Division six British football franchise Oxford City Football Club (FC) will become the first team in the UK to accept matchday payments using Bitcoin once their season starts on August 6.
Bitcoin Adoption Gains More Momentum
In addition to purchasing tickets, club supporters can also pay for food and drinks at Oxford City’s RAW Charging Stadium using BTC via the Lightning Network.
To realize this vision, the team has entered into a multi-year agreement with the Isle of Man-based Bitcoin company CoinCorner. The back of the team’s shirts will now feature a large Bitcoin logo alongside the company’s own branding. CoinCorner CEO Danny noted that the deal will make Oxford City the first user of Bitcoin nationally, adding:
“We believe this move will set a trend in the non-league and Football League divisions as digital currencies establish themselves as the new standard for sports fans and event attendees in the UK”
Recently, crypto investor and advocate Peter McCormack’s football club, Real Bedford, announced that it would accept Bitcoin for match day tickets. However, McCormack’s team participates in a local league called the ‘Spartan South Midlands League’, which is not affiliated with the national football ecosystem.
Justin Merritt, director of football at Oxford City FC, noted that more than 3.3 million residents in the UK now own BTC, indicating an increase of one million people in the past 12 months alone. While club fans don’t need to bother with the technology, he sees Bitcoin payments as a “niew normal in English football.”
Sports teams that accept crypto payments grow in number
On May 14, RCD Espanyol became the first Spanish football club to accept crypto payments. The team currently participates in Spain’s main football competition – ‘La Liga’. RCD Espanyol has announced a partnership with Barcelona-based Crypto Snack, allowing fans to purchase game tickets, merchandise, food and drinks through various cryptocurrencies.
Crypto payments are not just entrusted to football teams, with the NHL’s San Jose Sharks announcing in June 2021 that fans will be able to pay for season tickets, suite leases and partnerships for the 2022 season via Bitcoin, Ethereum and Dogecoin.
Finally, in March 2021, the NBA’s Dallas Mavericks announced a partnership with BitPay, allowing fans to pay for tickets and merchandise using Dogecoin among several other crypto assets. In the same month, the MLB’s Oakland Athletics revealed that they too will accept Bitcoin payments for booking suites at the stadium.