Backed by cryptocurrency and with familiar elements of both “Moneyball” and “Ted Lasso,” a group of American investors say they plan to purchase an English soccer team and rely on advanced analytics and non-fungible tokens (NFTs) to create a new model of sports team ownership.
The group, WAGMI United, says it’s in the advanced stages of purchasing an English Football League club. The investors are believed to be the first group to buy a major sports franchise with cryptocurrency serving as a significant funding source.
They declined to identify the club until the sale is complete, which they said could be within the next month.