Competitive First Team
Building a disciplined, performance-led football operation.
Private investment opportunity · Kigali, Rwanda
OWN A PIECE OF KIGALI CITY FC
Invest in Rwanda. Invest in Africa. Invest in Football.
Kigali City FC — Beyond Borders.
Pride of the Capital · Power of a Lion
Investment snapshot
THE OPPORTUNITY
Indicative terms for qualified private investors. Final terms are subject to documentation and approval.
RWF 80,000,000
Target raise
20%
Equity offered
RWF 320M
Indicative pre-money
RWF 400M
Indicative post-money
4 × RWF 20M
5% per investor
Kigali City Football Club Ltd (TIN 156435868, registered 2 June 2026) is seeking RWF 80,000,000 in growth capital in exchange for 20% equity, to establish the Club's sporting, commercial and operational foundations. The investment thesis is built on multiple value drivers: football performance, player development, player trading, sponsorship, commercial partnerships, media, academy, brand growth and international expansion.
The platform
WHY KIGALI CITY FC
A platform for competitive football, player development, academy and youth growth, women's football, commercial partnerships, media and brand expansion in one of Africa's fastest-growing football markets.
Academy & Youth
Developing a long-term pathway for high-potential talent.
Women's Football
Growing an inclusive and competitive women's programme.
Commercial & Sponsorship
Creating durable brand and partner relationships.
Media & Digital Growth
Expanding reach through owned media and digital platforms.
Facilities & Infrastructure
Strengthening the foundations for sustainable growth.
Capital plan
USE OF FUNDS
The RWF 80 million raise is deployed under an approved capital allocation plan, across football performance, talent development, infrastructure, commercial growth and prudent working capital.
RWF 80M
Allocations may be revised by the Board where circumstances require, subject to the investor protections in the Shareholders' Agreement.
First-team football operationsRWF 20,000,000 · 25%
Player recruitment & registrationRWF 16,000,000 · 20%
Academy & player developmentRWF 12,000,000 · 15%
Training & facility developmentRWF 8,000,000 · 10%
Marketing, media & digitalRWF 8,000,000 · 10%
Commercial & sponsorship developmentRWF 8,000,000 · 10%
Governance, legal & administrationRWF 4,000,000 · 5%
Working-capital contingencyRWF 4,000,000 · 5%
Indicative participation
INVESTOR ALLOCATION
The round is structured as four equal allocations. Existing shareholders retain 80%; new investors collectively hold 20%.
Investor 1
RWF 20M
Equity5%
Investor 2
RWF 20M
Equity5%
Investor 3
RWF 20M
Equity5%
Investor 4
RWF 20M
Equity5%
The Club may also consider a strategic investor acquiring a larger portion of the round, subject to shareholder approval and agreed investment terms. All terms are subject to final allocation and definitive documentation.
Progressive professionalisation
FIVE-YEAR BUSINESS PLAN
- 01
Year 1
Foundation
Squad strengthening, scouting and player database; sponsorship programme; administration and financial controls.
- 02
Year 2
Competitive Consolidation
League progression and first academy cohorts; sponsor renewals, merchandise and matchday; audited accounts and investor reporting.
- 03
Year 3
Commercial Expansion
Women's football and expanded pathway; multi-partner portfolio, camps and media; facility upgrade and partner network.
- 04
Year 4
Regional Positioning
Top-tier and continental readiness; multi-market partnerships; licensing and governance readiness.
- 05
Year 5
Scale & Value Realisation
Sustained high-level competition; diversified revenue base; valuation review and liquidity options.
The plan sets out strategic objectives, not guaranteed outcomes. Sporting results, licensing decisions and commercial agreements depend on factors outside the Club's control.
Illustrative only
VALUATION SCENARIOS
What a 5% holding would be worth at different Club valuations, on the entry terms in the memorandum. Arithmetic only — not a forecast, target or promise of return; ignores dilution, costs and timing.
| Club valuation | Value of 5% stake | Multiple of entry | Gain / (Loss) |
|---|---|---|---|
| RWF 200,000,000 | RWF 10,000,000 | 0.5x | (RWF 10,000,000) |
| RWF 400,000,000 (entry) | RWF 20,000,000 | 1.0x | RWF 0 |
| RWF 600,000,000 | RWF 30,000,000 | 1.5x | RWF 10,000,000 |
| RWF 800,000,000 | RWF 40,000,000 | 2.0x | RWF 20,000,000 |
| RWF 1,200,000,000 | RWF 60,000,000 | 3.0x | RWF 40,000,000 |
| RWF 2,000,000,000 | RWF 100,000,000 | 5.0x | RWF 80,000,000 |
Responsible participation
GOVERNANCE & INVESTOR PROTECTIONS
Proposed terms to be set out in the Shareholders' Agreement and subscription documents. Indicative only — no binding obligations arise until those documents are signed.
- Newly issued ordinary shares
- Quarterly management accounts & annual investor report
- Collective Board seat or observer right
- Reserved matters requiring investor consent
- Pre-emption rights on future share issues
- Tag-along rights on a controlling sale
- Information rights — access to books & records
- Governed by the laws of the Republic of Rwanda
Investment involves risk. No return, dividend, liquidity event or capital appreciation is guaranteed.
Read carefully
KEY RISKS
Investment in the Club carries a risk of partial or total loss of capital. Prospective investors should take independent advice.
Sporting performance
Results affect promotion, revenue, sponsor interest and player value, and cannot be guaranteed.
Early-stage business
The Club was registered in June 2026 and has a limited operating and financial track record.
Regulatory & licensing
Participation depends on FERWAFA and, later, CAF licensing requirements and continuing compliance.
Player-trading volatility
Transfer income is uncertain in timing and amount, and depends on performance, injury and market demand.
Minors & FIFA rules
Breaches of Article 19 or registration rules can lead to sanctions; the Club applies strict compliance controls.
Commercial concentration
Early revenue may depend on a small number of sponsors and partners.
Liquidity
No public market exists for the shares, and exit routes are uncertain.
Dilution
Later funding rounds may reduce the percentage held by earlier investors.
Currency & economic
Costs and revenues may be affected by exchange-rate and economic conditions.
Key people
The Club depends on its founders, senior management and technical staff.
A considered process
HOW IT WORKS
- 01
Expression of interest
Confirm interest and the size of participation in writing.
- 02
Confidentiality
Signing of a mutual non-disclosure agreement.
- 03
Due diligence
Access to company records, licensing status, financials and material contracts.
- 04
Term sheet
Agreement of valuation, equity, investor rights and conditions.
- 05
Definitive documents
Shareholders' Agreement and subscription agreement, with Board and shareholder approvals.
- 06
Completion
Payment of subscription funds and issue of shares, with updates to the RDB register.
Investor Q&A assistant
ASK ABOUT THE MEMORANDUM
Get an instant answer drawn only from the Investment Memorandum, with the sections it relies on. For anything else, our team will respond directly.
Download memorandum (PDF)Confidential investor enquiry
START THE CONVERSATION
Request the confidential Investment Memorandum or arrange a private briefing with the Club's investor relations team.