Thursday briefing: Premier League clubs warned over crypto sponsorship agreements

Premier League clubs have been warned they could face legal action if they enter sponsorship agreements with cryptocurrency companies that are not authorised to operate in the UK, according to a letter sent to clubs by the Financial Conduct Authority (FCA).

As reported by the Financial Times, the regulator wrote to clubs across English football after identifying what it described as an increase in partnerships involving unauthorised firms, some of which it believes may be operating unl