“I think this shows the risk and the volatility of the marketThe initial Consensys deal was mooted as £400m over 10 years. That’s £40m per year. This one is down to £30m.
“Consensys eventually wanted to lower that because of what had happened in the market. So, at the moment £30m seems like a really good deal.This startup seems a little more advanced in the sector. They have been valued as high as $4bn, although that is a valuation in a very volatile market, so it doesn’t hold much weight.So, there is still a risk factor. But if the Premier League can sign a £30m deal, the clubs will be saying ‘show us the money.
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mcfc_lads City_Chief KieranMaguire 😬😬