#1367 Peter McCormack | This Football Team Is All-In On Bitcoin

Peter McCormack is the Chairman of Real Bedford, and the host of “What Bitcoin Did” podcast. In this conversation, we talk Peter buying Real Bedford men’s team and plugging it into the bitcoin network, his plan to make the Premier League, raising capital, sponsors, merchandise, treasury management, bitcoin market cycles, women’s team, opening a bar, building a stadium, investing in the community of Bedford, and potential risks. ======================= BetOnline.ag is a proud sponsor of the the Pomp Podcast. Use crypto to bet on sports, play poker and enjoy casino games at BetOnline. Visit https://promotions.betonline.ag/pomp and use promo code POMP100 to receive a 100% matching bonus on any crypto deposit. BetOnline boasts no crypto transaction fees, and processing is anonymous, instantaneous and secure. ======================= Bitcoin builders, apply for Supra’s Million Dollar Bitcoin DeFi Accelerator dedicated to Bitcoin L2 ecosystem dApps, and get their powerful price feeds and verifiable randomness services for free too. Not a builder? Earn $1,500 by referring Web3 projects to apply for the accelerator. The projects can get financial support while you get $1,500 for every referral. Learn more and apply for the accelerator: ⁠https://supra.com/pomp-btc/⁠ ======================= Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ ======================= View 10k+ open startup jobs: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dreamstartupjob.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Enroll in my Crypto Academy: https://www.thecryptoacademy.io/

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:02Anthony Pompliano?

  What's up everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp Podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, and tell your friends and family about the podcast. My goal is to help millions learn from the world's most interesting people. So let's get into today's episode.

• 0:30Speaker 01

  Peter McCormack is the chairman of Real Bedford and the host of What Bitcoin Did Podcast. In this conversation, Pomp talks with Peter about buying Real Bedford men's team and plugging it into the Bitcoin network, his plan to make the Premier League, raising capital, sponsors, merchandise, treasury management, Bitcoin market cycles, women's team, opening a bar, building a stadium, investing in the community of Bedford, and potential risks. And now, Pomp's conversation with Peter McCormick.

• 1:01Speaker 02

  Anthony Pompliano runs Pomp Investments. All views of him and the guests on his podcast are solely their opinions and do not reflect the opinions of Pomp Investments. You should not treat any opinion expressed by Pomp or his guests as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his personal opinion. This podcast is for informational purposes only.

• 1:25Anthony Pompliano?

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• 2:10Anthony Pompliano?

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• 3:31Anthony Pompliano?

  All right, guys. Bang, bang. I'm here with Peter, the chairman of, is it Real? Bedford or Real?

• 3:36Speaker 03

  Real.

• 3:37Anthony Pompliano?

  Real?

• 3:37Speaker 03

  Real Madrid.

• 3:38Anthony Pompliano?

  Okay, you bought this soccer club, football club.

• 3:43Anthony Pompliano?

  Why? Why did you do this? And the crazier part, I think, is like, it's working. You've now gotten four and a half million dollars invested from the Winklevoss Twins. I think you've got a lot of other tricks up your sleeves. So like, explain what the rationale here for this is.

• 3:56Speaker 03

  Yeah, I mean, look, I told you about this when I was first going to do it, two and a half years ago.

• 4:02Speaker 03

  The best way to say it, look, my, my dream's always been to own my local football club. Where I live in Bedford, our football, our football team's never been in the Football League. And so to explain the hierarchy to people who are listening, our Football League is you have promotion and relegation. If you're in the bottom three, two or three or four, you get relegated to the division below and it's brutal. But if you win a division, you go up. So it means-

• 4:25Anthony Pompliano?

  American sports should have this, by the way.

• 4:27Speaker 03

  Yeah, but you're socialist. Yeah. It's weird, isn't it? You're, you're a capitalist society with a socialist sports and we're socialist society with capitalist sports. But it's brilliant. It means you can go and buy a club from the very bottom, you know, the very bottom of the English football pyramid and you can get to the Premier League.

• 4:44Anthony Pompliano?

  How much did you have to pay? Do you, have you said publicly?

• 4:46Speaker 03

  I've never said that, yeah.

• 4:47Anthony Pompliano?

  Do you wanna, you wanna break the news now?

• 4:48Speaker 03

  No, cause like, just out of respect to the, you know, the person I bought it from, but they're like, like it's nothing.

• 4:54Anthony Pompliano?

  Okay.

• 4:55Speaker 03

  Like a, like a cool car.

• 4:56Anthony Pompliano?

  What, what was it a, a situation where like they were happy to give the problem to somebody else?

• 5:00Speaker 03

  Yeah, cause a lot of these clubs are community clubs. Somebody runs it for the community. They've got, they're not thinking about going up through the leagues. They're just thinking about, uh, local players having somewhere to play. And occasionally you get somebody comes in and buys a team and wants to take them up. But the coolest thing is you can do that. Look, nobody's ever done what we're doing, which is bottom to the top. Like Wrexham, who they just bought, uh, Ryan Reynolds bought, used to be a huge team. And, uh, but they bought them in the fifth tier, which is essentially, so the first four divisions, Premier League, Championship, League One, League Two, that's considered the professional divisions. Below, that's called non-league.

• 5:35Anthony Pompliano?

  Okay.

• 5:36Speaker 03

  And it's called non-league because it's not in the league and historically all amateur. That first layer now, that tier five is professional now really. And those teams are trying to get into the Football League, but-

• 5:47Anthony Pompliano?

  And you started, you're starting in nine?

• 5:49Speaker 03

  We started in the 10th.

• 5:50Anthony Pompliano?

  Oh, 10th.

• 5:51Speaker 03

  Yeah. And our lady started in the fifth.

• 5:52Anthony Pompliano?

  Okay.

• 5:53Speaker 03

  And so when I bought the club- I thought, you know, my idea was like, can you take a team from the bottom to the top? And if you can, how do you do it? And it all comes down to money. Like my, my kind of strict view on this is every promotion is 70% your budget for your players, 25% budget for your manager and 5% luck. In that you can have no budget and have the best manager in the world. You're probably not going to go up. It's just too hard. Or you could have the best budget in the world and a rubbish manager and he'll screw it up. So you kind of need both. You do get like outliers, you know, when Leicester won the league, that was a huge surprise in the UK. No one expected it.

