[A fan consortium named Red Devils United wants to make an official bid for Manchester United through NFT and other financing methods] Red Devils United, a fan-led consortium, announced that they are "making" an official bid for Manchester United.
They hope to use "the collective strength of Manchester United fans to regain control of the club they love."
The bid was jointly funded by fans and private investors, and fans who supported the bid were asked to buy nft in exchange for membership and some decision-making control.
Lorenzo Alessi of Red Devils United said: "The mission behind the Red Devils United is to reform and democratize elite sports ownership by giving fans a say in the highest level of competition. “
A large part of the organization’s funds will come from donations from fans, which the organization claims will not require the purchase of cryptocurrency. Manchester United have not yet learned this fact.
The organization said: "This will be the first time the club has heard of this project. We will send the details of this proposal to Manchester United and invite the club, their representatives and fans to ask questions. "
