Empowering sports club fans | Photo: f20 Sports.
Located in the heart of Silicon Valley, f20 Sports Corporation is gearing up to revolutionize the world of professional sports ownership. The company aims to give fans around the globe the opportunity to become real owners of sports teams, challenging the existing status quo in an innovative way.
This approach was born on the sports fields of Stanford University, where a group of visionaries set out to decentralize, digitize, and globalize sports club ownership, marking a new chapter in the relationship between fans and their favorite teams.
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Wolfgang Muller, co-founder and CEO of f2o Sports, points out that the traditional model of professional sports ownership has remained stagnant for a considerable period. Moreover, he stresses that it is the fans themselves who ultimately bear the costs.
“The archaic model of professional sports ownership has stalled, and fans are LITERALLY the ones paying the price. It’s time for sports ownership to evolve with a 3.0 global approach”, says Wolfgang Muller, co-founder and CEO of f2o Sports.
The first step involves the acquisition of a sports franchise, specifically, a soccer club in Europe, during the first year of operations. To engage fans and offer them the chance to join this initiative, f20 Sports has launched its website, allowing followers from around the world to sign up for information about the company and details on how to participate.
The next step will be the implementation of a crowdfunding round under the Crowdfunding Regulation (Regulation CF). This innovative fundraising method will enable fans to become co-owners of a soccer club in Europe.
All transactions related to Regulation CF will be conducted online through an intermediary registered with the SEC, either a stockbroker or a funding portal. f20 Sports is in advanced talks with professional soccer clubs and has carefully selected outstanding organizations in Spain as potential candidates.
Before the launch of the crowdfunding round, fans will have the opportunity to join a waiting list that will provide updates about the company and details related to the start of the crowdfunding campaign under Regulation CF. Interested investors can receive a variety of benefits based on their level of participation, from exclusive f2o products to the chance to interact with the founders.
f20 Sports, changing the paradigm
Currently, sports teams are typically owned by billionaires who operate and profit from the franchises they have acquired, while fans watch the value of their beloved clubs rise rapidly without having a real stake in their growth. f20 Sports aims to bridge this gap between owners and fans by decentralizing access to sports ownership and giving fans around the world the opportunity to become legitimate owners of the game.
To get a broader view of the massive revenues that sports clubs earn each year, we can check out the following chart published by Statista, which features the soccer teams with the highest revenues in the 2021-2022 season. Manchester City tops the list with a total of 731 million euros raised, followed by Real Madrid with 713.8 and Liverpool with 701.7.
As f20 Sports progresses in its mission to acquire a sports franchise in Europe and allow fans to become co-owners, we are likely to witness a significant transformation in the professional sports industry, where the boundaries between traditional owners and passionate followers become increasingly blurred.
What do you think of f20 Sports’ proposal?
