FC Barcelona Rejects “Unethical” Cryptocurrency Sponsorship Offers

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Alex Dovbnya

Cryptocurrencies dangled large sums of cash in entrance of Barcelona, however the skilled football membership has rejected their profitable provides

Spanish skilled football membership Barcelona has handed on a number of extraordinarily profitable blouse sponsorship offers presented via cryptocurrency corporations, in keeping with a record printed via native day-to-day sports activities newspaper Marca.

The board of administrators of the mythical Catalan membership has described the cryptocurrency sector as “speculative” and “dangerous”:

This can be a speculative, dangerous, extremely variable and unethical sector.

It has made up our minds to settle with Swedish song streaming large Spotify even supposing the latter presented much less cash than the cryptocurrency corporations that experience approached Barcelona.

Previous this month, Reuters reported that the membership had inked a three-year deal price $320 million following its protracted seek for a brand new spouse. The partnership, which is but to be formally introduced, can be one of the vital greatest offers for on-shirt promoting. The streaming large can have its emblem embellish the entrance of the taking part in shirts of each the lads’s and girls’s groups.

Again in 2016, Barca struck a big sponsorship take care of Eastern on-line store Rakuten, but it surely has now expired. Previous to that, it had joined forces with Qatar Airlines.

One of the vital international’s richest soccer golf equipment refused to signal a blouse sponsorship for greater than a century. In 2006, it in the end signed its ancient take care of United Countries company UNICEF.

Regardless of its contemporary refusal to signal a blouse sponsorship take care of cryptocurrency corporations, Barcelona hasn’t been in particular crypto-shy. In February 2020, it inked a world partnership settlement with blockchain platform Chiliz.  

Previous his yr, English football membership Manchester United lately signed a multi-million buck take care of Tezos.

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