⚽ Why fan ownership could soon be a must for every major sports team

Valuations are growing and digital assets are on the rise ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     Newsletter   Hey {NAME}, Sports team ownership has emerged as one of the most attractive asset classes in the modern era with American sports team valuations rising on average 3x to 5x over the last 10 years. True ownership stakes for retail investors are becoming more popular for teams while lowering the barrier to entry for fans. [Beyond Bleachers: Debating Sports’ Financial Future](~/AAQRxQA~/RgRo2AyCP0QtaHR0cHM6Ly95b3V0dS5iZS9LbXV0UEdlbFpDND9saWQ9N29kZTkwMTYwZjQwVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~), a recent conversation moderated by Football Cafe co-founder and former NBC Sports Premier League analyst Kyle Martino and featuring Republic’s Global Head of Capital Markets Ian Epstein and Sharp Alpha Advisors Managing Partner Lloyd Danzig, highlights how sports industry faces ownership stakes continue to evolve. [[ratio] Â](~/AAQRxQA~/RgRo2AyCP0QraHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1LbXV0UEdlbFpDNFcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) During this conversation you’ll learn: - Why fan ownership could soon be a must for teams in every American sports league - The pattern driving the rapid growth of women’s sports (and why it’s set to continue) - The battle between broadcast and streaming for valuable tv rights - The new models for stadium development that both cities and owners are buying into [Watch the entire conversation here.](~/AAQRxQA~/RgRo2AyCP0QtaHR0cHM6Ly95b3V0dS5iZS9LbXV0UEdlbFpDND9saWQ9dmFnbmowYWNhNzBtVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~)   ~/AAQRxQA~/RgRo2AyCP0S4aHR0cHM6Ly9yZXB1YmxpYy5jb20vd2F0Zm9yZGZjP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT13YXRmb3JkZmMmbGlkPWhwNHRqYXdqb3k5clcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~ [Watford](~/AAQRxQA~/RgRo2AyCP0S4aHR0cHM6Ly9yZXB1YmxpYy5jb20vd2F0Zm9yZGZjP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT13YXRmb3JkZmMmbGlkPWdhbzVmMTA0YmpwZlcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) is a giant step forward in sports team ownership. The club boasts the highest commercial revenue growth of any European football club over the last five seasons. They brought in what is believed to be the highest pre-tax profit at the Championship level two seasons ago. And now they’re fighting hard to return to football’s top flight, the Premier League.   ~/AAQRxQA~/RgRo2AyCP0S2aHR0cHM6Ly9yZXB1YmxpYy5jb20vcHJlc3NtYW4_dXRtX3NvdXJjZT1yZXB1YmxpYy5jb20mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlciZ1dG1fY29udGVudD04ZTMyMTIyMi00MTA3LTRiMTMtOGZhNC1kYzdhMTI0ODVhMDlfYWxsJnV0bV90ZXJtPXByZXNzbWFuJmxpZD0wejhta3FrNXgweHNXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO ~/AAQRxQA~/RgRo2AyCP0QuaHR0cHM6Ly9yZXB1YmxpYy5jb20vcHJlc3NtYW4_bGlkPXEwZ2k5dzAzODFuelcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~~/AAQRxQA~/RgRo2AyCP0S2aHR0cHM6Ly9yZXB1YmxpYy5jb20vcHJlc3NtYW4_dXRtX3NvdXJjZT1yZXB1YmxpYy5jb20mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlciZ1dG1fY29udGVudD04ZTMyMTIyMi00MTA3LTRiMTMtOGZhNC1kYzdhMTI0ODVhMDlfYWxsJnV0bV90ZXJtPXByZXNzbWFuJmxpZD1zdmE5dDA3YXJpZ2pXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO~/AAQRxQA~/RgRo2AyCP0QuaHR0cHM6Ly9yZXB1YmxpYy5jb20vcHJlc3NtYW4_bGlkPXo4NnAwNDNyd294MlcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~~/AAQRxQA~/RgRo2AyCP0S2aHR0cHM6Ly9yZXB1YmxpYy5jb20vcHJlc3NtYW4_dXRtX3NvdXJjZT1yZXB1YmxpYy5jb20mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlciZ1dG1fY29udGVudD04ZTMyMTIyMi00MTA3LTRiMTMtOGZhNC1kYzdhMTI0ODVhMDlfYWxsJnV0bV90ZXJtPXByZXNzbWFuJmxpZD1mZWZ1cDBqZGs3YzRXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO[Pressman Films](~/AAQRxQA~/RgRo2AyCP0S2aHR0cHM6Ly9yZXB1YmxpYy5jb20vcHJlc3NtYW4_dXRtX3NvdXJjZT1yZXB1YmxpYy5jb20mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlciZ1dG1fY29udGVudD04ZTMyMTIyMi00MTA3LTRiMTMtOGZhNC1kYzdhMTI0ODVhMDlfYWxsJnV0bV90ZXJtPXByZXNzbWFuJmxpZD10c3l1YWViaDNibWlXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) has brought in $2B+ in present-day box office receipts in the course of the company’s storied career. Their 100+ films include classics by Oliver Stone, Brian DePalma, Terrence Malick, and Kathryn Bigelow. And now they’re working on a new slate of films aimed to create more epic franchises.   ~/AAQRxQA~/RgRo2AyCP0SyaHR0cHM6Ly9yZXB1YmxpYy5jb20vbnBjeDIwMjQ_dXRtX3NvdXJjZT1yZXB1YmxpYy5jb20mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlciZ1dG1fY29udGVudD04ZTMyMTIyMi00MTA3LTRiMTMtOGZhNC1kYzdhMTI0ODVhMDlfYWxsJnV0bV90ZXJtPW5wY3gmbGlkPTg1Mnd2a242NnFpM1cDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~ [NPC](~/AAQRxQA~/RgRo2AyCP0SyaHR0cHM6Ly9yZXB1YmxpYy5jb20vbnBjeDIwMjQ_dXRtX3NvdXJjZT1yZXB1YmxpYy5jb20mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlciZ1dG1fY29udGVudD04ZTMyMTIyMi00MTA3LTRiMTMtOGZhNC1kYzdhMTI0ODVhMDlfYWxsJnV0bV90ZXJtPW5wY3gmbGlkPXNrZ2I2dWZqMHkyZ1cDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~)x’s first clients are Netflix and three AAA game studios. Their proprietary AI can analyze and recreate animated 3D characters in real-time. The potential applications stretch across a range of mediums, including sports betting and entertainment. Their technology can even recreate the motions of legendary athletes and bring them back to life in 3D. Their founders come from business development at Sony, Microsoft, and Nintendo; one even spent seven years alongside James Cameron working on the Avatar franchise. And they’re poised to help redefine entertainment in a 3D animation market predicted to grow to $39.6B by 2028.errence Malick, and Kathryn Bigelow. And now they’re working on a new slate of films aimed to create more epic franchises.   ~/AAQRxQA~/RgRo2AyCP0SsaHR0cHM6Ly9yZXB1YmxpYy5jb20vaXAzP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT1pcDMmbGlkPWw3MXNuZmF1b3hrZ1cDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~ [IP3](~/AAQRxQA~/RgRo2AyCP0SsaHR0cHM6Ly9yZXB1YmxpYy5jb20vaXAzP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT1pcDMmbGlkPTd4MGV5Yndub2Y1aFcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~)’s founders built one of the most famous franchises in the world. That franchise - Batman - is worth $28B. Now they’re trying to help other entertainment franchises reach this level of cultural stardom—and financial success. Their incubator ecosystem gives projects support in every facet of the entertainment industry, from operations and marketing to brand collaborations and gaming. And they have the chops to prove it: their team includes former execs from Marvel Entertainment, Amazon Studios, and Stan Lee Universe.   ~/AAQRxQA~/RgRo2AyCP0S4aHR0cHM6Ly9yZXB1YmxpYy5jb20vdHJpb3Njb3BlP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT10cmlvc2NvcGUmbGlkPWE4Mm5ibDlxa3Nha1cDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~ [Trioscope](~/AAQRxQA~/RgRo2AyCP0S4aHR0cHM6Ly9yZXB1YmxpYy5jb20vdHJpb3Njb3BlP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT10cmlvc2NvcGUmbGlkPWNmZmJwdnBwajZ0NlcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) is already in business with Sony, Netflix, CBS, and A&E. They’ve earned $20M in revenue over the last three years working with the likes of George RR Martin, Mike Judge, Sofia Vergara, Ethan Hawke, and Quavo. Their multiple revenue streams come from licensing, animation, and by financing series that are sold to streaming services. As The Hollywood Reporter frames it, Trioscope’s "computer-generated blending of animation and live performance, is consistently interesting and, at its best, eye-popping.”   ~/AAQRxQA~/RgRo2AyCP0TEaHR0cHM6Ly9yZXB1YmxpYy5jb20vaG91c2VwaWNrbGViYWxsP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT1ob3VzZXBpY2tsZWJhbGwmbGlkPXZ4M3k2bjRxZTQzYVcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~ [House Pickleball](~/AAQRxQA~/RgRo2AyCP0TEaHR0cHM6Ly9yZXB1YmxpYy5jb20vaG91c2VwaWNrbGViYWxsP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9OGUzMjEyMjItNDEwNy00YjEzLThmYTQtZGM3YTEyNDg1YTA5X2FsbCZ1dG1fdGVybT1ob3VzZXBpY2tsZWJhbGwmbGlkPWR0ZWp6NHZhc2k5MFcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) has been the go-to custom paddle maker for Wal-Mart, Cheez-It, and Barbour. They’ve produced 1,200 paddles for community events in a global pickleball market predicted to grow to $3.8B by 2032. Bonus perks include custom paddles!   [Instagram](~/AAQRxQA~/RgRo2AyCP0Q-aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9qb2lucmVwdWJsaWMvP2hsPWVuJmxpZD12dzJyZ2FseHMyNHBXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) [LinkedIn](~/AAQRxQA~/RgRo2AyCP0RHaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvcmVwdWJsaWMuY28vbXljb21wYW55P2xpZD1vMWozazE1cmhidXhXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) [X](~/AAQRxQA~/RgRo2AyCP0QxaHR0cHM6Ly90d2l0dGVyLmNvbS9qb2lucmVwdWJsaWM_bGlkPWlnMjJhamkwcmZ6ZVcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) [YouTube](~/AAQRxQA~/RgRo2AyCP0RJaHR0cHM6Ly93d3cueW91dHViZS5jb20vY2hhbm5lbC9VQ21QdUNNbzhmVk50cTRJeHdPX291V0E_bGlkPWxpNnBia2EwMXNjZ1cDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) ~/AAQRxQA~/RgRo2AyCP0RXaHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS91cy9hcHAvcmVwdWJsaWMtaW52ZXN0LWluLXN0YXJ0dXBzL2lkMTQ3NTIzMDAyMj9saWQ9cWplYzg1b3QxbGtiVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~ ~/AAQRxQA~/RgRo2AyCP0RaaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5yZXB1YmxpY21vYmlsZSZobD1lbl9VUyZsaWQ9cDA2MTRlZWVhbDZnVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~   Private equity investing could be risky—[learn more.](~/AAQRxQA~/RgRo2AyCP0QraHR0cHM6Ly9yZXB1YmxpYy5jb20vcmlza3M_bGlkPWluYWFqc2hod3Azb1cDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) Investment in films and other entertainment properties carries specific risks. [See more details here.](~/AAQRxQA~/RgRo2AyCP0QwaHR0cHM6Ly9yZXB1YmxpYy5jb20vZmlsbS1yaXNrcz9saWQ9bmw3NTl5eDNnd3N2VwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~) Crowdfunding investments can result in total loss, and may be impossible to resell. Read about risks. This brief should not be construed as investment advice. Always consult with trusted professional advisors before making investments. Private investments are inherently illiquid and may result in total loss. Not FDIC or SIPC insured. Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply. 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OpenDeal Broker LLC is compensated via cash commission by The Watford Association Football Club Limited(The Watford Association Football Club Limited). The Watford Association Football Club Limited will pay OpenDeal Broker LLC five percent (5.0%) of the dollar value of the securities, with a minimum fee to ODB of $75,000 per Offering, as well as five percent (5.0%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing. Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply. Not FDIC or SIPC insured. This offering is facilitated by OpenDeal Broker LLC. ([BrokerCheck Website](~/AAQRxQA~/RgRo2AyCP0RCaHR0cHM6Ly9icm9rZXJjaGVjay5maW5yYS5vcmcvZmlybS9zdW1tYXJ5LzI5MTM4Nz9saWQ9cnFpdWNmbnY3a3BiVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~)) This offering is in equity issued by company The Watford Association Football Club Limited. This is a speculative, risky investment and may be illiquid or pricing may substantially fluctuate in value. You may lose money.  Participation or registering for this offering is non-binding. Recipients of this message are not obligated to invest. The Watford Association Football Club Limited plans to use a tool called a Security Instruction Token (“SIT”) to facilitate transfer of the Equity. After the Offering closes, The Watford Association Football Club Limited may mint SITs and investors have the option to claim their respective SITs associated with the security which shall be held in their respective Republic wallets. Investors in this offering will be restricted from selling their investments based upon lock-up periods. SITs may trade at lower prices on public exchanges than the price of the equity purchased in this offering  There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees. This notice is presented by the Issuer, who is responsible for its content and delivery. This Issuer is based outside of the United States and its territories, and therefore, any U.S. legal protections are diminished. Neither OpenDeal Broker LLC nor Republic Advisory Services nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by The Watford Association Football Club Limited or its affiliated companies. This web page may contain external links to third-party content (content hosted on sites unaffiliated with OpenDeal Broker LLC or Republic Advisory Services), and neither OpenDeal Broker LLC nor Republic Advisory Services nor any of their affiliates makes any representations whatsoever regarding any third-party content/sites that may be accessible directly or indirectly from this post. Linking to any such third-party sites in no way implies or constitutes an endorsement or affiliation of any kind between OpenDeal Broker LLC or Republic Advisory Services (or any of its affiliates) and any third-party. OpenDeal Broker LLC and Republic Advisory Services are subsidiaries within a family of companies owned by OpenDeal Inc. (together sometimes referred to as “Republic”). Republic and its affiliates do not provide tax, accounting or legal advice — all recipients are advised to consult with their own advisor.  ---------------------------------------------------------------  Note: This notice is presented by the Issuer who is responsible for its content and delivery.  This brief should not be construed as investment advice. Always consult with trusted professional advisors before making investments. Private investments are inherently illiquid and may result in total loss.  Investors should verify any issuer information they consider important before making an investment. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.  Confidentiality Note: The information contained in this email message and any attachments is legally privileged and confidential information intended only for the use of the individual or entity to whom it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of this message or its attachments is strictly prohibited. If you have received this email in error, please immediately notify us by telephone, fax, or email and delete the message.  Not Legal Advice: The content of this email is for informational purposes only and not for the purpose of providing legal advice. OpenDeal Broker LLC does not provide legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use of and access to this email does not create an attorney-client relationship between OpenDeal Broker LLC and anyone. The opinions expressed at or through this email are the opinions of the individual author and may not reflect the opinions of OpenDeal Broker LLC. Disclaimer: This email does not constitute an agreement to conduct transactions by electronic means and does not create any legally binding contract or enforceable obligation in the absence of a fully signed written contract. OpenDeal Broker LLC is a registered broker-dealer and member of FINRA and SiPC (BrokerCheck website). Investment opportunities are not issued or guaranteed by OpenDeal Broker LLC. Neither the Securities and Exchange Commission nor any federal or state securities regulator has recommended or approved any investment opportunity or the accuracy or completeness of any information or materials provided herein. OpenDeal Broker LLC makes no representations or warranties as to the accuracy of the information herein, and we accept no liability for the same. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal, and financial advisers. 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OpenDeal Broker LLC is located at 149 5th Ave, 10th Fl New York, NY 10010 Certain information set forth in this copy contains “forward-looking information” under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of The Watford Association Football Club Limited; (ii) completion of, and the use of proceeds from, the sale being offered hereunder; (iii) the expected development of The Watford Association Football Club Limited's business, projects, and joint ventures; (iv) execution of The Watford Association Football Club Limited's vision and growth strategy, including global growth; (v) sources and availability of third-party financing for the The Watford Association Football Club Limited's projects; (vi) completion of The Watford Association Football Club Limited projects that are currently underway, in development or otherwise under consideration; (vi) renewal of The Watford Association Football Club Limited's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.  These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.  Although forward-looking statements contained in this presentation are based upon what management of The Watford Association Football Club Limited believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Watford Association Football Club Limited undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. THIS OFFERING IS CONDUCTED PURSUANT TO RULE 506(C) OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT AND IS LIMITED SOLELY TO ACCREDITED INVESTORS AS DEFINED IN REGULATION D UNDER THE SECURITIES ACT. ONLY PERSONS OF ADEQUATE FINANCIAL MEANS WHO HAVE NO NEED FOR PRESENT LIQUIDITY WITH RESPECT TO THIS INVESTMENT SHOULD CONSIDER PURCHASING THE EQUITY OFFERED HEREBY BECAUSE: (I) AN INVESTMENT IN THE EQUITY INVOLVES A NUMBER OF SIGNIFICANT RISKS; AND (II) NO MARKET FOR THE EQUITY CURRENTLY EXISTS, AND EVEN IF ONE WERE TO DEVELOP, THE EQUITY OFFERED HEREBY ARE SUBJECT TO TRANSFER RESTRICTIONS AS DESCRIBED HEREIN. THIS OFFERING IS INTENDED TO BE AN OFFERING THAT IS EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.  