😱🔥Crypto expansion from the English Football team: 10 percent will be sold as Tokens
#Watford one of the English football teams, has put 10 percent of its shares up for sale digitally. The sales will be made by the digital investment platform Republic. At the end of the sales, various special rights and tokens will be given to investors.
Watford, which also competed in the Premier League for a period and finished last year in the Championship, has put 10 percent of its shares up for sale digitally.
Foreigners will also be able to buy
The company has signed an agreement with the digital trading platform Republic and its European subsidiary Seedrs for the sale. Watford, currently valued at about 175 million pounds (about $ 220 million), will put about 17.5 million pounds of the part up for sale. Non-British investors will also be able to participate in this process through the Republic platform. The club aims to reach a much larger audience in this way.
Although the tokens will not be sold in the first place, the club has announced that it will provide the transaction right through Republic again in the future.
The proceeds from the sales will be spent on incentives that will improve the club's performance and the facilities of the men's football team.
Scott Duxbury, the club's chairman, said that they opened the club to their fans through digital assets and that the main goal is to get promoted to the Premier League again.
According to Republic, this sale is the largest digital capital offering to date in which an English football club has put its real shares up for sale…
