out of $495M Deal with UEFA
After the Champions League dropped the Russian state-owned
energy company Gazprom, the cryptocurrency
exchange reportedly stepped in as a potential sponsor.
According to reports, the $500 million sponsorship deal
between Crypto.com and the Union of European Football Associations'
Champions League has been terminated.
SportsBusiness reported on Wednesday that
Crypto.com withdrew from a $495 million agreement with the
Union of European Football Associations, or UEFA, just before it
was approved, citing legal issues with the exchange's
licenses in the UK, France, and Italy.