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Daily Mirror
Daily Mirror
Sport
Ricky Charlesworth

Crypto investors buy League Two side Crawley and vow to build "worldwide" following

Crawley League Two Eben Smith Preston Johnson Wagmi Crawley Town League One

The cryptocurrency investors behind the takeover of Crawley Town have vowed to build a "worldwide community of fans" for the League Two club.

WAGMI United LLC announced on Thursday that it had taken a controlling stake just months after a similar deal to purchase Bradford City collapsed. The company are to use non-fungible tokens (NFTs) as an ownership model, allowing people across the world to make decisions on the club, while also generating valuable revenue streams. NFTs have no physical form but can be bought or sold.

WAGMI co-founders Preston Johnson and Eben Smith will be taking over at a club with an average attendance this season of 2.249 - the second-lowest in the EFL.

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