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Football clubs warned about questionable sponsorship deals with unauthorised financial firms

Summary

Football clubs have been warned not to put their fans’ cash at risk by signing sponsorship deals with financial firms that aren't allowed to operate in the UK. According to the FCA, a number of unauthorised firms, including crypto businesses and trading platforms, are using sponsorship to target unwitting football fans.These unauthorised firms may be breaching UK financial services laws by providing financial services in the UK without authorisation. Fans using these firms risk losing all the...

Relevant Firm Types

Crypto ExchangeFintechPayment ProviderAll Firms
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