Source: REUTERS
[Saba Sports News] According to British media reports, Watford is offering fans the opportunity to purchase shares in the club, making them the first English team to raise funds through “digital equity.” Watford owner Gino Pozzo has put up a 10% stake in the club for sale, valued at £17.5 million. The aim is to raise funds to build a team capable of returning to the Premier League. It is reported that Watford fans can purchase four shares for a minimum of £49.76. In addition, fans will also receive tokens based on their investment size. These tokens may come with benefits such as access to owners, coaches, players, and priority ticket allocation. While the shares will be sold as “digital shares” through the US online investment platform Republic and its European platform Seedrs, they can be purchased using pounds or dollars rather than cryptocurrencies. The price per share is set at £12.44, with a minimum investment of 4 shares on the Seedrs platform or 8 shares via the Republic platform, totaling £99.52.