• Loading stock data...
Saturday, June 7, 2025

Watford F.C. to Sell 10% of Team to Public to Raise Revenue

  • The second-division side will attempt to raise $22.2 million to increase revenue.
  • Shares, in the form of digital equity, are valued at around $15.
Watford F.C.

Watford F.C. is raising money the old-fashioned way. 

After seeking an investor the past few years, Watford will put up 10% of the team for sale to the public in an attempt to raise $22.2 million to increase revenue. 

The club, which competes in the Championship, England’s second division, has been owned by Italian Gino Pozzo since 2012. 

The offering values the club at $223 million and comes in the form of digital equity, with shares available for around $15. The money will be used to help bolster the club, which was relegated from the English Premier League in 2021–22, and will see parachute payments from the top division end this summer, hence the revenue dip. The ultimate goal is to get back to the EPL. The club has partnered with U.S. investment firm Republic and its European arm, Seedrs, to help conduct sales on both sides of the pond. 

“In common with many other clubs, we have been exploring opportunities to bring investment into the club to grow the club further and bolster revenue streams which, in turn, allow us to strengthen the playing squads,” Watford said in a letter to fans.

Interested investors in Europe will have to buy a minimum of four shares, which costs about $64, while U.S. investors would have to buy at least eight for $127. Preregistration launched Tuesday, and the official launch day is Thursday. Shares can be purchased with crypto or traditional currency but can’t be traded until a 12-month holding period expires. 

While the club is open to investors who want a larger stake in the team, it believes making shares available to the public will widen its potential investor pool. British boxer Anthony Joshua has been linked to the club as a possible stakeholder. 

“Having looked at a number of options, we have decided to take the exciting and innovative step of becoming the first major English club to offer true ownership through digital equity,” the letter said. “Digital equity is an easy and practical way to access shares in the club.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 31, 2025; New Orleans, Louisiana, USA; Boston Celtics guard Jaylen Brown (7) reacts to a play against the New Orleans Pelicans during the first half at Smoothie King Center.
opinion

The Celtics Sale Set an NBA Record. How Long Will It Stand?

Owners and investors weigh in on the $6.1 billion Celtics price tag.
Aliyah Boston
exclusive

Sky–Fever Will Not Break WNBA Attendance Record

United Center renovations mean the league attendance record is off the table.
Tamika Catchings

The Sky–Fever Rivalry Wasn’t Born Yesterday

The teams fixated on each other well before Clark and Reese.
Jan 24, 2017; Davidson, NC, USA; The Davidson Wildcats student section cheers during the first half against the Duquesne Dukes at McKillop Court at John M. Belk Arena. Davidson defeated Duquesne 74-60.

Every College Wants a Flashy Basketball GM Hire Right Now

The role is more important than ever, and the definition is ever-evolving.

Featured Today

August 31, 2024; Columbus, Ohio, USA; The Goodyear blimp flies over Ohio Stadium during the first half of Saturday’s NCAA Division I football game between the Akron Zips and the Ohio State Buckeyes.

Why the Goodyear Blimp Is at Every Major Sports Event

The airship wasn’t built to cover sports. Now it’s a regular presence.
May 27, 2015; Paris, France; Mirjana Lucic-Baroni (CRO) knocks the clay off her shoe during her match against Simona Halep (ROU) on day four of the French Open at Roland Garros
June 4, 2025

Roland-Garros’s Iconic Red-Clay Surface Is a Precise Alchemy

The exact science behind maintaining the French Open’s red clay.
Alex Jensen introductory press conference on Monday, March 17, 2025.
June 3, 2025

Alex Jensen Started Utah Utes HC Job While Still Coaching the Mavs

How Jensen began building an NCAA program while patrolling the Dallas sideline.
May 31, 2025

PSG and the City of Paris Can Join European Soccer’s Elite

What a maiden Champions League title would mean for the French club.
June 5, 2025

White Sox Deal Signals Ninth Inning for Reinsdorf’s MLB Legacy

One of MLB’s elder statesmen still has a lengthy to-do list.
June 6, 2025

Rodgers Signing Defies Steelers Reputation but Further Boosts Team’s Profile

The NFL team long known for avoiding drama signed a mercurial quarterback.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
June 5, 2025

Michael Jordan’s 23XI May Lose NASCAR Charter After Legal Setback

23XI Racing has been suing NASCAR since last fall.
June 5, 2025

Chiefs, Royals Have Massive Stadium Decision: Kansas or Missouri?

The Missouri Senate approves the stadium funding in an overnight session.
Thibs
June 3, 2025

Knicks Fire Tom Thibodeau in Stunner After Deep Playoff Run

Thibodeau led the Knicks to four playoff appearances in five seasons.
A Chelsea FC banner is waved over the field at Stamford Bridge stadium.
June 3, 2025

U.K. Threatens to Take Former Chelsea Owner to Court for Billions from..

Abramovich sold Chelsea in 2022 for $3.4 billion.