FC Barcelona have been offered some new opportunities to escape their current financial crisis. Recent reports suggest that a number of cryptocurrency companies have expressed interest in sponsorship deals with wildly popular clubs, even losing some of their existing partnerships.
Rakutin, the club’s main shirt sponsor, has a contract with Bloggers until June 30, 2022. However, recent developments have further strengthened the relationship between the two institutions. The Japanese company was not happy when a video went viral showing Osmane Dumble, the team’s first player, making fun of Japanese hotel workers when Antonin Griezmann laughed with him.
According to BrandThe Rocket deal has dropped by 25 million, but there is no indication that it is a direct result of the racism scandal. However, it remains to be seen whether the company will go beyond its current contract with the club. The uncertainty surrounding Lionel Messi’s contract is also affecting the sponsorship scenario.
In addition to Rakin, left-arm sponsor Beko has also slashed the price of his partnership with the club from 19 19 million to مل 10 million this season. Their logos will now only appear in training gear until the end of the season, with a significant gap in space.
This is where cryptocurrency companies are being targeted, with Rakutin set to make a long-term plan to sponsor the central shirt from 2022. However, the club is reportedly cautious, as the cryptocurrency market is highly volatile.
The club does not want to be involved in the controversial industry, but at the moment they have no choice. The truth is that they are so deep in debt and their expenses are so high that they may not even be able to register their newly signed players. If the corrupt sponsors offer a lot of money, the club may be offered something they can’t possibly refuse.
Club president Juan Leporta has made it his mission to retain Lionel Messi, but if he doesn’t act fast, he won’t be able to cut wages and raise enough money to do so. If only the cryptocurrency market is loosening soon with the cash available in the economic climate, it may soon lift its sanctions.