Football RCD Espanyol to accept crypto payments, becoming La Liga's first crypto-friendly club

RCD Espanyol partnered up with Crypto Snack to become the first La Liga team to accept cryptocurrency as payment for tickets.

Football Team RCD Espanyol to become the first Spanish Club to accept cryptocurrency payments
RCD Espanyol | Image: Team RCD Espanyol

RCD Espanyol, a professional soccer team situated in Catalonia, Spain, will allow supporters to pay for game tickets, merchandising, and food and beverages in a variety of cryptocurrencies.

With the start of the upcoming La Liga season, the offering will be available (August 2022).

Over the last few months, digital assets and the soccer industry have developed a close link.

Several clubs from across the world have established collaborations with crypto businesses, introduced exchanges as sponsors, or accepted the asset class as a payment mechanism.

However, La Liga, Spain's top soccer league, has not been as active in the industry.

A recent press release says that this tendency will change this summer when RCD Espanyol allows fans to purchase tickets, food and beverage during games, and merchandising in bitcoin, ether, and other digital currencies.

To accomplish this, the club teamed up with Crypto Snack, a financial app located in Barcelona and Estonia. Its native iGaming coin, SNACK, is traded on a number of major markets.

The asset will be added to the offering, allowing fans to use it to make payments.

The agreement, according to Mao Ye Wu, CEO of RCD Espanyol, will bring "great advantages both on and off the pitch," giving soccer fans more options when attending a game.

"With this move, we become pioneers in an area that is not only in the future, but is already here," he stated emphatically.

Stuart Morrison, the CEO of Crypto Snack, said his company is thrilled to work with one of Spain's most popular soccer clubs.

He believes the project will provide Espanyol supporters with a "fun, efficient method to support their team by using SNACK and other cryptocurrencies."

The Mexican Tigres are another soccer powerhouse that has allowed fans to purchase match tickets in cryptocurrency. The team collaborated with Bitso, a Latin American digital asset exchange, to make it possible.