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LassoCoin Launches with the Premier League in its Sights
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cryptonews.comDisclaimer: The text below is a press release that was not written by Cryptonews.com.
December 20, 2021 — LassoCoin launched last week as the first-ever 100% crypto holder controlled English Football Team. LassoCoin will save a 100+ year old club on the brink of bankruptcy due to COVID, providing the club with capital to develop into a serious contender and earn a promotion to the Premier League.
More than 50% of all English Football Teams are currently for sale, as the pandemic has significantly impacted revenue. Currently, teams rely primarily on ticket revenue and valuations are down sharply from 2019. LassoCoin has already raised over $750,000 and will be able to purchase a team that was selling for over $30 million just a few years ago
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