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FCBarcelona: Laporta turned down a fortune in cryptocurrency

These proposals offered more money than Spotify, but the board rejected them because they did not feel comfortable with this sector.

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The Catalan club do have a partnership with Socios.com and Chiliz.net, offering fans Fan Tokens which are a type of sports cryptocurrency, but FC Barcelona president Joan Laporta felt more secure in choosing the lower offering from music giant Spotify.

“It is a speculative, risky, highly variable and unethical sector,” explained the club’s board.

This summer, Joan Laporta’s board rejected an offer of €70m plus a 20% bonus depending on the men’s first-team results. This was not enough to encourage them to forge a closer link with the sector.

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The offer passed Barcelona’s internal checks, including those of the compliance department, but didn’t convince either the commercial department or the board. Other proposals from the sector arrived in the months that followed, but all were rejected in the same way.

In addition to money, FC Barcelona is looking for sponsorship in line with the values ​​of the club, enshrined in the support for the Universal Declaration of Human Rights which was included in the club’s statutes at the last general assembly of members. compromise.

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