This Offering is limited solely to Purchasers who are “accredited investors” as defined in Regulation D. To be eligible to participate in the Offering, you will be required to represent to the Company in writing that you are an accredited investor and must have provided a third-party certification attesting to such status as required by Rule 506(c). You must also represent in writing that you are (i) purchasing the Subscription Agreements for your own account and not for the account of others and not with a view of reselling or distributing the Equity, (ii) not from countries which the Office of Foreign Assets Control has deemed a “sanctioned” country.  In order to qualify as an “accredited investor,” a potential Purchaser must meet one of the following conditions of the date on which the Subscription Agreement is executed and as of the date of the purchase: (i) individual – Income Test. An individual who had an income in excess of $200,000 in each of the two most recent years (or joint income with his or her spouse in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year; (ii) Individual – Net-Worth Test. An individual who has a net worth (or joint net worth with his or her spouse) in excess of $1,000,000 (excluding the value of such individual’s primary residence); (iii) IRA or Revocable Company. An Individual Retirement Account (“IRA”) or revocable Company and the individual who established the IRA or each grantor of the Company is an accredited investor on the basis of (i) or (ii) above; (iv) Self-Directed Pension Plan. A self-directed pension plan and the participant who directed that assets of his or her account be invested in the Partnership is an accredited investor on the basis of (i) or (ii) above and such participant is the only participant whose account is being invested in the Partnership; (v) Other Pension Plan. A pension plan which is not a self-directed plan and which has total assets in excess of $5,000,000; (vi) Irrevocable Company. An irrevocable Company which consists of a single Company (a) with total assets in excess of $5,000,000, (b) which was not formed for the specific purpose of investing in the Partnership, and (c) whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment; (vii) Corporations and Other Entities in General. A corporation, partnership, limited liability Company or Massachusetts or similar business Company, that was not formed for the specific purpose of acquiring an interest in the Partnership, and which has total assets in excess of $5,000,000; or (viii) Entity Owned by Accredited Investors. An entity in which all of the equity owners are accredited investors. OpenDeal Broker LLC is a New York limited liability company. Neither OpenDeal Broker LLC nor Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by the Company.   [Adjust your email preferences here.](~/AAQRxQA~/RgRo2AyCP0Q8aHR0cHM6Ly9yZXB1YmxpYy5jb20vc2V0dGluZ3Mvbm90aWZpY2F0aW9ucz9saWQ9ZWF0Zzc3OTBqZnJqVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~) [Unsubscribe from all emails](~/AAQRxQA~/RgRo2AyCP4QVAmh0dHBzOi8vMDUuZW1haWxpbmJvdW5kcHJvY2Vzc2luZy5jb20vZW5jX3VzZXIvdW5zdWJzY3JpYmU_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-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~) [Form CRS](~/AAQRxQA~/RgRo2AyCP0TmaHR0cHM6Ly9jbGlja3MucmVwdWJsaWMuY28vZi9hL05sdnJfNi1aWmMwRUNsVlh0bFc2M0F-fi9BQVFSeFFBfi9SZ1JvUVJjd1AwUXlhSFIwY0hNNkx5OW1hV3hsY3k1aWNtOXJaWEpqYUdWamF5NW1hVzV5WVM1dmNtY3ZZM0p6WHpJNU1UTTROeTV3WkdaWEEzTndZMElLWmxVd2tsNW1CZGx4akZJWmMyaGxjbTFoYVc1bExtOXVaMEJ5WlhCMVlteHBZeTVqYjFnRUFBQUJ6Z35-P2xpZD11cTVsNTZ5ZzUzMXNXA3NwY0IKZvSCh_VmRv4_9lIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO):[Client Relationship Summary.](~/AAQRxQA~/RgRo2AyCP0RDaHR0cHM6Ly9maWxlcy5icm9rZXJjaGVjay5maW5yYS5vcmcvY3JzXzI5Nzc5Ny5wZGY_bGlkPTNvbnRlbTUxOXVsbVcDc3BjQgpm9IKH9WZG_j_2Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by OpenDeal Broker LLC dba the Capital R (“ODB”) or Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) or any of their affiliates. OpenDeal Broker LLC is compensated via cash commission by The Watford Association Football Club Limited(The Watford Association Football Club Limited). The Watford Association Football Club Limited will pay OpenDeal Broker LLC five percent (5.0%) of the dollar value of the securities, with a minimum fee to ODB of $75,000 per Offering, as well as five percent (5.0%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing. Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply. Not FDIC or SIPC insured. This offering is facilitated by OpenDeal Broker LLC. ([BrokerCheck Website](~/AAQRxQA~/RgRo2AyCP0RCaHR0cHM6Ly9icm9rZXJjaGVjay5maW5yYS5vcmcvZmlybS9zdW1tYXJ5LzI5MTM4Nz9saWQ9OHBwaHJwYXQzczBoVwNzcGNCCmb0gof1Zkb-P_ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~)) This offering is in equity issued by company The Watford Association Football Club Limited. This is a speculative, risky investment and may be illiquid or pricing may substantially fluctuate in value. You may lose money.  Participation or registering for this offering is non-binding. Recipients of this message are not obligated to invest. The Watford Association Football Club Limited plans to use a tool called a Security Instruction Token (“SIT”) to facilitate transfer of the Equity. After the Offering closes, The Watford Association Football Club Limited may mint SITs and investors have the option to claim their respective SITs associated with the security which shall be held in their respective Republic wallets. Investors in this offering will be restricted from selling their investments based upon lock-up periods. SITs may trade at lower prices on public exchanges than the price of the equity purchased in this offering  There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees. This notice is presented by the Issuer, who is responsible for its content and delivery. This Issuer is based outside of the United States and its territories, and therefore, any U.S. legal protections are diminished. Neither OpenDeal Broker LLC nor Republic Advisory Services nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by The Watford Association Football Club Limited or its affiliated companies. This web page may contain external links to third-party content (content hosted on sites unaffiliated with OpenDeal Broker LLC or Republic Advisory Services), and neither OpenDeal Broker LLC nor Republic Advisory Services nor any of their affiliates makes any representations whatsoever regarding any third-party content/sites that may be accessible directly or indirectly from this post. Linking to any such third-party sites in no way implies or constitutes an endorsement or affiliation of any kind between OpenDeal Broker LLC or Republic Advisory Services (or any of its affiliates) and any third-party. OpenDeal Broker LLC and Republic Advisory Services are subsidiaries within a family of companies owned by OpenDeal Inc. (together sometimes referred to as “Republic”). Republic and its affiliates do not provide tax, accounting or legal advice — all recipients are advised to consult with their own advisor.  ---------------------------------------------------------------  Note: This notice is presented by the Issuer who is responsible for its content and delivery.  This brief should not be construed as investment advice. Always consult with trusted professional advisors before making investments. Private investments are inherently illiquid and may result in total loss.  Investors should verify any issuer information they consider important before making an investment. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.  Confidentiality Note: The information contained in this email message and any attachments is legally privileged and confidential information intended only for the use of the individual or entity to whom it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of this message or its attachments is strictly prohibited. If you have received this email in error, please immediately notify us by telephone, fax, or email and delete the message.  Not Legal Advice: The content of this email is for informational purposes only and not for the purpose of providing legal advice. OpenDeal Broker LLC does not provide legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use of and access to this email does not create an attorney-client relationship between OpenDeal Broker LLC and anyone. The opinions expressed at or through this email are the opinions of the individual author and may not reflect the opinions of OpenDeal Broker LLC. Disclaimer: This email does not constitute an agreement to conduct transactions by electronic means and does not create any legally binding contract or enforceable obligation in the absence of a fully signed written contract. OpenDeal Broker LLC is a registered broker-dealer and member of FINRA and SiPC (BrokerCheck website). Investment opportunities are not issued or guaranteed by OpenDeal Broker LLC. Neither the Securities and Exchange Commission nor any federal or state securities regulator has recommended or approved any investment opportunity or the accuracy or completeness of any information or materials provided herein. OpenDeal Broker LLC makes no representations or warranties as to the accuracy of the information herein, and we accept no liability for the same. