No, Libereum Didn’t Buy Spanish Football Club Elche CF

No, Libereum Didn’t Buy Spanish Football Club Elche CF

A piece of news dated on December 26th said Dutch Crypto company Libereum bought Spanish football club Elche CF; however, the club has denied this rumours and at least for now, it is not an official acquisition.

In a press release, Libereum informed the crypto world that they have “become the owner of the Spanish football club Elche CF.”

Libereum said that the acquisition is the cornerstone of its plan of connecting decentralised digital currency with football, in an effort to use the engine of the most popular sport in the world to popularise its own cryptocurrency, the Liber.

“The company is expecting to create high demand for digital (crypto) money for a wide audience.”

The crypto company said they secured a package of €4.3 million as the first downpayment. “The audit results were positive, after which the acquisition was effected.”

“The purchase of Elche CF, a beautiful football club that shares our vision of a cryptocurrency future and is willing to actively communicate it to its supporters, is fantastic news” says Cem Kumlar, founder of Libereum.

The company “has been working very hard to achieve this and I would like to express my thanks to all those who have contributed to this impressive and intensive process.”

Not so fast! Elche says no

There is something weird with the Libereum story, as Elche CF published a note in its website denying the sale.

“Elche Club de Fútbol, in line with certain information published, wants to STRONGLY DENY the sale of the Club to any company dedicated to the cryptocurrency or any other activity,” said the note.

“In this way, the Club wants to settle the rumours that have occurred due to the different reports that may disturb and lead to confusion among the franjiverde fans.”

On the other side, the company also announced a capital increase of €1.7 million or 532K new shares for €3.20 per unit. However, the process will be first addressed to premium partners and supporters.

So, who is telling the truth? For now, Libereum still has the press release of the acquisition on its website. On the other hand, Elche published the note and announced a seasoned equity offering to raise €1.7 million.

Recently Similar News

casinoin-promotion etoro-promotion

Latest Guides

Latest News

Cryptocurrency,Exchange Platforms,EXMO

Wirex Token Beats WinK in EXMO Listing Comp

For the last 2 weeks, users of EXMO have been voting for their choice for the next new token to be added to their platform. Yesterday the voting ended with Wirex token coming out on top of the pile. The token of the gaming platform, WinK beat the digital payment service token, Wirex, on social […]

8 July, 2020
Bitcoin,Crypto Wallets,Cryptocurrency,Trezor

BTC Direct Now Integrated on Trezor

Trezor have integrated BTC Direct onto their wallet which will make it easier for traders to buy bitcoin in Europe. You will find the new option within the wallets existing Buy Feature which, as you can infer, is the part of the wallet that helps you purchase cryptocurrencies. However, this feature will now be cheaper, […]

8 July, 2020
Cryptocurrency,Exchange Platforms,Kraken,UK

Crypto Facilities Receives MTF Licensing

A subsidiary of leading exchange platform, Kraken called Crypto Facilities has received a Multilateral Trading Facility (MTF) license from the Financial Conduct Authority (FCA). The obtainment of the MTF license makes them the first cryptocurrency company to hold this license and will allow them to expand its product range and better serve institutional clients that […]

7 July, 2020
Cryptocurrency,Exchange Platforms,EXMO

EXMO Coin’s Third Quarterly Burn Completed

Last week, EXMO conducted the latest burn of their native, EXMO Coin (EXM). This was the third such burn of the token following its launch last year. Taking place on the 2nd July 2020, the event saw 2,092,034.65 EXM burned in accordance with the whitepaper of the token. As per the platform, “we commit to […]

7 July, 2020
Binance,Cryptocurrency,Exchange Platforms

Binance Now Supports PoS Staking

Binance has added a series of new features to their staking service thanks to new support being offered by Binance Pool. Thanks to the new updates, Binance have stated that it is now possible to stake more “high market value tokens as the PoS market” among other benefits to be rolled out for users. The […]

6 July, 2020
CFD Trading Platform,Plus500,Trading

CFD Highlight Events to Watch Out For This Week

Plus500 and have both taken to their social media pages to inform users of the events they should look out for this week. The weekly heads up of the big events that will affect trading has been a regular occurrence from these CFD platforms over the last few weeks. These short and snappy lists […]

6 July, 2020
CoinEx,Cryptocurrency,Exchange Platforms

CoinEx List GNO and AST

In the latest in a long list of newly added tokens, CoinEx has expanded its service to include both AirSwap (AST) and Gnosis (GNS). The two tokens went live at the latter end of the last week, going live on Thursday and Friday respectively. Airswap aims to facilitate buying and selling of tokens and, as […]

5 July, 2020
Crypto Wallets

Guarda Set to Begin Mobile App 2.0 Beta Testing

The crypto wallet provider, Guarda are to set to launch the updated version of their mobile app. Ahead of this, they will be rolling out Beta Testing to ensure everything runs smoothly when it hits the market. This Beta testing will beckon in the 2.0 version of the app which will be available on both […]

5 July, 2020