first portuguese football players fund was an investment fund dedicated for football. unlike serie a and premier league, third-party ownership is allowed in portugal. clubs sold part of the economic rights of their current players to the fund for cash to re-invest on new signing. clubs also partnered with the fund to sign new players. it was set up by first portuguese sgps s.a., (which in april 2004 was acquired by grupo orey to become a major shareholder, via football players funds management (cayman) limited). and a year later became orey financial. the company also set up football fund psv management bv in 2006 (but never started business) and forest fund as well as other field.