Cádiz Club de Fútbol has begun trading on the Nasdaq stock exchange in New York through its technology subsidiary, Nomadar.

What does this mean for the club?

The club's vice-president, Rafael Contreras, has explained that this operation aims to secure the club's future growth. Cádiz Club de Fútbol becomes the first Spanish club to be listed on the stock exchange.

Why is this important?

The strategy responds to the need to generate extraordinary income beyond traditional football sources. The stock exchange listing is presented as a tool to compete in an increasingly demanding environment.

What comes next?

The process of listing on the Nasdaq has been a three-year effort that included supervision by the SEC, the US stock exchange regulator. The ultimate goal is to achieve a stronger Cádiz with a higher salary cap. | Statistic | Value | | Investment needed for Sportech City | 120 million euros |

The executive has emphasized that the financial structure is designed not to detract from any of Cádiz's own resources.