Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Man Utd agree lucrative £20m sponsorship deal with blockchain platform

Manchester United have often been accused of putting off-pitch results before footballing matters, and they've not helped themselves with their latest announcement.

The Red Devils have announced they've taken their first step into cryptocurrency by partnering with a blockchain company.

There's been a lot of talk about cryptocurrency and football overlapping recently, with the likes of John Terry, Reece James and Trent Alexander-Arnold all investing in Non-Fungible Tokens [NFTs]. But there have been criticisms of the unregulated and volatile nature of some crypto markets.

Numerous Premier League teams have taken up sponsors from the cryptocurrency world, including Wolves and Norwich.

And now, United have joined the craze, accepting a deal worth £20million annually just for the sponsorship of their training kits.

The deal is likely the largest of its kind, considering the company involved, Tezos, will have no naming rights for the club's Carrington training ground, as was the same with AON's sponsorship for the last eight years.

United fans will no doubt be hoping this investment leads to further changes on the pitch, following a revamp behind-the-scenes at the club which has seen John Murtough and Darren Fletcher heading up the football side of operations.

The club's last piece of silverware came five years ago under Jose Mourinho, who lifted the League Cup, Europa League and Community Shield.

But since then, United have largely been accused of putting off-pitch matters ahead of their performance-related issues.

This was a theme during Ole Gunnar Solskjaer's spell at Old Trafford, with many believing the Norwegian manager was allowed to outstay his welcome due to the club's commercial successes.

Despite United

Read more on msn.com
DMCA