Watford's digital share scheme fails to meet targets

03/24/2025 04:55 AM

Watford launched a digital equity share scheme hoping to raise as much as £17.5 nillion.  3,125 fans committed to the scheme which was intended to recruit top players and coaching staff.   Given an average home attendance of 19,353 this season, this amounts to a participation rate of 16 per cent which is actually probably reasonably good.

Club owner Gino Pizzo was hoping for high end investors, but they didn't turn up.  The one with the money want to own their own football clubs, not somebody else's - and there are limits to how much funding the average fan can provide.