• 6:31Anthony Pompliano?

  And, and just for the Americans, the manager is the coach or is it like a GM or both?

• 6:36Speaker 03

  It's the coach. Okay. So I, I think essentially I'm like the GM.

• 6:39Anthony Pompliano?

  Okay. You're making decisions on players in terms of who's on the team, who's not on the team?

• 6:43Speaker 03

  No, no, that's the, that's, so the manager, uh, I set the budget. Basically, these are, I'm everything off the pitch. He's everything on the pitch.

• 6:51Anthony Pompliano?

  Got it. So you're like the business side and then he, he's the team, the players. So it's almost like a, a coach and a GM is what the manager does.

• 6:58Speaker 03

  Yeah. And he'll have coaches, but the, but essentially the manager will coach as well, but he picks the team and, and runs it from the sideline. It's not like, like I remember watching the film Moneyball where, you know, he doesn't need to be there at the game once it's selected, right? He just goes off for a walk. The manager has to be there.

• 7:17Speaker 03

  But so I was like, how do you do this? Like every division, I, I know the budget you need in every division. How do you get that budget?

• 7:24Anthony Pompliano?

  And what, what is the difference between League 10? Sounds like no budget, basically. And then like the top two or three leagues.

• 7:31Speaker 03

  I mean, teams in the 10th tier will have some teams where there are no players being paid and they're just playing. Some are maybe getting 30, 50 pound a week, you know, the team's budget may be like 500. You probably won't get teams spending more than like 1,500 to 2,000. That would be the top level.

• 7:49Anthony Pompliano?

  Okay.

• 7:49Speaker 03

  And it, you know, and it can, it can kind of go up about 50 to 100% each, but, but there's different ones like.

• 7:56Anthony Pompliano?

  So you rolled in, just so we're clear, you rolled into League 10. You're like, I'm a big baller. Like we're gonna, we're gonna spend a little more than a thousand pounds a week.

• 8:03Speaker 03

  Yeah, but you don't want to go too high. You go too high, you get the wrong players in and they don't care. So it's a real, it's a real delicate balance of having the right budget with the right players who care enough to turn in week in, week out and want to win, who in their head, they want to get promoted. Okay. Versus getting people to just turn up and get paid and leave. So what happened was I had the club for four months at the end of the season. We tried that. We got some really good players in, didn't make any difference. Had the wrong manager, wrong players, wrong mindset, wrong budget. I bought in this guy called Robert Sinclair and he kind of, he was an ex-professional footballer and he reset everything for me. But, but the idea that I looked at and said, how do you do this? How do you take from the top to the bottom? Three hundred million, you can do it.

• 8:43Anthony Pompliano?

  Three hundred million dollars, like our pounds.

• 8:45Speaker 03

  Pounds, either or. You, you could do it. You could definitely do it because, you know, in that you're, you're, you're planning 50 million for a new stadium or your infrastructure along the way. But also like if you're getting the championship and you want to get into the Premier League, it's going to cost you 30 million every time you ever go. And so you start doing up the, the sums and then maybe you can do it for 200 million. But either way, it's nine figures, right? And so I was like, right, I don't have 300 million.

• 9:09Anthony Pompliano?

  But Cameron Tyler might.

• 9:10Speaker 03

  Well, so actually it's interesting. The short term goal wasn't the Premier League. The, the short term was Football League. Where I live in Bedford, we never had a team in the professional divisions. And in my head, I was like, maybe that's 20 million. Uh, I sat down with Cameron Tyler before I bought the team. I was like, yeah, I've got this idea. I want to get my team in the Football League. And I think it was Tyler, I always attribute it to him, but to be honest, I still don't know which one's which. But I think I said to him, I said, yeah, about the Football League and he explained, he said, straight away, off the bat, he was like, how'd you get in the Premier League? I was like, let me go away and think about it. So that's what I've been doing for the last two years, like figuring it out. But, so I went away and thought, right, how does a local club make money? Like team next door Bedford Town? Well, anyone who comes through the gate, buys a ticket, a burger and a beer,

• 9:55Speaker 03

  that maybe brings in 15 pound per person. And maybe they get some local sponsors who maybe spend a thousand, a couple of thousand. Maybe they put some events on at their place. I was like, cool. That's really hard work. You're going to have to grind to build a crowd, to get, you know, beg, borrow still from local sponsors, uh, to get their money. I was like, it's not going to work. It's just take forever.

• 10:17Speaker 03

  What if I make us the Bitcoin team? That was in my head. Okay, if I make us the Bitcoin team, I've got the platform, I've got the megaphone, I've got the podcasts. You know, so any episodes can have tens of thousands, hundreds of thousands listening. I've got a following on Twitter. Bitcoiners are crazy. If I make us the Bitcoin team and say, this is our goal. What difference does that make? And it just changed everything instantly. You know, I got Gemini as a shirt sponsor. I got, you know, I've got Luxor as a sponsor, Iron as a sponsor, Ledger. I've got all these companies who are willing to spend, yeah, not thousands, but maybe tens of thousands of sponsorship.

• 10:51Anthony Pompliano?

  And just so people understand, I think people understand if somebody's advertising on television or, you know, a podcast or whatever. When they're buying a sponsorship with the team, what are they anticipating? Is it just brand awareness of like, hey, Gemini is on the shirt? Are they expecting people to go sign up for Gemini? Like, when you have these conversations, what are they looking for?

• 11:11Speaker 03

  I actually think it's one of those weird sponsorships. Like, if they sponsor my pod, they want people to sign up. They want to get customers. I think with this, there's a little bit of, yes, a little bit of that. I think there's a little bit of the prestige. There's only one team can be on the front of the Bitcoin team shirt, only one company. So they want that. And I think part of it's, I think there's a little bit of like, almost philanthropy in it. They're like, they want to help me. They're like, this is cool. We want to be part of this journey. So it's, it's an interesting one. Now, our rates are high. They're, they're like a team maybe in the fifth tier or fourth tier. But I would argue we get as much exposure because what I decided to do was stream the games and be very noisy to create a lot of awareness. But, but anyway, so we had that.

