Cameron and Tyler Winklevoss, known for founding the cryptocurrency exchange Gemini, have recently invested $4.5 million worth of Bitcoin into Real Bedford Football Club. This investment was made through their investment firm, Winklevoss Capital. The brothers join forces with cryptocurrency podcaster Peter McCormack, who acquired the club in 2022.

The partnership with the Winklevoss twins brings exciting developments to Real Bedford. The investment will support various projects, including the creation of a new training facility, the establishment of a football academy, and the enhancement of youth and girls’ football programs.

Real Bedford FC confirmed the investment in a statement, announcing that Cameron and Tyler Winklevoss will become co-owners of the club alongside Peter McCormack.

This move follows Gemini’s sponsorship of the club in January 2022 and marks the establishment of a Bitcoin treasury for Real Bedford. The involvement of high-profile American investors in regional football clubs reflects a growing trend, as seen with Wrexham AFC in Wales, acquired by actors Rob McElhenney and Ryan Reynolds in 2021.

The Winklevoss twins’ interest in football clubs as investment opportunities aligns with a broader trend among wealthy investors. Sports teams are now considered attractive assets due to the increasing value of sports media rights and changes in players’ salaries. This shift has transformed sports into an asset class that offers market-beating returns and defensive qualities similar to low-growth utilities.

Sporting Lisbon Football Club in Portugal is reportedly exploring the sale of a minority stake, following debt restructuring efforts. These developments in the football industry highlight the evolving landscape of sports investment opportunities.

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