More than PLN 2 mln raised for Wisła Kraków football club
08:00
As of Tuesday evening, some 3,349 investors had raised more than PLN 2 million via the Beesfund crowdfunding site for Wisła Kraków football club, which is on the verge of bankruptcy.
Ultimately, the club is aiming to raise PLN 4 million (the upper limit of funds that can be obtained via crowdfunding, without the need to publish an information memorandum) from the sale of 40,000 shares (5.151 percent of the total number of club shares), which means that Wisła Kraków has been valued at around PLN 74 million.
In less than 10 hours, 50 percent of the total was collected. If the pace continues, the target of PLN 4 million will be collected within a dozen or so hours. It is already a record of Polish equity crowdfunding, and no league football club in the world has raised money through this type of fundraiser.
