A looming ban on gambling sponsorship will put renewed financial pressure on Spanish football clubs and could lead to a drop in sponsorship rates across the board while increasing the wealth gap between sides, experts have told Reuters. Spain is not the only country to stem the rise in gambling advertising as Italy banned gambling sponsorship in sport in 2019 and the United Kingdom is weighing up a similar law. But he said Spain's ban, at a time when clubs have been forced to agree pay cuts with players due to colossal losses from the pandemic, was ill-timed. The best thing would be to reduce betting sponsorship over the coming years, not from this July." The seven Spanish clubs with betting shirt sponsors did not respond to requests for comment and have not publicised the value of their deals.

Source: Standard Digital February 23, 2021 17:46 UTC