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Cameron and Tyler Winklevoss will become co-owners of Real Bedford.
BBC HomepageSkip to contentAccessibility HelpYour accountNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityEnglandLocal NewsRegionsBeds, Herts & BucksBillionaire twins invest in ninth-tier football clubImage source, Getty ImagesImage caption, Tyler and Cameron Winklevoss will become co-owners of the clubDanny FullbrookBBC News, BedfordshirePublished12 April 2024, 20:29 BSTUpdated 1 hour agoA non-league football club has received an injection of $4.5m (about £3.6m) from a pair of cryptocurrency investors.Real Bedford FC (RBFC) received the Bitcoin investment from Winklevoss Capital, an investment firm owned by Gemini founders Cameron and Tyler Winklevoss.Podcaster Peter McCormack bought the side, currently in the ninth tier of English football, in 2021 with the goal of turning it into a Premier League club.Following the investment the twins will assume the role of co-owners of the club alongside the cryptocurrency podcaster.Image caption, Peter McCormack bought Bedford FC in 2021 and renamed it Real BedfordAnalysis: Shiona McCallum, BBC Senior Technology ReporterThe Winklevoss brothers are pretty familiar with controversy. They famously accused Facebook founder Mark Zuckerberg of stealing the idea for his site from them when they were all at Harvard together.Following a lengthy lawsuit, eventually the twins received a settlement that included a whopping $20m (£16m) in cash and shares in the company.You might remember it all playing out in the 2010 Oscar-winning film The Social Network. Well, since then the pair have been carrying the flag for cryptocurrencies, and are two of the world’s first well-known Bitcoin billionaires.Not only do Tyler and Cameron own an enormous number of Bitcoins, they also built a crypto exchange called Gemini which is, essentially, a stock exchange for crypto coins.But that endeavour hasn’t been plain sailing, either; just this year they were ordered to return more than $1bn (£800m) to customers due to a defunct lending programme and pay a large fine for unsafe and unsound practices.It’ll be interesting to see how their fortunes fare when it comes to football but it’s really not a bad time for Bitcoin right now. Its value has risen to an all-time high in recent weeks.’Investing in a dream’Gemini started its sponsorship of the club in January 2022.The investment will be used for the development of a new training centre, the launch of a football academy for new talent and to continue supporting girls and youth football.The club said the funds would also be used to establish “a Bitcoin treasury to secure the club’s long-term ambitions”.Tyler Winklevoss said he was excited to work alongside Mr McCormack as a co-owner.“We share in Peter’s deep conviction in Bitcoin and its ability to supercharge RBFC’s quest to make it into the Premier League,” he said.His brother added: “We’re not just investing in a football club. We’re investing in a dream to bring Premier League football to Bedford.”RBFC currently sit at the top of the Spartan South Midlands Football League Premier Division.Mr McCormack said: “The backing from Tyler and Cameron will allow us to continue investing in Bedford and the local community.”Follow East of England news on Facebook, external, Instagram, external and X, external. Got a story? Email eastofenglandnews@bbc.co.uk, external or WhatsApp us on 0800 169 1830Related TopicsBedfordBitcoinCryptocurrencyRelated Internet LinksReal Bedford Football ClubMore about Real Bedford’People don’t like football teams being successful’AttributionSportPublished24 August 2022Non-league club has gone global, says new ownerPublished21 January 2022From other local news sitesHere’s the reason Police helicopter flew over Letchworth and surrounding areas for several hours on Thursday eveningExternalLetchworth Nub NewsChesham vape shop and off-licence sparks complaintsExternalBucks Free PressThames Water sewage flow into Chesham’s River Chess lasts 1,000 hours – and countingExternalBucks Free PressMan shot at police sent to arrest him over plot to import cannabis from AmericaExternalTimes SeriesFour jailed for shooting girls, 7 and 11, outside Euston funeralExternalTimes SeriesPolice helicopter involved in Hitchin search for Arlesey shooting suspectExternalHitchin CometInformation about BBC links to other news sitesTop StoriesAngela Rayner: I will step down if I committed criminal offencePublished1 hour ago’Don’t’ – Biden warns Iran against attacking IsraelPublished21 minutes agoEx-Post Office boss regrets ‘subbies with their hand in the till’ emailPublished7 hours agoFeaturesSuicide is on the rise for young Americans. 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[ad_1] Jury selection is under way in Donald Trump’s New York City hush-money trial, with hundreds of people selected as potential jurors. They must answer a questionnaire to determine, among…
