Lionel Messi, the football superstar moved from FC Barcelona to Paris St Germain and the new financial package includes payments in the club’s crypto fan token according to reports that we have in our latest cryptocurrency news today.
Paris Saint-Germain revealed that the financial package of the latest contract with Lionel Messi includes the club’s fan token. As per the statement of the Qatar-owned French club, the wage deal agreed with Messi who is a six-time world footballer, includes the crypto $PSG Fan Tokens.” the club’s statement read:
“This initiative positions Paris St Germain once more like one of the most innovative and avant-garde brands in the sport globally.”
Messi joined PSG this week as a free agent after Barcelona acknowledged they can no longer afford him. Unsurprisingly, after the announcement that Messi is joining the club, the fan token named PSG/USD launched by the club resumed the uptrend and jumped by 10.57% to hit the intraday high record of $41.90. The upside is coming on the backdrop of the 40% bearish correction recorded by the token when it hit a high of $61.53 back on Tuesday when the speculation that Messi will sign a multi-year contract with Paris Saint-Germain first hit the wind.
Even though during the emotional address he noted that nothing was really confirmed yet and that the possibility of the move was under discussion which didn’t stop to purchase a unit of the club’s token to increase by about a hundred percent right after. It returned to normal due to what seemed like profit-taking but then resumed its bull run entering the session on Thursday a day after Messi finalized his two-year contract with Paris Saint-Germain.
As reported recently, The Ligue 1 club, Paris St.
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Germain or also known as PSG, partnered with the blockchain company Socios.com which is based in Malta. This partnership is based on the ‘socios’ concept that exists between the football fans of Real Madrid and Barcelona, two of the most popular and successful Spanish football clubs. Meanwhile, PSG is more than just a football club – it is a brand followed by many supporters. As the most dominant team in the past few years, it plays in the highest tier of the French soccer league and has been even hailed as the country’s “most popular” team.
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