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WebsCrypto—News—Business News—Chelsea’s £1BN Revenue Needs to Rely on the Metaverse
Business News

Chelsea’s £1BN Revenue Needs to Rely on the Metaverse

By Simon LawsonOctober 16, 2022
Chelsea’s £1BN Revenue Needs to Rely on the Metaverse
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Clear Lake Capital bought Chelsea for £4.25bn this summer. Its top executive Feliciano has said there is an opportunity to double Chelsea’s revenue to £1bn.

Football finance expert Kieran Maguire said Chelsea would be pinning their hopes on the Metaverse if they could convince people to pay for a pay-per-view game through headphones.

Kieran Maguire added: “I think Chelsea’s consortium is very media tech-focused, they know Chelsea has a global fan base and most of that base doesn’t make it to Stamford Bridge and doesn’t have many tickets. Maybe they’re thinking: Can we give the fans a Stamford Bridge feel? And this needs to rely on the metaverse to achieve.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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