Shola Akinlade, co-founder and CEO of Paystack, has purchased a 55% stake in Aarhus Fremad, a Danish second division club.
This was made public Tuesday in a statement on the website of Sporting Lagos, a local football club also founded by the 37-year-old entrepreneur.
“We are delighted to announce our investment in Aarhus Fremad, a Danish club.” “Aarhus Fremad, founded in June 1947, is currently top of the Danish 2nd Division — the third tier of the Danish football league system,” he said.
“We’re excited about this development because it gives us the opportunity to learn from a community-focused club that shares our values.”
Sporting Lagos stated that the collaboration would also provide opportunities for European exposure for them.
the best players from its project, as the club continues to invest in developing young football talent in Nigeria.
“I am truly honored and excited to embark on this new chapter with Aarhus Fremad and further our shared commitment to engaging and empowering local communities,” Akinlade was quoted as saying.
“By strengthening our relationship with Aarhus Fremad, we hope to create an environment that promotes education, growth, and opportunity for our players and the community as a whole.”
“I have complete faith in Lars Kruse’s continued leadership as CEO, and together, we will work to preserve the values and long-term goals that have made these clubs such cherished parts of their respective communities.”
CEO of said in his remarks
Lars Kruse, CEO of Aarhus Fremad, described the process as “exciting” from “when I first heard that they had spotted us in Fremad all the way from Nigeria to where we are now.”
He went on to say how wonderful it was that there were people with the right mindset who saw football as a catalyst for many other things.
Sporting Lagos is a Nigerian Aarhus Fremad in terms of values, according to Kruse.”
“In practice, the agreement means that we can have a much broader perspective in Fremad, as well as an international dimension with which to work.”
“Overall, I have the impression that this is a really good match – and I look forward to continuing our club’s development as a result.
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