Crawley Town: US cryptocurrency investors WAGMI United complete takeover of club

A group of US investors have taken over the club.

The group wants power fans to take a personal stake in telling their team's story and shaping its future.

The Reds have 51 points from 39 games.

The club's chairman and owner Ziya Eren and chief executive Erdem Konyar are to leave the board.

"Crawley Town Football Club is a club with more than 125 years of rich history that we revere and respect," said Johnson.

A conventional approach to ownership has not worked and the club is losing hundreds of thousands of pounds while its fans suffer through year after year of mediocre results on the pitch.

We are going to shake up the status quo, try out some new ideas, and build a worldwide community of fans new and old that can be excited to cheer on the Red Devils together.

Should they fail to achieve promotion to League One by the end of their second season, Johnson and Smith will assume roles as club directors and fans will be able to decide if they continue in those roles.

It's not clear if the group intends to introduce NFTs in the same way that was planned at Bradford.

The president of the NBA's Philadelphia 76ers, a businessman and a TikTok personality are part of the group.

John Yems is the first team manager.

We hope that we can continue the progress we have made and take the club forward.