England’s crypto club takes plunge into the unknown

Published May 12, 2022 2:45 AM

By STEVE DOUGLAS
AP Sports Writer

An American consortium has bought an English soccer team with the ultimate aim of winning the Premier League title. Some would say there is nothing especially new there but there is a huge catch when it comes to the recent purchase of Crawley Town. The unheralded fourth-division club located south of London has been bought by a group of investors pledging to “shake up the status quo” by using the world of cryptocurrency and “Web 3” technology to fuel the rise of a sports team. It’s a plunge into the unknown for Crawley and perhaps a sign of what’s to come in soccer worldwide.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.