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Is the future of football financing in cryptocurrency?
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Football’s relationship with technology hasn’t been the best historically. Just a few years ago, David de Gea’s transfer to Real Madrid fell through because the fax machine was too slow. But now, there has been a breakthrough as cryptocurrency finds its way into the sports world.
Ex-Real Madrid forward David Barral made transfer history in early 2021 when he became the first footballer to be signed with Bitcoin used as payment. Spanish team Dux International announced the move on Twitter saying, “He becomes the first signing in history in cryptocurrencies. Thanks to Criptan, our new sponsor, for making it possible”.
However, they are not the only club to have dabbled in crypto. Italian Serie C club Rimini FC sold 25% of their stake using
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