The English Premier League participant is aiming to sell 10% of the club’s equity to investors and fans alike, planning to add token trading in the future.
The professional English football team Watford Football Club, commonly known as Watford FC, is initiating a digital equity sale comprising approximately 10% of its shares.
The nearly 150-year-old British football team has partnered with digital investment platform Republic to facilitate the equity sale, which will be available on the platform as well as on Seedrs, which is Republic’s European platform.
According to an announcement shared with Cointelegraph, the capital will be used to fund the team’s training initiatives, particularly in the men’s first team, as well as for new players’ recruitment, coaching, and development of the Watford FC brand.
