Watford FC has named Italian coach Alessio Dionisi as its new head coach, signing him to a two-year contract. Dionisi brings experience from stints managing Empoli, Sassuolo, and Palermo in Italy, and his reported salary sits at around €500,000 per year.

The club that put Bitcoin on its shirt

Back in 2019, the club featured Bitcoin on its match shirts. In 2021, Watford signed a shirt sponsorship deal with Stake, the crypto-native betting platform, accepting cryptocurrency payments as part of the arrangement.

In 2024, Watford became the first major English football club to offer tokenized digital equity through a partnership with Republic on the Avalanche blockchain. The offering gave fans and investors the chance to purchase a 10% equity stake in the club. The sale was structured to accept fiat currency purchases, lowering the barrier to entry for traditional football fans.

Avalanche, Republic, and the tokenized ownership model