Cryptocurrency company offer to be Barcelona’s main sponsor

Footy Headlines report that Barcelona have received offers from a cryptocurrency company socios.com to become the club’s new main sponsor. 

The media outlet further reports that the offers made to the board were very tempting. However, the amount of risk and variables involved in the cryptocurrency market is very high, a factor that has left the board in a dilemma.

Moreover, FT also says that the board feels that the sector represented by the crypto firms does not represent the club’s ideologies and beliefs to some extent. 

Barcelona will reportedly only consider this move if the money is too good to refuse. However, as things stand, the chance for socios.com to become the primary sponsor for the infamous garnet and white is very low. 

Barcelona’s main sponsor at the moment is the Japanese company Rakuten. Since 2017, Rakuten has been paying Barcelona 55 million Euros a year to appear on the front of the jersey. Moreover, they have extended their deal for the next season.

Barcelona are in desperate need of funds, and a new sponsor could go to great lengths in providing the cash flow. The cryptocurrency market is a brand new cutting edge introduction that has been booming over the past year. 

 Despite the risks involved, the offer worth be one worth considering for Barcelona. Moreover, it is to be noted that Socios.com already has associations with many top European clubs like Paris Saint Germain and Atletico Madrid.