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Freeze of £10m Premier League funds over probe into fantasy football cards
The NCA says the freeze is needed to protect suspected criminal proceeds while investigators examine Sorare’s digital card business and Gambling Commission charges.
- On Friday, the National Crime Agency secured a four-month freeze on more than £10 million of Premier League funds held amid an international criminal investigation into its former fantasy football partner, Sorare.
- Luxembourg authorities and the NCA are investigating the French-based company Sorare, which previously signed a £120 million four-year licensing deal with the Premier League for digital player cards.
- The Premier League previously acquired a legal opinion suggesting Sorare's contests were not gambling, though the document stated "it should not be relied upon by any third party" before the Gambling Commission charged the firm.
- District Judge Sam Goozee granted the freeze at Westminster Magistrates Court on Friday, ruling it "necessary and proportionate to prevent dissipation of funds" suspected to be the fruits of criminal conduct.
- Judge Goozee noted that Sorare's activities have continued in Great Britain since being charged, with a trial regarding unlicensed gambling allegations scheduled for June 2027.
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perspectivemedia.com
perspectivemedia.comPremier League’s £10m to stay frozen as police probe ex-fantasy football partner
Sorare.com had a licence deal to release digital cards of Premier League players as part of its free-to-play online fantasy football game.
·London, United Kingdom
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Freeze Of £10m Premier League Funds Over Probe Into Fantasy Football Cards
The National Crime Agency (NCA) and Luxembourg authorities are investigating crypto-gaming firm, Sorare.com, which had a licence deal to release digital cards of Premier League players as part of its free-to-play online fantasy football game. The cards could be bought from the Sorare platform through an auction or an instant buy feature via credit card […]
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Bias Distribution
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50% Center
L 50%
C 50%
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