Investing in digital currencies might seem normal to many people. However, owning a full-fledged football club is only for the extra rich like Peter McCormack.
Peter McCormack, who grew up in Bedford wants to eventually get the team promotion. He wants the team to be promoted from England’s lowly tenth division to the premier league.
Being a hardcore Bitcoin (BTC) investor, Peter McCormack is always the advocate of new technologies. Now, he has announced the acquisition of a Local football club Bedford FC.
The deal details are still unknown but Peter McCormack is willing to make Bedford FC the exclusive club of every Bitcoin holder. This is because McCormack wants the support of the 150 million BTC Holder to push Bedford up the ladder. Further, he wants to push through a series of 9 promotions to become a Premier League club.
Moreover, Bitcoin investors believe in waiting out for the possibility as Bitcoin has grown from practically nothing to its current value of around $48,056.55.
In addition, Peter McCormack believes that Bedford FC will need significant funding to achieve the milestones set for the club. Based on partnerships secured with other companies, the football team has the chance to compete as an EFL League 1 club.
