Premier League Gambling Ban Pushes Sponsors Down as Midnite Backs Relegated Wolves
Summary
Midnite has signed a deal to become the principal partner and front-of-shirt sponsor for Wolverhampton Wanderers for the 2026/27 season, coinciding with the club's 150th anniversary. This partnership is made possible by Wolves' relegation to the Championship, as the Premier League's voluntary ban on front-of-shirt gambling sponsorships takes effect in the 2026/27 season. Because the ban only applies to the top flight, relegated clubs can still secure betting sponsorships.
The one-year agreement with Midnite is designed to lapse should Wolves return to the Premier League, as the operator would then be ineligible for front-of-shirt placement. This shift highlights a broader trend where gambling sponsorship money is flowing toward the EFL Championship and non-matchday visibility. Additionally, the article notes that while crypto and trading firms are also filling these vacancies, the Financial Conduct Authority has warned clubs about the risks associated with unauthorized crypto sponsors.
(Source:Bitcoin News)