Argentinian footballer Lionel Messi receives some of his welcome money in cryptocurrency from his new employer Paris St. Germain (PSG). Messi received a large number of “$ PSG Fan Tokens” upon signing the contract, according to a club statement. PSG does not mention the exact value.
Fan Tokens are a special version of blockchain-secured crypto money, the company Socios.com offers such things to fans of football clubs such as Juventus Turin, Arsenal London and Manchester City. With his move from FC Barcelona to PSG, Messi is the first football player in the world to be paid with such tokens, write Socios.com and PSG.
“Innovative and avant-garde”
The club, which introduced $ PSG with Socios.com in January 2020, continue to see themselves as one of the “most innovative and forward-thinking sports franchises in the world”. The implementation of the tokens shows how the association is constantly finding ways to increase its sources of income.
It could also have been necessary in the Messi case. After his contract with FC Barcelona expired, he did not cost a transfer fee, but his hand money is said to be € 25million and he is expected to receive € 40million. net per year. For his former club, for which he had been kicking balls for 21 years, this was apparently not doable.
More recently, Messi is said to have earned around 138 million euros a year at FC Barcelona. The heavily indebted club must abide by the Spanish league’s strict ‘financial fair play’ rules and are not allowed to spend more on player salaries than they earn. Some of Barca’s stars are now earning much less than before, while others are sold.
Transaction volume $ 1.2 billion
Last Tuesday Messi signed his new two-year playing contract with a one-year extension option. In the previous days, PSG’s dollar trade reached a volume of a good 1.2 billion US dollars, writes PSG.
Fan token holders can, for example, choose which motivational message should be displayed in the PSG team locker rooms. $ PSG holders can also participate in video conferences with individual players, answer surveys and get discounts on merchandise.
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