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Turkish club completes first funded Bitcoin transfer

Harunustaspor is the first ever football club to use bitcoin for transfer market

Turkish club completes first funded Bitcoin transfer Harunustaspor is the first ever football club to use bitcoin for transfer market

Bitcoin - the world's most talked-about cryptocurrency - have officially entered the world of football for the first time thanks to a Turkish amateur club. Yesterday, the president of Harunusta Spor Kulübü announced on Twitter the purchase of the 22-year-old striker Ömer Faruk Kiroğlu, costing 0.0524 Bitcoin, which today corresponds more or less to 442.24 euros. The club has however paid an additional sum of 533 euros in the player's pockets.

More than a revolutionary financial move here we are faced with an intelligent communication strategy, which the president of the amateur club, Haldun Sehit, confirmed in the club's statement to CNN Turk.

“We did it to make a name for ourselves in the country and the world” 

Though it may not have been used to acquire players before now, cryptocurrency is increasingly becoming a part of the business of football. The legendary wheeler dealer himself, Harry Redknapp, was an early adopter, Arsenal recently announced their first cryptocurrency partner, and Leo Messi is endorsing a blockchain phone.