Bitcoin Forum

       It's no news that some football clubs might consider paying players in bitcoins sooner rather later with the continued surge of the currency football clubs like Southampton and Tottenham have partnerships with some Bitcoin firms and Southampton plays could be paid bonuses in bitcoins.
      Could this be the way forward for football clubs in the future

this usually depends on the sponsor funding their football team. because there's not just one sponsor. so regardless of future payments or bonuses in the form of Bitcoin will become a reference for the football club. Although currently, most of their sponsors are dominated by retail companies and stock giants. maybe if a certain football club prepares their crypto as did one of the Juventus football clubs, which currently their crypto operates on the Binance exchange.

It could be, and as far as I know there are other athletes requesting to be paid in BTC, and other accepting it as mode of payment, NBA Team Sacramento Kings to Offer Players the Option of Getting Salary Paid in Bitcoin. (https://news.bitcoin.com/nba-team-sacramento-kings-players-salary-paid-in-bitcoin/) And in Chiefs Tight End Sean Culkin to Convert Entire NFL Salary Into Bitcoin. (https://www.coindesk.com/chiefs-sean-culkin-convert-nfl-salary-bitcoin) And then we have Stake.com confirms first crypto sponsorship as they sign Israel Adesanya as ambassador. (https://www.mediareferee.com/2021/01/20/ufc-news-watch-stake-com-confirms-first-crypto-sponsorship-as-they-sign-israel-adesanya-as-ambassador/) So you don't have to look in the future, it's already happening all over sports now.

This will be great news, However, i don't believe that its adoption can completely eliminate the use of fiat currency. It will be difficult for bitcoin to get mainstream acceptance and adoption without government support. So until the government backs up the credibility of bitcoin, many football clubs might not be able to use it.

NFL players are asking to get paid in bitcoin for a long time now and some of them got paid already so I think that it will only be a matter of time before we can see football players receiving their slaries in bitcoin or their preferred cryptocurrency. That is one step towards adoption.

They are clubs that have partnerships and sponsorships with Sporstbet.io gambling site. Sportsbet.io's partnerships (https://sportsbet.io/en/about/sportsbet-io-partnerships). Watford is the first club in England has Bitcoin logo on their sleves.

Watford agree sleeve sponsorship with Bitcoin in Sportsbet.io expansion (https://www.sportspromedia.com/news/watford-sleeve-sponsorship-bitcoin-sportsbet.io-expansion-cryptocurrency).

Bitcoin will be used more by companies and salary can be paid as an optional method for players, staffs. I only have my curious issue with such payment: privacy and anonymity for payment receivers.

It is just going to be an option for those football players if they prefer to accept their salaries in bitcoin.
Cryptocurrency mainly bitcoin, it is becoming popular and football clubs who have already started with sponsorships and partnerships with bitcoin related websites which is giving an entry to the club itself, players, staffs, management and as well fans.

Adopting Bitcoin can be a good promotional move as it can surely be getting some good amount of media attention. Going deeper, I think that maybe we are already in the stage where Bitcoin (in particular and crypto in general) is getting the acceptance of a critical and influential number of people and organizations. We in this industry are all hoping that this is just the start of this evolution and that soon many other established firms and clubs will also be endorsing Bitcoin. This is a good path towards mainstream adoption.

Not one of the Juventus football clubs, there is only one Juventus FC.  ;)

It's important to mention that Juventus has an agreement with socios.com. It's a community for fans. It's got nothing to do with players and club officials getting their salaries paid in bitcoin or other cryptocurrencies. The fan token that Juventus released allows fans to vote on certain things, but that's it. One of the things they could vote for in the past was the goal celebration of players. Another voting system was created to design the graphics on the team bus.

I am sure that crypto companies will soon sponsor many football clubs.

Maybe bitcoin will co-exist with fiat currency because bitcoin needs approval from the government to be used as the payment system besides fiat currency. Even if our local store accepts bitcoin, that will still need government approval not to break any government regulations. Maybe it needs more time before the football clubs can be able to use it and until that time, we need to prepare ourselves for the coming.

I heard that Southampton FC players can receive some percentage of their choice in Bitcoin, and one Nigerian player Ifunanyachi Achara from Canadian club Toronto FC also receives his paycheck in Bitcoin with Bitwage platform.
I am not exactly sure how exactly Bitwage work, calculate and pay people, but they are register US company and they work with many individuals and companies.
Other players and clubs will also face with inflation crisis soon and many of them will join Bitcoin community sooner or later.
https://www.europeworldnews.com/toronto-fc-soccer-player-chooses-to-receive-his-salary-in-bitcoin/

As far as I can remember some football clubs since three years ago or more already has a betting sponsor partnership with various casino, so it's definitely going to be a trend. Maybe not for the top clubs, but mid-low table clubs could easily accept them, especially if the deal is good.

you don't need to start a partnership with some centralized "firm" to be able to pay your employees in bitcoin. you just have to have bitcoin and just pay them as you pay them with fiat but without needing the third party such as a bank.
that is not different for a footbal club.