• 11:55Speaker 03

  We also, I knew the Bitcoiners would follow us internationally and that's worked. We've sold 200, over £200,000 merch in two years. I'd imagine that's more than every team in our league put together. Maybe the league above and below. And so making us the Bitcoin team was the game changer. I call it the cheat code. I mean, I did my conference, I called cheat code. It's a cheat code. You get access to this network that supports you and wants you to win and wants to be part of it. And so what that meant is we had the money, but still, long term. Yeah, good sponsors and like this crazy Bitcoin international community who will fly to, by the way, some people just fly to Bedford from America. They come to Bedford for a game. But anyway, and so

• 12:38Anthony Pompliano?

  Americans are used to the opposite happening.

• 12:39Speaker 03

  I know.

• 12:42Speaker 03

  People in Bedford are like, what is going on here? Who's this guy from Arkansas?

• 12:45Anthony Pompliano?

  Yeah.

• 12:46Speaker 03

  So anyway, so like we, it meant we had the financial back, like we had the financial backbone to do the first few promotions. But you got the leagues, you need a training center, you need a ground.

• 12:58Speaker 03

  You know, if we keep moving up quickly, it's going to get more and more expensive. And so the only other way to kind of accelerate that cheat code is have Bitcoin. So I went to Tyler and Cameron and said, look, I know how to do this now. The only thing that's holding me back is capital. I know you're not going to give me 300 million and I'm not asking for it. What I am asking for is, I think we started like negotiating around five million. I was like about five million dollars. We got to four and a half, but and I'm going to put that in Bitcoin and I'm going to forget about it. Cause I don't think I need that for the next four years, maybe five years. And do you know what? In four to five years, if I can get away not using it, that five million could be 20 million, could be 15 million. We know Bitcoin does. And in that year, I might need to use a million of that.

• 13:43Speaker 03

  And over that next four years, maybe over that next four years, I need to use five million of that. And I'm left with 15, that maybe becomes 50. But I measured, I looked at the whole compound growth rate Bitcoin. And then, uh, then I reduced the rate. I went with a kind of moderate conservative kind of reducing uh, annual growth rate, you know, uh, reflected the bull and bear markets. I was like, okay, if I've got this right, if this number's right, then every single league we are in, we will be the most well capitalized team. And if it's 20 years to the Premier League, there's a chance we get to the Premier League as the most well capitalized football club in the world. It's insane, right? But that's the plan.

• 14:23Anthony Pompliano?

  It's not that crazy. I guess the only thing is, uh, one, you gotta make the decision now. Or else you get long-term thinking, obviously, which is a huge piece of Bitcoin. It sounds like you're doing that. The second thing is, uh, when do you sell the Bitcoin? Right? And a lot of that is like, do you need the money or do you not? And I bet that, uh, there's some nerd out there who's smarter than you and I both combined, who could figure out, uh, you may actually want to sell sometimes when you don't need the Bitcoin. Like, or I'm sorry, you don't need the cash, uh, because of the market cycles.

• 14:53Speaker 03

  Yep.

• 14:53Anthony Pompliano?

  So if you're like, you know, use hindsight as the, uh, example, at the end of 2021, would have been a pretty good idea to sell some Bitcoin if you knew that you were going to sell Bitcoin in the next two years.

• 15:03Speaker 03

  Yep.

• 15:04Anthony Pompliano?

  Right? And so, uh, timing markets is nearly impossible, but I almost look at it as the same way that a corporation may hedge foreign currencies or something like that. You gotta get really smart about the treasury management to be able to, you know, convert Bitcoin into pounds in anticipation of when you're going to need it. So that, God forbid, you don't sell Bitcoin at 16,000 when, you know, eight months before you could have sold it at 70,000.

• 15:28Speaker 03

  Hey, listen, if I can find a smart person to do that, I will. Uh, and look, a lot of this is based on the idea that Bitcoin continues to grow, but I just have a fundamental belief at will. They're not going to stop printing money and, uh, you know, they're still only 21 million. And so I still have that fundamental belief. And I would like to think I never sell the Bitcoin. I would like to think the, uh, borrowing and lending markets mature to the point where you're actually, uh, using the asset with, you know, more well-known institutions, your, your fidelities, your JP Morgans, where, where it's people you would trust to, to lend it to, not lend it to, to, to put up as collateral to borrow against because we don't want to pay the cap gains and we don't want to sell the Bitcoin.

• 16:12Anthony Pompliano?

  What, what do you think about the people in the Bitcoin community who say, you know, like, all kind of credit is bad, all lending is bad? A huge part of traditional finance, obviously, is lending. And I have a hard time seeing a world where like lending is not part of finance. But there's definitely people who would say, you know, it's blasphemous to say, I'm going to put the Bitcoin to a bank and I'm going to borrow against it. It's like, how do you think about, you know, the pros and cons?

• 16:39Speaker 03

  I mean, I just, I do think there's too much debt in the world and I think people take debt for the wrong reasons and I think credit cards are a, you know, vulture business, but. I wouldn't own my house without being able to get a mortgage and I wouldn't have bought cars before without that. And I wouldn't have been able to set up businesses without borrowing. You know, I think, I think leveraging debt is a good thing for building, yeah, for building wealth and building capital. I think it's bad for lifestyle, like do not get a credit card for your lifestyle and do not get a loan to go on holiday. But if you've got a business idea and you can borrow money, you can accelerate that growth. Yeah, absolutely. And look, there's always going to be borrowing and whatever you say, you could, you could, you could ban it.

• 17:23Speaker 03

  But I can still come to you, Pom, and say, look, look, dude, I've got a business idea. I need to borrow five Bitcoin. You're like, okay, cool. This is the return I want. So it's always going to exist. I was just, I just think it's going to change under a Bitcoin standard.

• 17:36Speaker 03

  Certain types of leverage are going to go.

• 17:38Anthony Pompliano?

  So you've got the men's team, the men's team. I think it's pretty straightforward. Like when you first told me about it, I was like, oh, this is interesting. I don't know really that much about football, but let's see, you know, kind of what happens. I think that you're smart and you'll figure that out. But then what it looks like is you've actually used that as like the tip of the spear to do a whole bunch of other things. So you have a women's team, you have a bar. I saw AI generated plans for a stadium. I have seen now a fund to invest in kind of young, promising people in Bedford. Like there's a bunch of stuff that now is kind of almost coming off the back or drafting off of the team. So describe maybe like the non-men's team activities and like where that's coming from.

