Company overview

Individual athletes pay Nomadar Corp. to live, study and train through Nomadar HPT, its licensed soccer-training program. Fees depend on the length of their stay. Training has been delivered in person in Cádiz, Spain: Nomadar arranges enrollment, accommodation and equipment, while Cádiz CF supplies coaches, places players in its youth teams and organizes matches. Training and stadium events account for most of the company’s revenue.

Nomadar also coordinates third-party events at JP Financial Stadium under a non-exclusive agreement with Cádiz CF. Its stadium income has come through purchase orders with the club. For event coordinators, Nomadar expects contracts to charge an upfront fee plus a share of ticket sales; these are planned terms, not terms established for every contract. Nomadar must reimburse Cádiz CF for justified stadium-use and event expenses.

The business depends heavily on Cádiz CF, which supplies training resources and licenses, and on controlling shareholder Sportech for further capital. Nomadar pays Cádiz CF royalties for HPT rights and has limited leverage when negotiating service-payment terms with the club. Losing its U.S. national exchange listing could allow Cádiz CF to terminate its HPT and Mágico González licenses.

Nomadar plans U.S. online sales of Mágico González merchandise under exclusive rights outside Spain; Cádiz CF keeps the proceeds from sales in Spain. Soccer academies are not yet operating, and the separate proposed JP Financial Arena still lacks the funding needed for development.