31,000 fans buy a soccer team

by Jason Sanders | November 12, 2008 at 10:03 am

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When we play fantasy hockey or soccer, most of us are betting a few bucks at most when creating our dream teams online, or on paper. MyFootballClub.co.uk, however, allowed 31,000 people to make their dream a reality by pooling their money together to buy the tiny Ebbsfleet United.

The Web fantasy became reality when members voted in February to take over Ebbsfleet United, a tiny, unsuccessful club in southeast England, for slightly less than $1 million.

MyFootballClub has about 31,000 members/owners from all over the world (including the author of this article), all of whom pay an annual subscription of about $60 to be a member of the nonprofit trust that owns “the Fleet.”