporting their development, with side purposes in addition to those strictly linked to sports practise. As hoped for by both the entrepreneur assisted by Bergs & More and the government, which has given its endorsement to the operation, the Academy is in fact expected to also generate a positive social impact throughout the country. How did your team ensure the successful completion of the operation through its specialist advice? Bergs & More has a very significant track record and expertise not only in sports business, but also in corporate and finance, all of which are key to the structuring of complex transactions such as this one and the provision of related advice. Our team, moreover, has long been accustomed to operating in international contexts, a factor that facilitates the ability to work in multicultural environments. You mentioned that advising on this operation forms part of a broader path of activities with entities in Africa. Can you tell us more about these? Our track record encompasses all areas of sports business, for which we act as management consultants with legal backgrounds ranging from consultancy to dealmaking. Among others, we operate in motorsport (also at Formula 1 and MotoGP level), football (with reference to clubs, leagues and major management companies), other sports such as golf and basketball, sports federations and governing bodies, and major events organisers at a global level, from Europe to the United States, Gulf countries and Africa as in the case of this specific transaction. Riccardo Giacomin Bergs & More Bergs & More has a very significant track record and expertise not only in sports business, but also in corporate and finance, all of which are key to the structuring of complex transactions acting as management consultants with legal background.

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