Leeds United's Championship rivals receive quick-fire £6.6m boost after pioneering financial tactic

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Leeds United's Championship rivals receive quick-fire £6.6m boost after pioneering financial tactic
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One Championship club has found an inventive way to raise funds in a bid to challenge Leeds United.

Leeds United’s Championship rivals Watford have raised almost £7million in a matter of days after making 10 per cent of the club’s shares available to the public. In a pioneering new initiative that was announced last week, Watford made shares available in the form of ‘digital equity’, with members of the public able to buy a small stake in the club for as little as £49.76. Reports suggested the total value of shares made available was around £17.

An investment of around £300 earns someone an exclusive club scarf and stadium tour for two, while at the other end, putting £800,000 into Watford will earn investors a huge range of benefits including access to a premium box for one game, all three shirts on release day, access to exclusive lounges and an invite to play at Vicarage Road one the season has finished. For the latest Leeds United summer headlines delivered to your inbox - sign up for our free and exclusive newsletter.

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