Watford FC Raises IDR 361 Billion In Funds From Fans Via Crypto

Watford FC salang dana Rp361 miliar dari penggemarnya melalui kripto (Foto; Dok. WallpaperCave)

JAKARTA - Watford Football Club, based in London, England, announced an ambitious plan to raise 17.5 million Pound Sterling or about 22.3 million US Dollars (approximately IDR 361 billion) through the club's 10% stake sale. This initiative opens up not only opportunities for fans to become part of the club they love, but also marks a new era in football clubs to finance their operations and growth.

Watford FC, which has a long history in English football, plans to leverage its crypto investment platform and Republic startup, as well as its European crowdfunding branch, Seedrs, to offer its shares. With a share price per share of 12.44 Pound Sterling or 15.88 US Dollars (approximately IDR 258.526), the minimum investment set is four shares through the Seedrs and eight shares through the Republic, with a total investment of 49.76 Pound Sterling or 63.51 US Dollars (approximately IDR 1.03 million) and 99.52 Pound Sterling or 127.04 US Dollars (approximately IDR 2.06 million).

The funds raised will be allocated for various initiatives aimed at improving the quality and performance of the club, including the recruitment of players, training, and coaching coaches. Reported by CryptoPotato, Scott Duxbury, Chairman and CEO of Watford FC, expressed his pride for the club's progressive steps in offering digital equity to investors and fans, a move that is expected to help Watford FC return to the Premier League.

Alliance with Republic opens the door for Watford FC to reach more diverse investors, surpassing traditional methods of equity fundraising. The offer not only provides an opportunity for fans to own a part of the club, but also promises exclusive tokens to be traded in the future, adding new dimensions in interaction between the club and its supporters.

Andrew Durgee, President of Republic, welcomed this investment opportunity, emphasizing his platform's commitment to making sports ownership more accessible to fans and professional investors. The sale of the Watford FC equity is expected to be a model for other football clubs to engage their communities and fans more deeply.