Sports
Watford FC Looks to Sell 10% of Club by Offering Stake to Fans
- Club looking to raise approximately £17.5 million in funding
- Team partnering with digital-asset investment firm Republic
Watford is owned almost 100% by the Pozzo family, who also own the Italian team Udinese Calcio.
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Second tier English football team Watford FC is looking to sell 10% of the club to fans and other investors, in a rare example of a larger UK club selling a stake to supporters.
The club has partnered with the digital-asset investment firm Republic to facilitate the sale. In 2022, New York-based Republic bought London-based crowdfunding platform Seedrs, which has raised money for small teams including AFC Wimbledon and Dorking Wanderers FC.