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Winklevoss twins invest £3.5 million in Real Bedford FC

Crypto billionaires plan to help the eighth-tier club rise to the Football League through strategic funding.

February 28, 2025 at 07:22 PM
blur I've teamed up with crypto billionaires to take eighth-tier club to the Premier League using bitcoin

Real Bedford FC is set for ambitious growth with significant investment from cryptocurrency billionaires.

Billionaire investors plan to bring Real Bedford FC to the Football League

Real Bedford FC is aiming for promotion to the English Football League after receiving over £3.5 million from Gemini founders Tyler and Cameron Winklevoss. The eighth-tier club, owned by cryptocurrency entrepreneur Peter McCormack, recently secured this funding as part of a long-term plan to rise through the leagues. McCormack promotes the club as a bitcoin-focused venture, having already achieved profitability and international sponsorship deals since his involvement three years ago. The club is currently leading in its league and plans to merge with a neighboring club to strengthen its position.

Key Takeaways

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Real Bedford FC aims to climb into the Football League with significant investment.
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The club markets itself as the bitcoin club to attract sponsors and fans.
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A merger with a neighboring club could strengthen their chances of success.
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The Winklevoss twins' involvement highlights a growing trend in sports finance.

"I decided to establish ourselves as the bitcoin club for two reasons."

Peter McCormack explains the reasoning behind positioning Real Bedford as a bitcoin-centric club.

"We want to show how we can get into the Football League within a decade."

McCormack outlines his ambitious plan for the club's growth.

The involvement of the Winklevoss twins signals a strong financial backing that could reshape Real Bedford's future in English football. Their investment reflects a broader trend where cryptocurrency and sports intersect, creating new avenues for funding in lower-tier clubs. While others may scoff at the timeline for promotion, McCormack's strategy to leverage bitcoin’s popularity could attract more fans and sponsors. This could pave the way for more non-league clubs to seek out similar partnerships, changing the landscape of football funding in the lower tiers.

Highlights

  • Real Bedford FC could rise to the top of English football with the right backing.
  • The Winklevoss twins see potential where others see a challenge.
  • Investing in lower league football is the new frontier for billionaires.
  • Merging with nearby Bedford Town could be key to our success.

Potential risks from financial dependencies

Heavy reliance on cryptocurrency investment could pose risks if the market fluctuates, affecting budgets and financial plans.

If successful, this could open doors for more investment in lower-tier football clubs.

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