The Football Association, English Soccer’s regulating human anatomy, has severed its sponsorship that is four-year deal Ladbrokes after just one season.
The FA announced on Thursday it would be not only cutting short Ladbrokes, worth to its deal some £4 million ($5 million) each year, but also are banning all commercial sponsorship deals between betting businesses and the FA now and in the long term.
Ladbrokes will no longer be the official bookie of the FA, as English soccer’s governing body reassesses popular betting shops to its relationship.
The relationship between your FA and gambling has come under increased scrutiny, due to a few player that is high-profile scandals. The attention comes at a right time when English soccer gets more included with betting businesses. (Currently 50 % of Premier League teams have bookmaker or other gambling operations as their consistent sponsor.)
Of late, Burnley player Joey Barton was handed a 18-month suspension after he admitted to putting 1,260 bets on soccer matches since 2004. At 34-years-old, the midfielder says the ban on all activities related to soccer will end his career effectively.
Barton publicly criticized the FA on social media for failing to acknowledge its clear conflict of interest when it comes to gambling.
‘In the event that FA is truly intent on tackling the culture of gambling in football, it needs to look at its own reliance on the gamblin Continue reading “FA Quits Ladbrokes Sponsorship Deal After Player Betting Controversies”