I see the deals that football clubs have made in bitcoin and many altcoins lately. There is an interest in cryptocurrencies in the football world. this interest is increasing day by day. I think this is a very good development. because what I noticed lately is that most of the new arrivals are people who are also betting. In other words, the more we are heard, the more people we reach. That's the good thing.

Yeah, i can recall awhole ago, bitcoin was one of the icons on the Southampton Jersey and had booking reservations in the Saint Mary's Stadium for the best views from a vip spot of the entire game. It was and is still an awesome development.  I'm sure it brought some promotion to bitcoin and in time when the value of bitcoin becomes more and more accepted by the world, the next big 8nvestorss would be the football clubs and the footballers themselves. They are sure to come into the market huge and we would experience another boom that would create another all time high because, its on the way.

The idea of football companies buying into bitcoin or even cryptos generally has paved way for projects to be of more value and sports to be more appreciable in the society that has a stronger bond for soccer than they do for any other. Let clubs take their positions in the bitcoin space and see the fortune it gives them.

There are other fan tokens already available in the crypto market such as PSG, JUV, ATM, ASR ... and all of them are trading in many exchanges including Binance. I can see in the future that players will be paid on their own native fan tokens. We are in the era of digital currencies which will make the future of our children be more reliable than that of which is controlled by the Government through the banking system.

Large amount transactions with ease is one of the purpose bitcoin and other crypto were made,so it might be the future for bitcoin and other crypto

What's the point of football clubs paying their players with Bitcoins?Do the clubs get any benefit from that?
I don't see any benefit from such move.It would be way better for the football clubs to just buy lots of BTC and HODL them.Many football clubs have problems with debt,so having an asset that gets more valuable in the long term is a way to make more money and payoff their debts.
If the football players want to adopt Bitcoin,they could just buy BTC with their fiat salaries.

Teams that cannot make money from tickets during the pandemic period make money by issuing tokens. If we give an example, we can give examples of teams such as paris, juventus, barcelona. I think it will continue after the pandemic.

Maybe it will happen soon in the community of football, players may receive bitcoin as their payment but before it happens, they should be informed first what bitcoin is and even some knowledge about decentralization and blockchain as well. This is the thing about cryptocurrency, it is hard to implement cryptocurrency as a means of payment because not all people knows about it and some people still prefer with traditional way or the fiat currency.

Your suggestion for football clubs that have problems with debt is to gamble on bitcoin and hope that the price will pump hehehe. That is not a very good tactic for the CEO to keep his job, I reckon hehe.

@Alucard1. What they should be informed about is the volatility. Their salary can be -10% in 1 day after receipt hehehe.

I don't think it is the way forward. Rather, it is just an option for the players. Bitcoin has not yet reached to that level, where it can replace the value of money. Hence it is not yet a preferred choice for the players to get their salary. They probably wouldn't mind getting the bonuses in bitcoin, but it is still a distant future when the players will get the salary in bitcoins. So it's not a way forward as of now but may change in future if bitcoin really follows the stock-to-flow model and reach 1 million. Some players might want to have a little amount of bitcoin in their wallet looking at the future possibilities. But that's not going to become a trend anytime soon! 

I think many soccer clubs are dependent on bitcoin. Bitcoin will bring the football club rich. They will have money to buy players, build new stadiums. They invest in promoting the club brand. How do you feel about this problem? In my opinion it is great for those clubs.

Away from Bitcoin, I think clubs should begin advertising for alts.

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I think those who are advocating the complete eradication of fiat or replacement by Bitcoin are too excited to consider the tiny part that won't make this possible. Bitcoin is high tech to be easily understood by the old and illiterate folks to be able to assess. Again, electricity isn't yet in every nation and that's the backbone on which Bitcoin operates.


There are some clubs which are already using it. I don't think it needs government's support before any club can do that, provided the government doesn't ban it. Talking about mainstream — the British Pounds Sterling isn't an internationally recognized currency over the US dollar, yet it's still more valuable in strength than the US dollar. Bitcoin doesn't need to be adopted by mass before people will begin to use it.

After reading the article and it was in the news in 2018, it fills me with joy for the important initiative of eToro to create alliances linked to Marketing so that soccer adopts bitcoin and blockchain technology is a long way as they affirm, because implementing a new one technology requires consensus, effort and development for the best use of it.

It is worth noting that this agreement was thanks to Tottenham Hotspur who are lovers of innovation and new technologies. On the other hand, eToro is established as the first company to pay for a Premier League partnership in bitcoin.

