Global crowdfunding campaign to buy a Spanish club

A Californian company is looking to buy a Spanish football club through a revolutionary new model of collective micro-ownership. So far, Granada, Fuenlabrada, Sabadell and Talavera are among the clubs that have been contacted.

This new way of becoming a club owner has just been launched by the North American company f2o Sport, based in Silicon Valley, California. The model is called Fan to Owner and will allow fans from all over the world to own a tiny fraction of a football club by investing in this crowdfunding campaign.

According to AS, one of these four Spanish teams is in very advanced negotiations, and it is believed to be CE Sabadell FC. “We are offering fans from all over the world the opportunity to become owners of a club in Spain and to participate in the sports industry like never before,” Wolfgang Muller, co-founder and CEO of the company, told the Spanish newspaper.

The crowdfunding appeal was launched in November on their website and in just a few days, around €50,000 has already been raised by the founders, who want to “mix culture with sport” and hope to reach more than €500,000 by the end of this funding.

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