• 18:23Speaker 03

  Think of it as a chessboard. And so I'm thinking about what I'm trying to do with this football team as a game of chess, right? And so, and I'm not, I could start attributing bits to pieces, like maybe the team is the king, which I want to protect. But the truth is, I'm just thinking of it like a chessboard. I'm moving pieces around. So the next thing we did was a ladies' side for a couple of reasons. Commercially, it's a good idea. It's not some like a woke agenda. We need to have a ladies' team. Commercially, it's a good idea. We make money off our ladies' team and it means, you know, half the population of Bedford is female. And they see that we're supporting female football. Secondly, we should do it because girls want to play football. And there was a time when they were banned from playing football, so we should do it.

• 19:07Speaker 03

  But the men's team, they won a league and cup double consecutive years. The league is promotion, cup is fun, but it's still prestigious. So they've gone from 10th to 9th, 9th to 8th, now in the eighth tier. The ladies, we took over properly last year in the fifth tier. They won the league, the county cup and the league cup. It's called a trebles, never happens. So they're now up into the fourth tier. And so the fact that we've gone for three promotions, won three promotions. I think I know what I'm doing in terms of the algorithm. I think the algorithm's right. The rest is all chess pieces. So we first started a hardship fund. Well, we started investing in youth football. So there's 30 boys teams, 30 girls teams, and we just give them money and support. But then we set up the hardship fund.

• 19:53Speaker 03

  And we set up hardship fund. So any kid in Bedford who wants to play football, whose parents can't afford it, they can go to the fund. They'll pay the fees and buy them football boots.

• 20:00Anthony Pompliano?

  And how much is the fee for a kid to play?

• 20:01Speaker 03

  Like a couple hundred pounds.

• 20:03Anthony Pompliano?

  Okay.

• 20:03Speaker 03

  You know, it's not an expensive thing. You know, our fund's like 12,000 pounds. It's not a lot, but that we know that every kid in Bedford who wants to play football can. And that for us is doing our community work. And it's nice to do it. It's good to do it. And it's a chess piece to show the town that like we care for the town. You know, we need you to care for us because part of the sustainability is growing your crowd. When I took over, we used to get 40 people at a game. And then season one, we averaged 180 with a, I think our biggest crowd was 321. Last year we averaged 260 and our biggest crowd was a thousand. So it's going up. You know, we need, I want a crowd of 2,000 next year and average of 500. I, you know, I gotta keep trying doubling it every year.

• 20:45Anthony Pompliano?

  How many people are in Bedford?

• 20:46Speaker 03

  The town's 100,000, the kind of metropolitan area is 174,000. It's a good, I mean, Burnley, we're in the Premier League with 90,000. So it's a good base and there's not many teams around us. But, but we need the town to get behind this. We want the town to support it, love it and come to games, buy burgers, buy a shirt and support us. And so my, it's almost like my, my trade with the town is like, I'm going to do loads for this town as much as I can. I'll help this town as much as I can. You help me and come to games. So we invest in youth football, boys and girls. We have the hardship fund. Then I bought the bar. And the bar is the coolest bar in Bedford. And I didn't buy it as a money-making exercise because the amount of work for the return compared to everything else isn't worth it. But.

• 21:31Speaker 03

  I knew it'd be a lot of people, a lot of people come to the bar, right? And they want to know who owns the bar and they're like, oh, that's the Real Bedford owner. Oh, that's Pete McCormack. And without, it's really hard to explain it without sounding like a dick. But I knew if I wanted the town to be successful, I kind of needed to be known in the town. And people are like, oh, who's that guy? That's Pete McCormack. Oh, he's got the football team. And so I started like placing chess pieces around so people will know who I am. And then because you've seen Glenn Gary again, Ross, right? You'd always be selling. And so when people come to me and they ask me about the bar or they ask me about the football club. My first thing I say is, have you been to a game? No, come to a game, we're playing Saturday and it works, they come. So the bar was a chess piece. You know, we use it as well for our conference.

• 22:14Speaker 03

  We use it for our end awards season. You know, we use it for a lot of things, so it's a useful tool, but it's a chess piece. The conference, again, I don't need to be doing a conference. It's a pain in the ass, you've done them. But for that weekend, every hotel in the room is, in the town is sold out. The bars are full, the restaurants are full. And then we have a record crowd at the football and the football team, rather than taking £3,000 on Saturday, takes £20,000. And all these people become loyal Real Bedford fans. Another, another nod to the town, the local paper writes about it. We're opening a cafe, again, another chess piece. The chess piece for that is it's right in the middle of the town centre, the shopping district. And it means right in the centre, it's going to have a big logo that says Real Bedford.

• 22:58Speaker 03

  So people are like, oh, there's Real Bedford. But it's never going to make money as a club shop. That's why we did a cafe. So you come in, you buy a cup of coffee. It's got the Real Bedford logo on while you're in there, you find out about the club. It'll be the best coffee. We're sourcing the best coffee from London. I think it's El Salvador coffee actually as well. And we're going to make the best cup of coffee you can get. And it's going to be really well priced and you're going to find out about the football. We just partnered with a netball team. Do you know what netball is?

• 23:23Anthony Pompliano?

  I have no clue. I saw you announce this and I was like, all right, I'm out of my league right now.

• 23:26Speaker 03

  So that's huge in England, Australia, New Zealand. It's a huge spot. It's a bit like.

• 23:32Anthony Pompliano?

  It's like handball?

• 23:33Speaker 03

  Well, it's like basketball, but like lacrosse is big here and no one in the UK knows what it is. Netball's big in these territories. It's like basketball, but it's main, it's really only played by girls. My daughter plays it, but there's no backboard.

• 23:45Anthony Pompliano?

  Okay.

• 23:46Speaker 03

  So they've got to get their shot right. It's like a, it's a net on a pole, but you can't, you don't bounce the ball and you can't run with it. So you get the ball and you move and you pass it.

• 23:56Anthony Pompliano?

  Got it.

• 23:56Speaker 03

  So.

• 23:57Anthony Pompliano?

  It's kind of like ultimate frisbee.

• 23:59Speaker 03

  Yeah.

• 23:59Anthony Pompliano?

  Right. But you gotta throw the ball and got it. Okay.

• 24:02Speaker 03

  Every young girl plays it.

• 24:03Anthony Pompliano?

  Okay.

