# Player Shares: Football

Football.fun features top-tier players from Europe's five major leagues: Premier League, La Liga, Bundesliga, Serie A, and Ligue 1. The platform targets around 200 to 250 players in total.

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### In the app

> Navigation guide coming soon. This section will show you exactly where to find this in the app.

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### What shares are

Shares are your stake in a player. They enter you into tournaments and determine your cut of that player's rewards if they finish in a top position. More eligible shares in a placing player means a larger reward.

Your edge comes from picking the right players, timing your squad moves well, and competing consistently across tournaments.

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### Share mechanics

* Maximum supply per player: 25,000,000 shares. This cap never changes.
* Each player launches with 1,600,000 shares available in the market and 20,000 Gold in the pool. The remaining shares enter circulation over time through Player Packs.
* All new shares you sign start with 4 contracts

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### Contracts

Contracts track how many more tournaments a set of shares can earn rewards in. Each time one of your players participates in a tournament, their contract count decreases.

* **New shares start with 4 contracts.**
* **Maximum 8 contracts per player.** Renewals stop at 8.
* **At zero contracts:** your shares are no longer eligible for tournament rewards. They still exist and can be released, but they will not earn TP until contracts are renewed.

**To renew contracts, you have three options:**

1. Buy contracts directly to reactivate existing shares (up to 8)
2. Sign more shares. All new shares start with 4 contracts. The contract count averages across your total holding.
3. Release the shares if you no longer want the player

**Averaging example:** You hold 1,000 shares with 2 contracts remaining. You sign 1,000 more shares (which start at 4 contracts). You now hold 2,000 shares at an average of 3 contracts.

> The 4-start and 8-cap are deploy-configurable per sport. Always check in-app for the current values.

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### Supply definitions

These terms are used throughout the wiki. They have specific meanings in the app.

| Term               | Definition                                                                                               |
| ------------------ | -------------------------------------------------------------------------------------------------------- |
| Max Supply         | Total shares that will ever exist for a player. Fixed at 25,000,000.                                     |
| Circulating Supply | Shares owned by managers plus shares in the marketplace pool. Does not include Development Squad shares. |
| Active Supply      | All shares across all managers that currently have contracts and are not benched.                        |
| Your Active Shares | Your shares that have contracts and are not benched.                                                     |

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### Snapshot timing

For FDF, the eligibility snapshot is taken when a player enters the pitch. Shares signed after a player has entered the pitch are not eligible for rewards in that tournament.


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