Winklevoss twins aiming for Premier League — now they know what it is
Real Bedford FC investors the Winklevoss twins say they’re confident the football club can “defy the odds,” “upset the establishment” and reach the Premier League — despite needing club owner Peter McCormack to explain what it is.
The twins invested $4.5 million worth of bitcoin into the non-league team, becoming co-owners alongside bitcoin podcaster and suer of Craig Wright, Peter McCormack.
However, in an interview with the BBC, McCormack revealed that he needed to explain how football works to the Winklevoss twins back in 2021 when he first acquired the UK club.
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He said, “Tyler and Cameron didn’t know the difference between the Football League and the Premier League,” and one of their first questions was, “’How do you get a team into the Premier League?”
McCormack compared Real Bedford FC to Wrexham, a similar underdog club that has received substantial investment and support from celebrity owners Ryan Reynolds and Rob McElhenney.
He explained to the BBC how he wants the team to move up from the Spartan South Midlands League (the ninth tier of English football) into the National League, a move that he says would require a new ground to be built along with additional investment.
“If I require more investment for ground and infrastructure, they’ll be willing to listen to the proposal,” he said of the Winklevii.
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