This Premier League Team Will Receive Payment In Bitcoin
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English Premier League team, Southampton has signed a sponsorship deal that includes the option of being paid in Bitcoin
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The club announced it plans to seize the opportunity that lies in the growth of crypto
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As a part of this deal, Sportsbet.io will continue as the club’s front-of-shirt sponsor
English Football team, Southampton has signed a sponsorship deal that includes the option of being paid performance bonuses in Bitcoin.
As a part of this deal, Southampton’s partnership with the Coingaming Group will be extended for 3 more years.
The club released a statement on April 8 stating plans to take advantage of the growing cryptocurrency.
(The BTC bonus) allows the club the opportunity to take advantage of the new, high-growth currency if it feels it will bring significant future benefits.
According to the statement, Southampton can decide to be paid in BTC by the end of the season.
The English Premier League team’s Chief Commercial Officer, David Thomas praised Sportbet.io’s for the deal.
He also expressed his happiness at becoming the first football team in England to accept Bitcoin.
Read also: Crypto Market Surges Above $2 Trillion As Bitcoin Passes $60,000
At the time of this report, Bitcoin is trading at $59,678, up by 2.46% in the last 24 hours.
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