BBC HomepageSkip to contentAccessibility HelpYour accountNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityUKEnglandN. IrelandScotlandAlbaWalesCymruIsle of ManGuernseyJerseyLocal NewsFirst product of Meghan’s lifestyle brand revealedPublished11 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, ReutersImage caption, Meghan pictured at a polo match in Florida last weekBy Sean CoughlanRoyal correspondentA first glimpse of the new business venture from the Duchess of Sussex has been teased on social media, with pictures of a jar of strawberry jam.In a bid to preserve a sense of mystery, the jam from the new American Riviera Orchard brand seemed to be spread among friends and influencers.Fashion designer Tracy Robbins posted a picture of the jam on Instagram.It was numbered “17 of 50”, suggesting the number of recipients of this first fruit of the new business.The arrival of Meghan’s new California-based lifestyle brand had been signalled on social media last month and this suggests that it will be selling food products.What do we know about Meghan’s new brand?Five things about Harry and Meghan’s brand revampWhy did Harry and Meghan leave the Royal Family?There seemed to be have been something of a re-launch for Meghan and husband Prince Harry’s brands and businesses this year, beginning with the overhaul of their regal-looking website under the sussex.com label.Their latest projects seem to be moving away from a previous focus on their time as working royals, such as their Netflix film Harry and Meghan and Prince Harry’s memoir Spare.The hint about the strawberry jam from Meghan’s American Riviera Orchard brand seems to fit with the couple’s latest Netflix plans.Meghan is going to launch a Netflix show which will “celebrate the joys of cooking and gardening, entertaining, and friendship”.Prince Harry will be involved in another Netflix venture showing the inside track on the world of polo. That’s the equestrian sport, not the mints.Delfina Blaquier, married to Prince Harry’s polo-playing friend Nacho Figueras, also posted a picture of the new jam, with hers labelled “10 of 50”.The social media trail for American Riviera Orchard evokes a sense of the couple’s home in California – and this soft launch for the jam show pictures of the jars in a sunny basket of lemons.It’s not known how much items from the new lifestyle brand will cost. Although there are already plenty of other royals getting into jams. Visitors to the gift shops in royal palaces can get a Buckingham Palace Strawberry Preserve for £3.95 or Windsor Castle Fine Cut Seville Orange Marmalade, also for £3.95.On both sides of the Atlantic they seem to be conserving their finances.Related TopicsUK Royal FamilyMeghan, Duchess of SussexMore on this storyWhat we know about Meghan’s regal lifestyle brandPublished16 MarchMeghan launches surprise new lifestyle brandPublished14 MarchTop StoriesMPs back smoking ban for those born after 2009Published8 minutes agoMuslim student loses school prayer ban challengePublished2 hours agoBowen: Iran’s attack on Israel offers Netanyahu a lifelinePublished7 hours agoFeaturesJeremy Bowen: Iran’s attack on Israel offers Netanyahu a lifelineIranians on edge as leaders say ‘Tel Aviv is our battleground’A really, really big election with nearly a billion votersWhat is the smoking ban and how will it work?Martin Tyler: I nearly lost my voice foreverWho are the millions of Britons not working?How to register to vote for the local elections ahead of midnight deadlinePlaying Coachella after cancer emotional, says DJHow the Alec Baldwin fatal film set shooting unfoldedElsewhere on the BBCFrom weight loss to prolonging lifeIs intermittent fasting actually good for you? James Gallagher investigatesAttributionSoundsCould Nina shake up the unspoken rules of modern dating?Brand new comedy about love, friendship and being your own selfAttributioniPlayerWill the UK introduce tough anti-tobacco laws?Under new plans, anyone turning 15 from this year would be banned from buying cigarettesAttributionSoundsCan William Wisting find the truth?The Norwegian detective returns, tackling more grisly cold casesAttributioniPlayerMost Read1Nursery boss ‘killed baby she strapped to beanbag’2Birmingham Airport flights disrupted by incident3Muslim student loses school prayer ban challenge4First product of Meghan’s lifestyle brand revealed5MPs back smoking ban for those born after 20096Police told to shut down right-wing Brussels conference7Historic Copenhagen stock exchange goes up in flames8Bowen: Iran’s attack on Israel offers Netanyahu a lifeline9Marten a ‘lioness’ who ‘loved her cubs’, court told10Sons of McCartney and Lennon release joint single
[ad_1] The jars of strawberry jam, labelled America Riviera Orchard, have been shared with friends and influencers.