The Football Association, English Soccer’s regulating human body, has severed its sponsorship that is four-year deal Ladbrokes after only 1 season.
The FA announced on Thursday so it would be not only cutting short its cope with Ladbrokes, worth some £4 million ($5 million) each year, but also is going to be banning all commercial sponsorship deals between betting organizations and the FA now and in the near future.
Ladbrokes will no longer be the state bookie of the FA, as English soccer’s governing body reassesses its relationship with popular betting shops.
The relationship involving the FA and gambling has come under increased scrutiny, due to several player that is high-profile scandals. The attention comes at a right time when English soccer gets more included with wagering businesses. (Presently 50 per cent of Premier League teams have a bookmaker or other gambling operations as their sponsor that is uniform.
Most recently, Burnley player Joey Barton was handed a suspension that is 18-month 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 with regards to gambling.
‘If the FA is truly serious about tackling the culture of gambling in football, it needs to check a Continue reading FA Quits Ladbrokes Sponsorship Deal After Player Betting Controversies