Tuesday, October 18, 2016

Felicia, 13, quoted on the Swedish stock exchange – financial times

What can you do if your child’s racing is too expensive?

13-year-old hopptalangen Felicia Long parents have chosen to list their daughter.

– It is important to have an ongoing dialogue, because she is so young, but we have nevertheless chosen to create the conditions for we would undo us if we did not, ” says mother Camilla Bauman Long to Sportbladet.

It is no unusual problem in sport that the children’s bet to the last, if not already from the beginning, becomes a financial burden for the parents. One of the more expensive sports is equestrian. Thus there is a 13-year-old hopptalangen Felicia Long from Gävle not unique – but it is, however, her parents ‘ solution to the problem.

"To be spent on training"

From the 18th of October offers parents investors to buy shares in their daughter’s racing with the possibility of dividend, if Felicia would become a star in the future. Behind the idea stands the company Trade in Sports.

” We were asked by a representative of the Trade in Sports partners Swedbank here in Gävle who wanted to present the concept for the us. We thought it sounded like a good idea, ” says felicia’s mother Camilla Bauman Long.

a Total of 5200 shares are offered for 100 euros each. If all sold, it means over a half a million dollars to 13-see her bold fashion racing.

” let’s assume that a competition in Sweden costs sek 5,000 for a weekend and what the trips go on, I dare not even summarise, but it is good many thousand. Then apply for us parents costs in the form of leave also, ” says Camilla Bauman Long about spending for her daughter’s sportsmen and sportswomen.

What would this money be used for?

– It depends on where in the process we are, but we think that some should be spent on training. Then it would of also been fun to focus on being abroad for a longer period and not just go on individual races, but may be gone for a couple of weeks. Equestrian the Dealer’s successor in doubt: "so tired"

"Hope she dares to stop if she wants to"

In return promised to investors twelve per cent per annum of the revenue of felicia’s horse business generates 2021-2028, provided that the annual income surpasses one million dollars. Despite the fact that we are talking about the financial investment of a 13-year-old girl sees felicia’s mother Camilla Bauman Long no problem.

” No, we have chosen to only see the possibilities. We feel incredibly grateful to Felicia been asked and this opportunity.

it Can represent an additional pressure on her to know if people have paid a lot of money for her to succeed?

– There is always a risk but we have talked a lot about this in the family before we took the decision. It is important that Felicia feels safe and it may not be an increased pressure on her. But still she has already had collaborations with some sponsors for a while and we think it has worked well. It has not affected her that she feels that she needs to deliver something extra, but she has handled it in a sensible way.

do you Think she dare to stop if she get tired of riding?

” I hope so, and it is something we have had a dialogue on. It is important to have it current because she is so young. But nevertheless, we have chosen to create the conditions for we would undo us if we did not. I think we have a good dialogue and I do not think that it would be no problem for her to say, "it’s not what I want to do". SEE ALSO PLUS Ryttartalangerna that takes us into the future

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