🏆 What membership in the Premier League means to a club’s finances

Own Watford FC   Dear {NAME}, Over the past few days, we’ve been talking about Watford’s history, facilities, finances, and team. Today, we want to talk about [the Club’s biggest goal](~/AAQRxQA~/RgRoRwcaP0S8aHR0cHM6Ly9yZXB1YmxpYy5jb20vd2F0Zm9yZGZjP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXByZW1pZXJfbGVhZ3VlJnV0bV9jb250ZW50PTJhYmMxOWQ4LWY3NWEtNDBiYi1hNDM2LThhYzM4MDdjNGUwNl9hbGwmdXRtX3Rlcm09d2F0Zm9yZGZjJmxpZD1hNnJxYm84dnlkcnhXA3NwY0IKZmEagmRm8rpIF1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO). Watford have been part of the Premier League for six of the past ten seasons. It’s their target to gain promotion back to the top flight. The Premier League’s reach and impact is unsurpassed. - It’s the richest in the world’s most popular sport opening a wide international fan base. - Average revenues per team increased more than 2x in the last 10 years. - Matches command by far the largest viewership with a cumulative audience of 1.35 billion across 188 countries. - Promoted clubs receive more than $100M in additional broadcast revenue in the first year alone. - Clubs that maintain membership can see their valuations double or triple. Brighton’s valuation stood at $286M after their first season. Six years later, their valuation now sits at $730M. Of course, relegation to a lower league can have the opposite effect on a team. That’s a major reason to never invest more than you’re prepared to lose. See [additional risks](~/AAQRxQA~/RgRoRwcaP0QyaHR0cHM6Ly9yZXB1YmxpYy5jb20vc3BvcnRzLXJpc2tzP2xpZD10ZDd6dnY3NGc0OWVXA3NwY0IKZmEagmRm8rpIF1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO). If you’re interested in supporting Watford in their push for promotion to the Premier League, [go here to learn about the club and their plans](~/AAQRxQA~/RgRoRwcaP0S8aHR0cHM6Ly9yZXB1YmxpYy5jb20vd2F0Zm9yZGZjP3V0bV9zb3VyY2U9cmVwdWJsaWMuY29tJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXByZW1pZXJfbGVhZ3VlJnV0bV9jb250ZW50PTJhYmMxOWQ4LWY3NWEtNDBiYi1hNDM2LThhYzM4MDdjNGUwNl9hbGwmdXRtX3Rlcm09d2F0Zm9yZGZjJmxpZD1qYWYxcHJzbWxtemZXA3NwY0IKZmEagmRm8rpIF1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO). Best regards, Ian Epstein Executive Principal of Republic's Broker-Dealer   [Form](~/AAQRxQA~/RgRoRwcaP4S-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~~)[CRS](~/AAQRxQA~/RgRoRwcaP4S-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~~) [Click here for important information regarding Financial Projections which are not guaranteed.](~/AAQRxQA~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_bGlkPW10cmp1NDFnN3BkYlcDc3BjQgpmYRqCZGbyukgXUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) This email is sent to you by OpenDeal Broker LLC on behalf of the Issuer who is responsible for content. 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Read about [risks](~/AAQRxQA~/RgRoRwcaP0SuaHR0cHM6Ly9yZXB1YmxpYy5jb20vcmlza3M_dXRtX3NvdXJjZT1yZXB1YmxpYy5jbyZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbiU1QiZoZWxsaXAlM0IlNURvZmZlcmluZ19sYXVuY2hlZCZ1dG1fY29udGVudD1ub3RlLTIwMjNfYWxsJnV0bV90ZXJtPW5vdGUtMjAyMyZsaWQ9ZDF0em9tNW1iOGFpVwNzcGNCCmZhGoJkZvK6SBdSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~). Past performance does not predict future results. 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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. 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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. 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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. The following are not “U.S. persons”: (a) Any discretionary account or similar account (other than an estate or trust) held for the benefit or account of a non-U.S. person by a dealer or other professional fiduciary organized, incorporated, or (if an individual) resident in the United States; (b) Any estate of which any professional fiduciary acting as executor or administrator is a U.S. person if: (1) An executor or administrator of the estate who is not a U.S. person has sole or shared investment discretion with respect to the assets of the estate; and (2) The estate is governed by foreign law; (c) Any trust of which any professional fiduciary acting as trustee is a U.S. person, if a trustee who is not a U.S. person has sole or shared investment discretion with respect to the trust assets, and no beneficiary of the trust (and no settlor if the trust is revocable) is a U.S. person; (d) An employee benefit plan established and administered in accordance with the law of a country other than the United States and customary practices and documentation of such country; (e) Any agency or branch of a U.S. person located outside the United States if: (1) The agency or branch operates for valid business reasons; and (2) The agency or branch is engaged in the business of insurance or banking and is subject to substantive insurance or banking regulation, respectively, in the jurisdiction where located; and (f) The International Monetary Fund, the International Bank for Reconstruction and Development, the Inter- American Development Bank, the Asian Development Bank, the African Development Bank, the United Nations, and their agencies, affiliates and pension plans, and any other similar international organizations, their agencies, affiliates and pension plans.   [Adjust your email preferences here.](~/AAQRxQA~/RgRoRwcaP0Q8aHR0cHM6Ly9yZXB1YmxpYy5jb20vc2V0dGluZ3Mvbm90aWZpY2F0aW9ucz9saWQ9ZzVxb2hhNDhrcXU5VwNzcGNCCmZhGoJkZvK6SBdSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~) [Unsubscribe from all emails](~/AAQRxQA~/RgRoRwcaP4QHAmh0dHBzOi8vMDUuZW1haWxpbmJvdW5kcHJvY2Vzc2luZy5jb20vZW5jX3VzZXIvdW5zdWJzY3JpYmU_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~)