The Winklevoss twins just invested millions in a tiny British soccer club \ stacker news ~bitcoin

The Winklevoss twins just invested millions in a tiny British soccer club www.cnbc.com/2024/04/12/cameron-and-tyler-winklevoss-invest-millions-in-english-soccer-club.html

467 sats \ 11 comments \ @siggy47 12 Apr bitcoin

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215 sats \ 1 reply \ @Wumbo 12 Apr

Tip of my hat to what Peter has accomplished.

I have no clue what a minor league English soccer team cost but $4.5 million for half the team seems like a high valuation.

I am assuming close to 50% ownership:

The latest deal will see the Winklevoss twins serve as co-owners of RBFC, alongside McCormack, a lifelong Bedford resident.

10 sats \ 0 replies \ @siggy47 OP 12 Apr

I remember reading about the twins as partners in Digital Gold. Dealing with those two, Peter will earn every dime.

139 sats \ 3 replies \ @Cje95 12 Apr

I feel like they are angling to do the same thing Ryan Reynolds did with Wrexham. That little soccer club in England has made / will make Reynolds a ton of money if he ever wants to even sell part of it. For the Winklevoss twins if they are able to execute like Reynold did it would reap them a huge amount of public good will

55 sats \ 2 replies \ @siggy47 OP 12 Apr

From Peter's perspective, I would be nervous partnering with those two.

75 sats \ 1 reply \ @Cje95 12 Apr

Very true but I feel like with Gemini trying to break into new markets and expand its presence the twins will want to be on their best behavior in the UK. If it was a US sports team I would be even more skeptical and nervous but given they need to grow to survive I feel it will be a best behavior type of thing.

0 sats \ 0 replies \ @siggy47 OP 12 Apr

I hope you're right. This project could be very valuable for bitcoin

117 sats \ 0 replies \ @harrr 12 Apr

Go pirates!

76 sats \ 1 reply \ @alt 12 Apr

The British don't have soccer clubs, we have football clubs! That's literally what the "FC" in "RBFC" stands for.

100 sats \ 0 replies \ @siggy47 OP 12 Apr

This article is targeted to the wealthy US investors who watch the channel. Everyone knows the US thinks they make the rules for everyone, and they dictate language too. (Damn jerks)

75 sats \ 0 replies \ @nikotsla 12 Apr

Money laundry.. I love it. Soccer club are the new "export companies".

33 sats \ 0 replies \ @siggy47 OP 12 Apr

Peter McCormack is getting some MSM ink. Maybe @pubkey can show off a few of those banners to curious reporters.

I like that Real Bedford showed up on CNBC.