RATE Group | Cryptocurrency group claims it wants to buy Perth Glory and form ‘CFG-style’ portfolio
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Cryptocurrency group claims it wants to buy Perth Glory and form ‘CFG-style’ portfolio

12 Feb Cryptocurrency group claims it wants to buy Perth Glory and form ‘CFG-style’ portfolio

Posted at 03:36h in Cryptocurrency News by

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Cryptocurrency and sports investment group London Football Exchange wants to buy Australian A-League football club Perth Glory, with a view to building a larger, global portfolio of clubs, according to Glory owner and chairman Tony Sage.

Sage, who was appointed chairman of LFE’s ‘Football Group project’ last month, told Australian radio outlet 6PR that the company wants to buy seven teams, which he will manage. The first step is to be the 80-per-cent stake in Perth Glory owned by Sage.

LFE is based in London and describes itself as “a financial, technology, media and entertainment group that operates in various spheres derived from the professional sporting arena, mainly association football with multi-sport ambitions”. Its website says it is involved in various projects and activities, including a cryptocurrency token to be used by fans to buy tickets, merchandise and other football-related products; and football club financing.

6PR reported that Sage said:…

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