Watford FC Offers 10% Digital Equity Shares to Fans and Investors

Watford FC explores digital equity offering to allow fans to “own a piece” of the club’s future and legacy.

Watford FC fan seeing tokens above the football game.
Created by Kornelija Poderskytė from DailyCoin
  • Watford FC has announced an upcoming digital equity sale.
  • The club seeks to raise millions from the sale.
  • The sale’s offerings might also include tokens “at the discretion of Watford FC.”

Watford Football Club (FC) is set to offer fans and investors 10% of the club in a digital equity sale facilitated by online investment platform Republic and its European affiliate Seedrs.

Watford FC’s roots date back to 1881 when Henry Grover and a group of fellow teenagers formed the Watford Rovers after seeking permission from the Earl of Essex to kick a football around in Cassiobury Park. Over a century later, the club has undergone immense transformation and is currently valued at £175 million.

Watford FC Explores Digital Equity

In an announcement shared with DailyCoin on June 4, Watford FC said that it aims to raise £17.5 million in funding by offering approximately 10% of the club as digital equity to investors, including its fans.

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The club has set the price per share at £12.44, and investors purchasing their shares through the Republic platform must acquire eight shares totaling £99.52, while Europe-based investors buying through Seedrs must take a minimum of four shares for £49.76.

Per the statement, the digital equity offering allows Watford FC to attract a wider range of investors and empowers fans to “own a piece” of the club’s legacy and future.

“In addition to the digital equity, investors will have the option to receive tokens and access exclusive offers. Watford FC also plans to facilitate the future trading of the tokens,” the statement read. 

Pre-registration for interested parties opened on June 4. The club noted that both fiat (sterling or dollars) and cryptocurrencies will be accepted as payment for purchasing the shares.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.