Iqbal Gandam , UK director of investment at eToro , believes a Premier League club will use bitcoin for the transfer of a player within " six to 12 months " . Each club is receiving sponsorship monies in bitcoin, in return for promoting the platform. Recently , the Turkish side has signed amateur footballer Omer Faruk Kiroglu using the digital currency . It has been suggested that using it could avoid issues of third - party buying of players and make the process of buying footballers more transparent . Gandam 's comments come shortly after eToro announced a partnership with seven Premier League clubs .
Iqbal Gandam , UK director of investment at eToro , believes a Premier League club will use bitcoin for the transfer of a player within " six to 12 months " . Recently , the Turkish side has signed amateur footballer Omer Faruk Kiroglu using the digital currency . It has been suggested that using it could avoid issues of third - party buying of players and make the process of buying footballers more transparent . Gandam 's comments come shortly after eToro announced a partnership with seven Premier League clubs .