Sponsorship agreement paid out in Bitcoin

Southampton, according to Telegraph, will become the first club in the world to be paid in Bitcoin cryptocurrency by its main sponsor, Sportsbet.io of Coingaming Group.


Celebrating the three-year renewal of their partnership with Sportsbet.io, as the most important in the history of the club, they announced that the agreement “includes the option of paying some bonuses in Bitcoin at the end of each season, which allows the club the opportunity to take advantage of the new currency “.


“Sportsbet.io has built a successful business, making sense in the market, but in a responsible way, and their approach to working with them has been no different,” said David Tomas, Southampton chief commercial officer.


Southampton decided in August to terminate what was a 3-year contract with LD sports amid fears of future failing and funding.


Sportsbet.io also sponsors Watford and Brazilian club Flamengo.