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Premier League clubs discuss £30m-a-year Sorare NFT deal

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The Premier League met with its 20 member clubs on Friday to discuss a £30 million-a-year deal which would see Sorare provide NFTs of static images of footballers. 

According to a report by Sky News, the deal could replace an agreement with ConsenSys which was not signed after it attempted to renegotiate at a lower price as the market slumped.

Sorare is a sports fantasy game platform based in Paris which counts France and Paris St-Germain star Kylian Mbappé as an investor and ambassador.

In February, the Premier League shortlisted four blockchains – Sorare, Candy Digital, Dapper Labs and ConsenSys – for a reported $589m NFT licensing deal. The following month ConsenSys was thought to have won the static images deal, with Dapper Labs landing the rights to create video NFTs.

Sorare partners with more than 280 sports organisations including Liverpool FC, AC Milan, La Liga and the Bundesliga.

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