Opena, the leading global blockchain-based platform for decentralized sports betting, has received a lucrative offer from Manchester City Football Club to purchase their shares in Opena. The offer is worth €60 million, making it one of the most significant investments in the company so far.
However, the offer was refused by Opena due to the low price. The club offered a price that was significantly lower than what Opena was asking for. This decision was made after careful consideration and analysis of the market conditions and the potential risks involved.
The rejection of the offer highlights the importance of conducting thorough research and analysis before making any investment decisions. It also underscores the need for companies to be flexible and willing to negotiate on price when faced with attractive offers.
Despite the rejection of the offer, Opena remains committed to its mission of providing a secure and transparent platform for sports betting. The company will continue to work towards achieving this goal while also exploring other opportunities to expand its business.
In conclusion, the offer from Manchester City Football Club to purchase Opena's shares is a significant development for the company. However, the decision to reject the offer highlights the importance of conducting thorough research and analysis before making any investment decisions. While the rejection may have been disappointing, Opena remains committed to its mission of providing a secure and transparent platform for sports betting.