Thread by @PeterMcCormack

NEWS: I can announce that I have agreed on a deal to acquire Bedford FC from their current chairman Lui.

There is a lot to cover and I will do my best in this thread. If you want to follow:
- Twitter: @realbedford
- Website: realbedford.com

1/n

2/ This acquisition is part of a childhood dream to own a local Bedford club. We don't have a big club where I live and I've always wanted to bring league football to the town.

I am taking over as Chairman but Lui is going to stay on until the end of the season and support me.

3/ So what is the plan? To get our club into the Premier League, 9 promotions...
...I am a bitcoiner, we aim big. If we can separate money and state, we can get a football club into the Premier League.

4/ I expect to be laughed at and told we can't. I expect people will tell me stories of how other people have tried this and failed. I don't care, we can do this and I will put everything I have into it.

We have so much leverage...

5/ It is all about winning games, to win games you need the best players and managers. To afford the best players and managers you need to be commercially successful.

I will establish our club as the #bitcoin club, a team that operates on a #bitcoin standard.

6/ There are two specific phases to this:
- Local: getting the team to the National League
- National: getting the team into the Premier League

Both phases require a different strategy, but ultimately we need to be commercially successful.

7/ The following chart is a guide as to the range of running costs per team, per league.

Based on the sponsorships I have already sold and interest in our merchandise. Our year 1 revenue could match a small league 1 club.

We can therefore afford the best players and managers.

8/ Where local teams can only tap into a local community of fans/companies to drive revenue, we have a global army of #bitcoin holders and companies who can get behind this.

9/ We have so much leverage.

An army of 150m #bitcoin holders and companies can be part of this journey.

I can also leverage my platform and audience.

10/ The second phase is attacking the higher divisions, specifically the Championship & the Premier League. Here we need capital as well as a sustainable commercial model.

I will be raising funds to hold in a #bitcoin treasury. If #bitcoin does its things...

11/ Let's not let FTX, Crypto.com and Ryan Reynolds have all the fun...
...3.5bn people watch the Premier League alone, we can use this to communicate a #bitcoin standard.

12/ Right now I am pitching sponsors and preparing to sell merchandise and jerseys from January.

The design here is a mockup for the club jerseys. I'll be tapping you all up to buy them :)

13/ So... if you want to get behind this, here is what you can do:
- Follow @realbedford
- Sign up for the newsletter at realbedford.com

If you are interested in being an investor or sponsor then email [e-mail].

14/ Thank you to everyone who has supported me so far. I couldn't be more excited about this.

LFG ☠️⚽️🚀

#believe