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Crypto group to take over Crawley Town

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This is quite funny:

Smith has cited one possible use of the NFTs to be the opportunity for fans to remove him as a club director should Crawley not be promoted to League One in two years.
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Billy Dean said:
What could possibly go wrong?

www.theguardian.com

‘We’re going to shake up the status quo’: cryptocurrency group take over Crawley

US investors Wagmi United have pledged to try ‘new ideas’ at League Two club Crawley, including selling NFTs that will potentially allow buyers to make decisions in the club
www.theguardian.com www.theguardian.com
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How is the Football League unwilling or unable to block this sale? In most jurisdictions, DAOs have no legal status. I would think that the inability to sue them would constitute a disqualifying condition for ownership.
 

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