Guess Which Premier League Football Clubs Just Got Sponsored with Bitcoin?

Описание: Guess Which Premier League Football Clubs Just Got Sponsored with Bitcoin?
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The global trading platform eToro has just announced a sponsorship deal with seven English Premier League football clubs, and in a move that is a first of its kind, clubs will be paid for their advertising with Bitcoin.

Premier League makes crypto moves

In a move that is the first of its kind for top-tier clubs in English football, seven prominent teams will be paid in Bitcoin (BTC) for advertising space and sponsored player access. The clubs involved in the sponsorship are confirmed as Newcastle United, Tottenham Hotspur, Crystal Palace, Leicester City, Cardiff City, and Brighton and Hove Albion.

The snagging of high-profile clubs such as Tottenham, Newcastle, and recent Premier League champions, Leicester City, could end up playing a major role in exposing cryptocurrency to the eyes of the masses. The stadium at which Newcastle play their games, St. James’ Park, for example, has a seated capacity of over 50,000. That’s 50,000 people who will see little cryptocurrency symbols on the LED advertising boards every second weekend.

Details of the sponsorship deal are relatively scarce at the moment, but like most sponsor arrangements it is thought that it will also encompass player access. This means that before long we could see players flying the flag for crypto, or at the very least, eToro.

While the deal may be interpreted as a big win for eToro, the biggest impact may end up being felt more broadly, with a relatively unlikely crowd of football fans now being exposed to cryptocurrency.

The combined capacity in the stadiums across all the clubs mentioned exceeds 200,000, and this may end up doing more for crypto and blockchain awareness than any advertising campaign ever could.

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