Watford FC have announced the launch of a new project which will offer fans “true ownership” of the club.
A statement from Watford FC says: “We have been exploring opportunities to bring investment into the club as we look to grow the club further and bolster revenue streams.
“Having looked at a number of options, we have decided to take the exciting and innovative step of becoming one of the first major English clubs to offer true ownership to fans and investors alike.”
The Championship side is offering 10 per cent of the club to fans and investors, with the opportunity to own a share and receive tokens and exclusive offers.
The price per share has been set at £12.44, with a minimum investment of four shares. Once the shares have been purchased, there is a lock-up period of 12 months before trading is allowed.
The club added: “Part of the funding will be channelled into recruitment to strengthen Tom Cleverley’s playing squad as we seek a return to the Premier League.”
To find out more, head to www.t.ly/qYFzA
Photo credit: Watford FC
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