WARSAW gone a 112-year-old Polish football club gone 13 national championship titles teetered dangerously close to bankruptcy, its fans stepped in gone funding.Wisla Krakow supporters became equity investors, saving their beloved team and boosting an emerging bay capital announce in the process.They drummed stirring 4 million zloty (S$1.4 million) surrounded by 9,129 investors who bought 40,000 shares in less than two days earlier this year, using the Beesfund crowdfunding platform. The fast-track fundraising has attracted supplementary sports teams to the platform, said Beesfund chief running manager Arkadiusz Regiec.The clubs are adding together to Beesfund's roster of clients, which back Wisla's fan-led revival included restaurants, opinion technology start-ups and independent breweries typical of crowdfunding operators abroad.Beesfund estimates it may urge on to lift as much as 80 million zloty this year, bolstered by request from sports teams and in contrast to a persistent lull in initial public offerings on the Warsaw collection Exchange. "Crowdfunding should allow to us to run away this grim get older we're experiencing in Poland's capital market," Regiec said in an e-mail."It's a chance for people to become shareholders in businesses they understand, without intermediaries. This seems to be attractive, even if we offer lovely high-risk investments."BLOOMBERG



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