• 24:04Speaker 03

  And there's a local team called Team Beds. They're brilliant. They're the best in the county, but like anyone at the moment, money is an issue. So I said, well, look, we'll give you some money. In return, you become Real Bedford Netball.

• 24:15Anthony Pompliano?

  Hmm.

• 24:16Speaker 03

  And so everybody knows Emma's Team Beds. Everyone will see the Real Bedford. It's just branding.

• 24:20Anthony Pompliano?

  Yeah, yeah.

• 24:21Speaker 03

  And we'll help them grow what they're doing. There's a local rugby league side we want to do it with. If you go to Europe, Barcelona, they have a basketball team, handball team. You know, they have everything. We want to be the same. Again, another chess piece. Um, I've bought, I'm about to buy a building, which I'm going to turn into a kind of like a Soho House in Bedford, but like not membership, just a nice place. Another chess piece. Yeah. And, and I set up the fund. Yeah. This girl came to us, well, her dad came to us and said, his daughter's a really good swimmer. She's trying to raise money to go to the Junior World Swimming Championships in Brazil. It's a thousand pounds. I was just like, here you go. She went, she won three medals. I was like, oh, this is cool. Right. We'll set up a fund. So we took the profits from the conference. We put it into the fund. It's like 51 grand.

• 25:06Speaker 03

  I've had like endless letters from people, kids who want to do so. It's all been sport really. But again, another chess piece. You know, I, I, I, I think with philanthropy, it can be a trade, right? You can say, listen, I'm helping you. You help me. Let's make Bedford better. And so all these things are chess pieces to get it in, in, into place. And it's all kind of working. But in the background, I'm having to, I'm in a public war with the mayor who's like fighting against us.

• 25:33Anthony Pompliano?

  Yeah. What happened? What happened with this? I saw you sending some letters and it sounds like there's a. Corruption?

• 25:40Speaker 03

  No, I wouldn't say that.

• 25:41Anthony Pompliano?

  Okay.

• 25:41Speaker 03

  Um, I say stupidity. Uh, I, I mean, look, I just don't know what his game is. Um, I, my suspicion is he wanted the role of mayor out of prestige. His family's got loads of money. His dad's called Tesco Ted. He sold loads of land to Tesco. They're farmers. You know, he went to one of the private schools and I think he's just, he's like Bedford aristocracy. He's just a pompous old idiot and he's just come in. He hasn't realized the man, his mandate is to do the best thing for the town. I think he's just does what he wants. It's, it's really funny. It should, we should have filmed it. He's friends with the chairman of the rival club who are shit scared of us. And they had a meeting and afterwards he cancelled our lease, which means we'd have no ground. And I was like, what are you doing?

• 26:25Anthony Pompliano?

  Meaning like the field?

• 26:26Speaker 03

  Yeah, nowhere to play. Finished the club. I was like, what are you doing? We're clear, look at all the things we're doing. We're good for Bedford. Oh, we'll move you somewhere else. I was like, it takes four years to build a stadium. We need a lease extension. He finally did it. Then he tried to ban women playing at the ground.

• 26:40Anthony Pompliano?

  I saw that.

• 26:41Speaker 03

  Called him out on that. He offered to remove it and I said, no, I'm ceasing negotiations with you. You've got to get somebody else to do it. Then he went out to the press and lied and said it was a drafting error. Like he's a moron. Um, I've told him he should resign. I might run for mayor in three years. Just take him out just because he's, he's clearly and obviously bad for the town. He's, he's unqualified. He's incompetent. He's out of touch. Um, and he's compromised. So he's got to go. He's bad for the town. Um, but there's other things happening. It's like, do you ever feel like you're in the simulation?

• 27:13Anthony Pompliano?

  No.

• 27:14Speaker 03

  I do. Cause I don't believe I should, I deserve to live this life. But anyway, so, so we're doing all this. No one had heard of Bedford before, you know, in like in our communities. So all this happens, then we get this announcement. Universal Studios are building their first theme park in the UK in Bedford. I swear to God, it's five minutes from my house. They've bought 500 acres, five minutes from my house, and they're building a theme park there.

• 27:39Anthony Pompliano?

  Why do you think that they're doing that?

• 27:40Speaker 03

  Well, I so I think they tried to buy land near London. And when they found out it was universal, the price went up. But Bedford has this unique thing in that you have these two motorway spines that come up from London, and they go either side of Bedford. Bedford's in the

• 27:55Anthony Pompliano?

  For America, that's highways.

• 27:56Speaker 03

  Yeah, two highways. But there's a highway that connects them. And Bedford's in the middle.

• 28:01Anthony Pompliano?

  Got it.

• 28:01Speaker 03

  So we got lots of things like Amazon logistics set up there.

• 28:05Anthony Pompliano?

  It's strategically located from a geographic standpoint.

• 28:07Speaker 03

  Yeah. And then there's a train that goes right past us from London, which is 40 minutes. So, so it's a good location. It's got another airport near it. And it's got easy access and they got the land cheap. And so, yes, it's, it's, it's so funny, the Daily Mail, do you know the Daily Mail?

• 28:24Anthony Pompliano?

  Yeah.

• 28:24Speaker 03

  Yeah, they wrote an article, I think it was titled something like, what the hell is going on in Bedford? And it basically, half of it was universal, half of it was Winklevoss billionaires, co owners. And so, we've just, everything is just pointing in the right direction for this to work. And so, yeah, I don't know, I'm rambling now.

• 28:44Anthony Pompliano?

  What could go wrong? Like, how does this not work?

• 28:47Speaker 03

  Yeah, that's a great, God, that's a really good question. And I don't think about it enough, but I do think about it. Football's a weird business. You know business, right? You know business. If you understand a P and L, understand a cash flow, you understand your inputs, your output price, you treat your staff well, and you manage all those effectively, and you've got a business that's viable, you're going to be fine. So if you open a coffee shop up in New York, and you've got the right rent, the right product, and you've got your costs right, you'll be successful. The reason most businesses fail is they get one of those wrong. Like, either they've got a business that's unviable, or they've got in an area that's unviable, or they're bad at managing the numbers. Football's a weird business. You can get all those numbers right.

• 29:32Speaker 03

  On Saturday afternoon. Even the team can play brilliant. The ref makes a bad decision, the goalkeeper makes a mistake, you don't win the game, you don't get the three points, you don't get promoted. Like this season, we had a, we had like a McEnroe Borg battle between us and another team called MK Irish.

