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UK's NCA Freezes Over $13.6M in Sorare Sponsorship Funds from Premier League Accounts

OdailyOdaily

Odaily News: The UK's National Crime Agency (NCA) has frozen over $13.6 million in funds held in Barclays accounts of The Football Association Premier League Limited, the operating entity of the Premier League. The agency obtained a court order from Westminster Magistrates' Court in January 2025 under the Proceeds of Crime Act to freeze the funds.

The funds were the first installment of a four-year sponsorship agreement with Sorare, announced in January 2023, which allowed Sorare to issue digital cards for players from the 20 Premier League clubs. Sorare's partnership with the Premier League ended after the 2025-26 season.

Sorare also faces prosecution by the UK Gambling Commission, accused of offering gambling facilities without an operating license. The company has entered three not-guilty pleas, and the trial is scheduled for June 2027. Sorare maintains that its game rewards skill rather than chance and denies that it constitutes a gambling product under UK law. (Decrypt)

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