The cryptocurrency-backed takeover of the city of Bradford has been denied.

On Friday, Chairman Stefan Robb confirmed that an offer had been made by the United WAGMI Group, who were seeking to buy the club with a cryptocurrency – the currency of online trading.

The US company is believed to have been planning to use non-fungible tokens (NFTs) – a unique and immutable unit of data stored on the blockchain – to create a new model of gym ownership.

Robb resisted the offer, however, saying that his “most important responsibility” was to “protect and protect” Bradford’s long-term future.

In a statement, Rob said: “On Thursday, I received an offer from WAGMI United Group to buy the football club, which was rejected.

“A lot has been broadcast publicly since the show was made. This, along with a number of factors that will remain private, led to this decision.

“As a proud goalkeeper for this wonderful football club, my first and most important responsibility is to protect it and its long-term future, while upholding our values.

“I, and certainly no one connected to this football club, am actively trying to promote its sale, and my commitment remains unchanged.

“It’s closed, and our interest is getting back to what’s really important, as we build towards a strong second half of the season and aim for our targets.

“I would like to take this opportunity to wish everyone a very Merry Christmas, and we look forward to 2022.”

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