THELOGICALINDIAN - Polkadot and Binance accept both attempted to sponsor the Spanish football club
FC Barcelona, a Spanish football club additionally accepted as Barça, has reportedly alone advocacy bids from assorted crypto firms.
Barcelona Rejects Crypto Sponsorship
Spanish bi-weekly Action appear on Feb. 22 that the football club and its president, Joan Laporta, alone assorted advocacy bids from cryptocurrency exchanges and companies.
The bi-weekly cites a “lack of aplomb in the area and the abridgement of bread-and-butter bendability of the [sponsorship] proposals” as the club’s acumen for abnegation those offers.
Though Sport did not announce which companies were rejected, Polkadot and Binance were both said to be behest in January. Polkadot was accepted to pay $110 actor over bristles years; the bulk that Binance would accept paid is unclear.
It should be acclaimed that some letters appropriate that Barcelona intends to accommodate multiple sponsorships, and as such, it is almost accessible that Polkadot and Binance are not amid the cryptocurrency sponsors alone by the football club.
Other Sponsors Include Rakuten, Spotify
Now, Barcelona is closing a advocacy accord with music alive aggregation Spotify. Spotify will accretion amphitheater allotment rights as able-bodied as a attendance on assorted aggregation uniforms including the aboriginal aggregation kit, women’s kit, and training kit.
The exact bulk complex in the Spotify accord is still cryptic and will acceptable depend on amateur performance, according to Sport. However, added sources that Spotify will pay about €280 actor ($320 million) over three years for the sponsorship.
Previously, FC Barcelona was sponsored by the Japanese e-commerce armpit Rakuten, which incidentally offers a agenda wallet with some crypto features. That advocacy concluded in 2024.
Disclaimer: At the time of autograph this columnist captivated beneath than $100 of Bitcoin, Ethereum, and altcoins.
