April 15, 2024 17:48 | 2 minute read |
The goal of owning a professional sports team is out of reach for most people. Valuations are prohibitively high, and the number of publicly traded teams on the market is limited.
gemini Founder Cameron Winklevoss and Tyler Winklevoss Not like most people.The twin brothers recently announced that they are worth $4.5 million. Bitcoin (Crypto: BTC) to England's soccer team Real Bedford FC.
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They are now official co-owners of the team alongside Bitcoin Podcasters peter mccormackAcquired Real Bedford in 2021.
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McCormack has been trying to get his team promoted to England's top soccer league, the Premier League.
So far he's on the right path.Real Bedford promoted from 10th placeth Following last season, he was promoted to the 9th class. The club currently sit top of the Spartan South Midlands Football League. If they win the league, they will be promoted for the second consecutive year and the team will move up to the 8th division.
“Cameron, Tyler and Peter all share a deep belief in Bitcoin and its ability to accelerate RBFC's quest to enter the Premier League,” the press release said.
Cameron Winklevoss said: “We're not just investing in a football club, we're investing in the dream of bringing Premier League football to Bedford and Peter is the right leader to make that dream a reality. I strongly believe that,” he said.
The English Premier League contains some of the most valuable teams in the world. Manchester United (New York Stock Exchange: Manu).Listed sports team recently went through its own investment cycle with British billionaire jim ratcliffe Secure investment in your team.
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Currently, soccer teams are attracting investment from deep-pocketed investors and celebrities.actor ryan reynolds like a pro athlete tom brady Two of the companies spotlight soccer fandom and promotion systems, leading to potential growth for teams.
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The Winklevoss twins are best known for their role in early Bitcoin adoption, including filing the first-ever Bitcoin ETF.
Gemini has been a partner and sponsor of Real Bedford since January 2022. Other sponsors include crypto-related companies such as: galaxy digital and ledger.
With the involvement of the McCormack and Winklevoss twins, Real Bifford could become one of the most Bitcoin-involved professional sports teams in the world.
“We are proud to continue supporting RBFC as it brings together multiple pillars of cryptocurrencies, combining community, accessibility and innovation,” Cameron and Tyler Winklevoss said in a statement.
One of the initiatives is to set up a Bitcoin vault to “secure the club's long-term ambitions”.
Real Bedford X account We share that the team uses the Bitcoin standard. The club has no non-fungible tokens, ICOs, Web3, DAOs, or fan tokens.
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