Fast radio bursts (FRBs) are extremely luminous and brief radio flashes originating from other galaxies (Petroff et al. 2019). Progressing our understanding of the FRB phenomenon is limited by their large distances and unpredictable activity. The recent discovery of FRB 20200120E (Bhardwaj et al. 2021), in the direction of the M81 galaxy, offers the chance to study an exceptionally nearby repeating source. Here we conclusively prove that FRB 20200120E is associated with a globular cluster in the M81 galactic system, thereby confirming that it is 40 times closer than any other known extragalactic FRB (Marcote et al. 2020). Because such globular clusters host old stellar populations, this association challenges FRB models that invoke magnetars formed in a core-collapse supernova as powering FRB emission (e.g. CHIME/FRB Collaboration et al. 2020; Bochenek et al. 2020; Margalit & Metzger 2018; Murase et al. 2016). We propose that FRB 20200120E is a young, highly magnetised neutron star, formed via either accretion-induced collapse of a white dwarf or via merger of compact stars in a binary system. Alternative scenarios are giant pulses from millisecond pulsars and compact binary systems (Pooley et al. 2003), some either interacting through winds, magnetically, or actively accreting via a disc. Given the proximity of FRB 20200120E, our upper limits on associated persistent radio, X-ray and gamma-ray emission tightly constrain the possible source models.
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