Bitcoin and crypto is becoming mainstream these days and more and more companies and clubs are ready to make payments to players and employees in bitcoin for which they need to have wallet and just transfer funds to the receivers Bitcoin address at once without any centeral intervention of banks.Here is list of some football Bitcoin related news:

1)First football transaction in bitcoin (https://www.bitreporter.com/bitcoin-news/the-first-football-transfer-paid-in-bitcoin/)

2)Bonus to players in bitcoins with sponsorship of sportsbet.io (https://news.bitcoin.com/english-football-club-signs-sponsorship-deal-that-includes-option-of-being-paid-bonuses-in-bitcoin/)

3) Sacramento Kings to offer salary in bitcoin (https://news.bitcoin.com/nba-team-sacramento-kings-players-salary-paid-in-bitcoin/)

4)NFL player to get paid in bitcoin (https://www.google.com/amp/s/www.coindesk.com/panthers-russell-okung-becomes-first-nfl-player-to-be-paid-in-bitcoin%3famp=1)

These days Bitcoin demand is increasing among masses as they have realised that fiat value is going to depreciate over time with inflation and moreover they have to disclose their earnings to government and have to make third party transactions.But with Bitcoin comes profit and freedom of your funds which is future.Many more will also adopt the same method in future.

To pay using bitcoin, it seems that players will also think about the risks that will arise.
Bitcoin is very volatile, of course, provides a big risk to lose value faster. soccer players will still think about accepting payments using bitcoin. Maybe if only a few bonuses were using bitcoin it wouldn't be a problem. Because nowadays many football clubs are launching their own club coins.

I would have love to see some links to the news about some of the club listed above wanting to pay with bitcoin. I am not doubting this especially now that some clubs sponsors are known bitcoin projects. The most recent one is the crypto.com sponsoring Italian cup final https://www.coindesk.com/crypto-com-official-sponsor-italy-soccer-cup-final

Yes, seeing the very rapid development of bitcoin makes in all vectors, not only football, now bitcoin is widely used as a legal payment method. This shows a positive and many people are very interested in bitcoin as a payment method to consider in other fields. The hope is that if bitcoin can be accepted well, bitcoin development will continue to increase. This is a positive signal that bitcoin has a good future, even though we never know how long it will last.

The phenomenon of the use of Bitcoin in football has actually been going on for several years.
According to my knowledge Bitcoin began to touch in the world of football in the range of 2018. The profit in the use of Bitcoin is to reduce the practice of corruption in the world of football.

Yes, I think you're right. In 2018, the cryptocurrency venture Quatocoin reportedly purchased a 25% stake in the Italian club Rimini FC 1912 using the cryptocurrency.
This is the first time a cryptocurrency was used in professional football, as far as I know.

This is one step forward for sure. But the aim here is advertising Bitcoin rather than focusing on paying with Bitcoin fully. Because everybody is aware of something that people can make investments with their salaries also.

It looks like it would be cool if soccer players were paid with bitcoin hehee, and lots of sponsorships that come in, of course this will be a historic era in the world of crypto. nothing is impossible in crypto history

Football clubs don’t want to be left out of the crypto surge, that is why some clubs are optioning in for payment using cryptocurrencies such as bitcoin. This will give the club’s players an advantage over other players that are paid in none Crypto. The players stand to make huge profits from their holdings because of cryptocurrency market volatility.

That's good news. More and more are adopting to Bitcoin and probably more will follow not just other teams in football but other sports will go into it in no time. They're probably be having a huge profit out of it in no time plus having a permissionl ess transaction with banks.

If I'm not mistaken, I've seen the club vs. bitcoin, in my opinion this news is familiar to the forum community.

For example topics that have discussed about it.

Topic: ###Bitcoin Draw Club### (https://bitcointalk.org/index.php?topic=1517942.0)

Topic: BITCOIN SPENDING ON FOOTBALL TEAMS (https://bitcointalk.org/index.php?topic=1777662.0)

Topic: Crypto has made it to mainstream! Football clubs PSG and JUV have their own coin (https://bitcointalk.org/index.php?topic=5301907.0)

My opinion:
I hope that by 2025 all football clubs can pay their salaries or bonuses using Bitcoin to all the teams in football clubs in the world.

In terms of economics, bitcoin is promising, but whether it will be easy to make a payment agreement because the price of bitcoin or other crypto always move in seconds.
and that must also have the approval of various management in the team and the players. if you want other bitcoin / crypto payments

Thanks to Chiliz (CHZ), I saw and learned the investments made by football clubs in cryptocurrencies. Football clubs have started to give importance to crypto and teams have started to issue their own cryptocurrencies, this is a good development. Regardless of the field, the increasing importance of cryptocurrencies is something that will benefit us. Football is already a very fanatic field, so I hope it will be given more importance.

If there is a team start to use bitcoin as a payment method, others will learn to do the same. Every football club has a company behind it and they are very rich. Paying bitcoin as salary will be a good news to consider because when a football club makes that decision, it will spread the word around the globe. Bitcoin will surely be beneficial a lot from that kind of activities