Crypto Companies Pour $170M into Premier League Sponsorships

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الإمارات العربية المتحدة أخبار أخبار

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According to a September 7 report by Bloomberg, Premier League clubs have secured a record-breaking $170 million in sponsorship deals from crypto companies for the 2024/25 season.

The crypto sponsorship influx isn’t limited to just the biggest names in the biggest leagues; Turkish side Galatasaray recently signed a two-season deal with blockchain analytics firm Arkham Intelligence, worth about $4 million, to have its logo featured on the team’s shirt sleeves.For PL clubs, these partnerships mark a major shift in the sponsorship landscape, especially with a looming proscription on front-of-shirt gambling ads by mid-2026.

However, according to Daniel McDonagh, an associate at UK law firm Charles Russell Speechlys, who was quoted in the Bloomberg report, crypto firms are now stepping in to fill the vacuum caused by the limitations on gambling sponsorship.

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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