Crypto Rush Sweeps European Football Clubs in Need of Cash

There’s no let-up in European football’s breakneck pursuit of money from the world of crypto.

In the past week alone, Spanish club Sevilla and English Premier League team Crystal Palace launched tokens that allow supporters to buy services and vote on issues such as the color of the team’s shirts. Manchester United, the biggest club in England by number of fans, agreed to a sponsorship deal with Tezos, a blockchain company.

Meanwhile, Manchester United is also among the teams that have held talks with Binance, the blockchain giant that already has fan token deals with Italy’s Lazio and Portugal’s Porto, ...