Newcastle United Has Acquired A New Crypto Trading Sponsor

Newcastle United, one of top Premier League football teams in England has now officially acquired a new crypto trading sponsor. Let’s find out more about it in the latest cryptocurrency news below.

According to the new press release published today, StormGain is the new Official Sleeve Partner for Newcastle United and will now have the name of the cryptocurrency trading platform and the brand as well on the team’s shits in 2019/2020. As a part of the announcement, the football team fans can now participate in the crypto trading platform promotions, attending the Premier League matches and training as well as get some signed shirts. The Newcastle United Head of Commercial Dale Aitchison stated:

 “We are always looking to support the club’s development by pursuing new commercial opportunities and this represents another important partnership for the club. StormGain will offer a range of incredible opportunities and money-can’t-buy experiences for fans, so we are really excited to be working together.’’

The crypto organizations are highly targeting football teams now as partners and sponsors. Back in June, the Portuguese football club SL Benfica had started accepting bitcoin payments and ether payments as well for match tickets and for club merchandise.
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The goal was to get ahead of the increased crypto adoption among the football clubs and to take digital currency payments via the processing company UTRUST. Also in May this year, the crypto price aggregator CoinMarketCAP started sponsoring the Beitar Jerusalem Football Club as an official partner and one of the most popular players in the country Yossi Benayoun is now a prominent bitcoin investor.

One of the facilitators of the rising crypto and football wave is the Premium Division team Gibraltar United which was the first to launch crypto payments for its players attempting to provide increased transparency and reduce the corruption in the sports industry once and for all. According to the Gibraltar United Co-owner Pablo Dana, the cut down of fees and taxes and embracing crypto as a football team will help the foreign crypto players that have a hard time opening bank accounts in Gibraltar. As noted in the coming altcoin news, it will be very interesting to see how the football clubs like Newcastle United and others will increase the crypto adoption to other sports industries as well.