• 29:52Anthony Pompliano?

  Okay.

• 29:52Speaker 03

  We became rivals.

• 29:52Anthony Pompliano?

  They suck.

• 29:54Speaker 03

  Yeah. So first game of the season, we played them. They, we beat them 1-0, but they were the better side. They were much better side. We then played them in the FA Cup and I think we slightly edged it, but they won. We then played them in the FA Vars, we won 5-0 and then we had a 0-0 draw. But all season, it was us two racing away. There was a one period where we both were winning every week, like 15, 16 in a row or something. And we could never get away from them. They were always like three, six points behind us. And then we had a little wobble and they were still behind us, but they had played less games, which if they'd won, they would have gone in the league. Then they had a wobble and we closed it out. But the gap between us and them was six points.

• 30:38Speaker 03

  Between them and the next team was like 15, 16.

• 30:41Anthony Pompliano?

  Got it.

• 30:42Speaker 03

  They don't get promoted because they're second, they go into the playoffs, which is like a semifinal and a final knockout. They lose. They lose. They're out. They did all that hard work. And yet a team who got less points over the season went up. So you can do everything right and just not get promoted. And if you keep not getting promoted, you're not hitting your goal. We can bring crowds in, we can bring sponsors in.

• 31:08Speaker 03

  But how many, you know, like it's fun now, we're winning leagues. What happens if we don't get up next year? Yeah. People might be, all right, cool. You know, they'll do it the year after. What if we get stuck there for four years? People get a bit bored, stop coming, the sponsors are less interested. So that's, that's, there's a real pressure to get promoted, which is why, and you know, and to do that consecutively is hard. So that's, I've got to be very good at growing the business of, of the club. So that's something that can go wrong.

• 31:37Speaker 03

  Infrastructure could hold us back. You know, if we go too quickly and we don't have the right ground at the right time, you can get promoted and the league say you're not allowed to come up. You're you haven't got enough seats. That's a tricky thing.

• 31:48Anthony Pompliano?

  And so are you gonna try to like in America and probably elsewhere as well, but in America specifically, building the stadium has become a very big business. So a lot of for those that don't know, there's a lot of people who go buy these teams. There's actually a gentleman Philip Anshu, a buddy of mine has a podcast and what he does is he goes look for investors that most people don't know. So he's not trying to talk about the Elon Musk as an entrepreneur or, you know, Warren Buffett as an investor. He's trying to find people who have been very, very successful, but are kind of fly under the radar. And so Philip Anshu is one of these guys who he owns AEG, which is the Anshu Entertainment Group. And what he realized early on, he had learned from

• 32:28Anthony Pompliano?

  somebody was if you go by the second and third market teams, and then you go to the local city and you say to them, hey, we have a basketball team. We want to build a basketball arena. We're going to put businesses. We're going to bring people in. We're going to do all the stuff, but I need tax breaks. I need concessions. I need, you know, all this stuff. And so essentially, the cities will do that because they look at it from an economic development standpoint. And it's been a very, very successful thing, including there's many people who argue that some of these NBA owners actually have made more money on the real estate.

• 33:01Speaker 03

  Wow.

• 33:01Anthony Pompliano?

  Than they're making on the teams. Right now, again, is that true? Is that not? My brother probably would know better than than me. But for you all, somebody's screwing with the lease, like you have all these issues. Yeah. Do you think that eventually along this path, you've got to go build the actual infrastructure?

• 33:16Speaker 03

  I mean, we've got to build a stadium. We're starting now, but we're in this position where we can't build the Premier League stadium now, but you've got to plan for your long term, you know, goals. So you have to build a stadium in a modular way whereby the stands can be replaced and made bigger as you go. But the problem is, we can't get tax breaks because councils don't really have the ability to give tax breaks. They can do a small amount on business rates. They're also, they're all broke, so they can't invest in it. You can do things like if you build a stadium, you know, McDonald's might want to be there and they'll give you some money towards it. But really, it is, it's usually a private project. And that's fine. We just need Bitcoin to go to a million and then. Cameron and Tyler want to have the Winklevoss Stadium and then we'll figure that one out.

• 34:02Anthony Pompliano?

  Gemini, Gemini grounds.

• 34:04Speaker 03

  Yeah, the Gemini Arena, but, but like we're on that now. We, my brother, my brother works on this a bit like you. I work with my brother. He's just like on it hardcore. But, but you know, it is a real challenge. Um, other things that can go wrong. Um,

• 34:21Speaker 03

  I think they're the main ones. I mean, the, the only, the only thing I worry about is not winning leagues, you know? And so my job every time for both my managers is to start the season with them having everything they need. So I do this thing. I work a year ahead, you know, so start this season, both teams, both managers have a budget to get the squad they want, which they say will get them a squad that can compete for the league. I've got them the training facilities they need. I've got them, uh, the, the kit and equipment they need for their physios, et cetera. As soon as this season starts, I'm done. I'm working on next season and I'm working so hard because like my budget's going to go up.

• 35:01Speaker 03

  I want my teams to go hybrid professional, which means the young players train every day because they don't have a job and the senior players train midweek. Most teams don't do that for two divisions above. I want to do it next year. So we've got an advantage on them when we go in. But that means I need to, you know, if our budget this year is, let's say eight hundred and eighty thousand pound, next year is probably going to be like 1.2 million. What, where's the extra 380, is it 380, 300,000 coming from? So I'm on that now. So, you know, what usually happens is the season ends, we win the trophy, we have a beer. The next day I say to the manager, what do you need for the start of the season? He says, I need this. Um, nobody's, nobody's ever done this at the pace we're trying to do as well. And look, we will stumble.

• 35:45Speaker 03

  My plan was the Football League in a decade. That was six promotions in 10 years. We've done two in twos. So we've got to do four in eight, you know, next eight years. I think it's fair to, to try and, try, try and do each one in two years. My goal is to make sure every year we have a budget for the players that can win that league. It's hard, Pomp, it's hard. You know, some teams.

• 36:05Anthony Pompliano?

  Where do you find the players? Are you like putting on all calling, like anyone in the world who's good at this, like come show up and we'll try out and see?

• 36:12Speaker 03

  It's the manager. He has a certain style of football he plays. He plays a really good football for this level. And he knows the player he wants. You get to the end of the season, he's got people he's identified, he gets in touch. You know, some people.