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal, and financial advisers. 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OpenDeal Broker LLC is located at 149 5th Ave, 10th Fl New York, NY 10010 Certain information set forth in this copy contains “forward-looking information” under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of The Watford Association Football Club Limited; (ii) completion of, and the use of proceeds from, the sale being offered hereunder; (iii) the expected development of The Watford Association Football Club Limited's business, projects, and joint ventures; (iv) execution of The Watford Association Football Club Limited's vision and growth strategy, including global growth; (v) sources and availability of third-party financing for the The Watford Association Football Club Limited's projects; (vi) completion of The Watford Association Football Club Limited projects that are currently underway, in development or otherwise under consideration; (vi) renewal of The Watford Association Football Club Limited's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.  These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.  Although forward-looking statements contained in this presentation are based upon what management of The Watford Association Football Club Limited believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Watford Association Football Club Limited undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. THIS OFFERING IS LIMITED SOLELY TO NON-U.S. PERSONS WHO ARE NOT PURCHASING FOR THE ACCOUNT OR BENEFIT OF A U.S. PERSON AS DEFINED UNDER REGULATION S. ONLY PERSONS OF ADEQUATE FINANCIAL MEANS WHO HAVE NO NEED FOR PRESENT LIQUIDITY WITH RESPECT TO THIS INVESTMENT SHOULD CONSIDER PURCHASING THE  EQUITY OFFERED HEREBY BECAUSE: (I) AN INVESTMENT IN THE EQUITY INVOLVES A NUMBER OF SIGNIFICANT RISKS (II) NO MARKET FOR THE EQUITY CURRENTLY EXISTS, AND EVEN IF ONE WERE TO DEVELOP, THE EQUITY OFFERED HEREBY ARE SUBJECT TO TRANSFER RESTRICTIONS AS DESCRIBED HEREIN. THIS OFFERING IS INTENDED TO BE AN OFFERING THAT IS EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. This Offering is limited solely to Purchasers who are not “U.S. persons,” as defined in Regulation S. To be eligible to participate in the Offering, you will be required to represent to the Company in writing that you are a non-U.S. person under Regulation S purchasing in an offshore transaction. You must also represent in writing that you are (i) purchasing the Subscription Agreements for your own account and not for the account of others and not with a view of reselling or distributing the Equity, (ii) not from countries which the Office of Foreign Assets Control has deemed a “sanctioned” country. Each Purchaser must be a non-U.S. Person who is not purchasing for the account or benefit of a “U.S. Person” as defined under Regulation S under the Securities Act. A U.S. Person means any one of the following: (a) any U.S. Citizen; (b) any natural person resident in the United States of America; (c) any partnership or corporation organized or incorporated under the laws of the United States of America; (d) any estate of which any executor or administrator is a U.S. person; (e) any trust of which any trustee is a U.S. person; (f) any agency or branch of a foreign entity located in the United States of America; (g)any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. Person; (h) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated or (if an individual) resident in the United States of America; and (i) any partnership or corporation if: (1) organized or incorporated under the laws of any foreign jurisdiction; and (2) formed by a U.S. Person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a) under the Securities Act) who are not natural persons, estates or trusts. 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