ChainCatcher news, according to The Block, the Premier League club Watford is selling about 10% of the club's shares to investors, including fans. Investors will have the option to receive tokens and gain exclusive benefits, as the club plans to facilitate future trading of the tokens. The club will facilitate the equity sale through the investment platform Republic and its European platform Seedrs.It is reported that the funds raised from this sale will be used to finance initiatives aimed at improving the club's performance—particularly in recruitment, training, and coaching for the men's first team. This funding will also be used to develop the club's brand.