Manchester City Football Club has announced the signing of a sponsorship agreement with OKX, naming OKX as the official cryptocurrency exchange partner.
This is OKX’s first foray into sports, and the agreement will cover Manchester City’s men’s and women’s teams, as well as its esports business. It will include two venues at Manchester City, the 55,000-seat Etihad Stadium and the 7,000-seat Academy Stadium, as well as collaborations on future projects.
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Financial terms were not disclosed, but one source said the club is the sixth most valuable football team in the world with a market value of $4 billion and deals in the millions of dollars a year.
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