• 36:25Anthony Pompliano?

  And how much are you paying the players?

• 36:27Speaker 03

  I, do you know what? I wouldn't share that because the one, the only thing you, you'll see the presentation put out, I redacted the budgets. Um, I don't want people to know our budget because it's competitive knowledge. Um, and you know, people always react to it.

• 36:39Anthony Pompliano?

  In terms of what you're playing, paying players.

• 36:41Speaker 03

  But these are part-time players who will be on some multiple of hundreds of pounds from a hundred to maybe a few hundred.

• 36:49Anthony Pompliano?

  Per week.

• 36:50Speaker 03

  Per week. Yeah.

• 36:51Anthony Pompliano?

  So just let's just use round numbers. Somebody could make, I don't know, 10 to 30,000 pounds a year. Playing if it was all year long.

• 37:01Speaker 03

  Yeah. So they, so they tend to get paid during the season. So about 40 weeks. So they tend to get, yeah, they tend to get paid about 40 weeks and, but it starts to change, right? So maybe next year, we might have some people who are on 52 week contracts. And they get paid if they get injured. We don't pay people if they get injured at the moment, but some of the players are like, look, if I'm not going to come and play for you and get injured and not be paid. So I have to prepare for that. But the really interesting thing is when you get to like, uh, levels five and six. And you start to go full-time, you've got all these players who are brilliant players who won't go full-time. And the reason being, they might have an 80,000 pound a year job. They're not going to go quit their 80,000 pound a year job to earn 30,000, 40,000 pound a year playing football. It's just, why wouldn't they?

• 37:46Speaker 03

  So what they tend to do is they keep their full-time job and they join the teams that are maybe hybrid full-time. And they'll pick up, you know, four, five, 600 pound a week playing football. So add to their 80,000 pound a year, they're, they're doing that on football as well.

• 38:00Anthony Pompliano?

  Now they're making a hundred.

• 38:01Speaker 03

  Yeah. And so like, there's, so there's so many players who could be playing high, who, they just don't do it. And these transitions, they're hard. And growing, you know, we're trying to do it sustainably without losing money. I don't want to spend any Winklevoss money on player wages. That's for infrastructure. So to grow your revenue, yeah, I've essentially this year, I've got to bring in another 300,000. That's incremental. That's more than some teams will spend in a whole season. And so I'm out there. This is why I'm in the U S. I'm going to New York. I'm visiting sponsors. I'm telling the story. I'm talking to you. I'm, I'm making the Bitcoin community like this and be a thing because. You know, the sponsorship game. People will sponsor you, but they want awareness. So I've got to drive the awareness.

• 38:47Speaker 03

  And so, so yeah, I mean, it's a lot pop.

• 38:50Anthony Pompliano?

  What, um?

• 38:53Anthony Pompliano?

  What can people do to help you that maybe don't live near Bedford? Uh, maybe they can't, they have a job and they can't leave to go to a game or something like that. What, what can they do?

• 39:02Speaker 03

  Yeah, um, buy merch, uh, and just follow the team. Just, you know, get behind the team because it's, yeah, certainly if you're a Bitcoiner, you want this team to be a success because if it is, it is powered by Bitcoin. It is because we had a Bitcoin treasury and we had Bitcoin companies behind us. It's because we as a Bitcoin community went, this is our club. I can do all the work, but if, you know, Cameron Tyler or Nick from Luxor or the guys at Iron don't go, yes, our club as well and give me sponsorship money. I can't get the players. If all the, if Edgar in Minneapolis doesn't run, he doesn't meet up every Saturday at seven o'clock. They get to a brewery and they watch our game together, like 10 of them.

• 39:43Anthony Pompliano?

  And then he's Seven AM?

• 39:45Speaker 03

  Seven AM.

• 39:46Anthony Pompliano?

  That's something that happens in Minneapolis is, uh, seven AM at the brewery.

• 39:52Speaker 03

  Yeah, they probably were already going. But, you know,

• 39:55Anthony Pompliano?

  Shout out to Edgar.

• 39:57Speaker 03

  Edgar comes, his, his annual holidays to Bedford now. He comes, we made him a commentator at the game. He runs up and down the pitch with his scarf. But, but buy, buy a hoodie, you know, that's 50 pound for a hoodie. Buy a jersey, buy a scarf, follow the results, get behind it. That's what people can do because every, like, I'm not doing this for money. There's no world, like, I don't care if I end up with, if I could, if I ended up with zero X, if I ended up with 1% of the club with 100, 100 to one voting rights and they're in the Premier League, I'm the happiest man. I don't need to make any money from this, right? This is purely a dream for my team to try and be, uh, in the football league, you know, originally. And then just to create history by getting them in the Premier League. Like if this happens, someone will make a film about it.

• 40:42Speaker 03

  I know, and

• 40:43Anthony Pompliano?

  Are you guys filming it now?

• 40:45Speaker 03

  Our guy Kurt.

• 40:46Anthony Pompliano?

  A little bit.

• 40:47Speaker 03

  Yeah, we're taking Kurt on full time to do that because the amount of stuff we've missed by not recording it, we've had like just absolute gold moments. But the incremental benefit from the town, we have a Premier League team. Everybody in the world will know of Bedford. Okay. And then, so what does that mean? Well, that means when people in Korea or Australia or America are following football, they're like, ah, there's a team from Bedford. And when they come on holiday to the UK, some of those are going to come to Bedford, maybe go to Universal and they're going to come to the ground and they're going to spend money in the town. And so what this does, this creates jobs, opportunity and prosperity in Bedford. And so, so there's this symbiotic relationship between my dream and opportunity where I

• 41:32Speaker 03

  live for the people locally.

• 41:34Anthony Pompliano?

  And what is the people's reaction?

• 41:39Anthony Pompliano?

  I'm assuming most of them like this.

• 41:41Speaker 03

  It's a mixture of, well, look, there's a lot of people that still don't know this is going on. You can go in the town centre and say to people, yeah, what do you think of Real Bedford? They'll be like, what? Yeah, even though everything we've done, how noisy we've been, people still haven't heard of us. But generally speaking, it's almost universally, universally positive with a bunch of, what the fuck is going on here? What do you mean? The guys in the social network are co-owners and there's billionaires who own our club. And, and then there's this very small contingent of people who support Bedford Town, our rivals, who hate us, everything we do, they hate.

• 42:13Anthony Pompliano?

  Why is it just because they want the opposite team? Are you guys playing the same league and play each other?

• 42:19Speaker 03

  No, they're one above us. So I tried to buy them first, they said no. And so I was just very public, I was like, well, your plan isn't going to work and we'll be a bigger club and we will be like objectively, it's very obvious we'll be.

• 42:30Anthony Pompliano?

  I never even heard of them before.

• 42:33Speaker 03

  We are the two closest clubs in the country. There's a fence that separates us and so they just hate us and because, and it's the thing in football, you always hate your, if you're a Man Utd fan, you hate City. If you're a Liverpool fan, you hate Everton. If you're Arsenal, you hate Tottenham. We're Bedford, we're Real Bedford, they're Bedford Town. We've never played each other.

• 42:51Anthony Pompliano?

  Oh, interesting.

• 42:52Speaker 03

  And with three chances this year, FA Cup, FA Vars and County Cup, they're the three chances.

• 42:59Anthony Pompliano?

  Would you guys win?

• 43:00Speaker 03

  Be tough. I mean, they're going up to a higher league. They've got good players. We'll give them a good game, but I'd love us to win. But most of all, I want the game to happen for the town because it'll be a sellout. It'll be chaos. There'll be fights. People throwing beer at each other. It would be like absolute carnage. So.

• 43:19Anthony Pompliano?

  Only an Englishman could say it'll be great for the town. There'll be fights.

• 43:25Speaker 03

  I mean, it would just be fun, but you know, it will sell out. But yeah, they're the only people to dislike it. The mayor doesn't like us. The council a little bit don't like us.

• 43:36Anthony Pompliano?

  Is it because it's changed?

• 43:37Speaker 03

  Yeah, like who moved my cheese?

• 43:39Anthony Pompliano?

  Yeah.

• 43:39Speaker 03

  My cheese back. Yeah, it's changed. I think also for the mayor, he's just, he's probably not, he just went into this role of prestige and he's probably didn't expect or not used to somebody who just doesn't care who he is and is willing to tell him to fuck off publicly.

• 43:57Anthony Pompliano?

  Yeah.

• 43:57Speaker 03

  And I am, he can fuck off. I don't care about him. And so he's not used to that. So he certainly doesn't like us. There's some rugby fans locally probably don't like the fan, like the fact that football's taking the shine off it. I don't give a shit.

• 44:09Anthony Pompliano?

  Yeah.

• 44:11Speaker 03

  And so, so yeah, I mainly almost universally positive. People like if you live in a town that nobody has heard of, and then suddenly people from all over the world are traveling to it and they're spending money in your business and you've got a team going up through the leagues. It's exciting. It's exciting and people like it.

• 44:29Anthony Pompliano?

  Where can we send people to check out either merch, watch the live stream?

• 44:33Speaker 03

  Realbedford.com, R E A L B E D F O R D dot com. We'll get you out to a game.

• 44:39Anthony Pompliano?

  I'll definitely come. Hundred percent. Um, this is, I've saved my dumb American question for the end.

• 44:45Speaker 03

  Okay.

• 44:46Anthony Pompliano?

  Why do so many of the soccer slash football clubs use Real in the front of the name?

• 44:53Speaker 03

  Actually, it's only Spanish teams.

• 44:55Anthony Pompliano?

  But you're not Spanish.

• 44:56Speaker 03

  I know, I'll come to that. So Real is Spanish for Royal. So it's Royal Madrid or Royal Sociedad or Royal Betis. So when I bought the team, we were called Bedford FC and the next door was Bedford Town and people used to get them confused. So I was like, I've got to change the name. And I was in America and I went to watch Miami play Inter Miami, which is Beckham's team. Inter Miami comes from the Inter Milan. So we took the Inter from Inter Milan and mixed it with Miami and went Inter Miami. I was like, that's cool. I'm gonna go Real Bedford. But it's kind of like, ours is more of a joke because like Bedford is just like

• 45:34Speaker 03

  Miami is like, it's just a beautiful city. And Milan is a beautiful city. So they kind of, they kind of go together. Madrid and Bedford are opposite. And so, yeah, I just did it. And it's the kind of name, it's a funny story to this about, it's the kind of name you, so if you're, if you play five-a-side football, which is like in the evening with your friends, five-a-side, it's the kind of name you give your five-a-side team or your fantasy team. And I just thought it would always be funny if we went up through the leagues, that, you know, one day we'll get drawn out of the hat for the FA Cup and like a famous footballer would have to say Real Bedford. But it's a really funny story. So when I came up with the name, I was like, this is cool. I ordered all the merch, like

• 46:15Speaker 03

  tens of thousands of merch, got everything ready, went to the Football Association, where you have to register your team. There was already a Real Bedford.

• 46:23Anthony Pompliano?

  No way.

• 46:24Speaker 03

  Yeah, a Sunday League side, the bottom tier of Sunday League football. So I had to buy the name of them.

• 46:29Anthony Pompliano?

  Wow. But now you got it.

• 46:31Speaker 03

  Now I got it. Now I got it.

• 46:33Anthony Pompliano?

  All right.

• 46:33Speaker 03

  Thanks.

• 46:34Anthony Pompliano?

  RealBedford.com.

• 46:35Speaker 03

  RealBedford.com.

• 46:37Anthony Pompliano?

  I'll come to a game. Hopefully you don't ask me to play.

• 46:40Speaker 03

  Yeah, Jason Williams keeps asking to play.

• 46:42Anthony Pompliano?

  He should, he's good.

• 46:43Speaker 03

  He's an old man now.

• 46:45Anthony Pompliano?

  No, no, he's good.

• 46:47Speaker 03

  He's an old man. Come on, what is he?

• 46:48Anthony Pompliano?

  No, I've seen him play. He's good.

• 46:49Speaker 03

  He's like 49, 50?

• 46:50Anthony Pompliano?

  Nah, he's like 22. You should, you should definitely let him play. If for nothing else, if you want eyeballs, if he plays, for sure, people will watch. And if he scores a goal, you'll never hear the end of it.

• 47:01Speaker 03

  Dude, I'm, I'm everything off the pitch.

• 47:03Anthony Pompliano?

  All right. We'll do it again soon.

• 47:06Speaker 03

  Thank you, pump. Appreciate this.