Carolyn Harris MP, the chairwoman, told Mail Online: ‘I would very much welcome a ban on front of shirt advertising, any reduction in sports advertising or marketing or promotion is a step in the right direction. They will receive £17m more this season in merit payments should they remain in third position than the 2021-22 term. Reports state that Newcastle will receive £34.3m this season as opposed to £19m last season owing to having been on television 30 times over the campaign.

The Gambling Commission – the industry regulator – will also be given new powers and additional funding, while a new ombudsman will strengthen customers’ rights if gambling companies fail to be socially responsible. EFL clubs would be exempt altogether on the grounds that the estimated £40m loss of annual income would be catastrophic for lower league clubs. Any voluntary ban on gambling sponsorship would only apply to front-of-shirt deals, so sleeve and training kit sponsorship from the betting industry would continue to be permitted.

Gaming addiction cases in footballers have SOARED since… If you loved this short article and you wish to receive more info about ลิงค์ Fun88 assure visit our web-site. John Terry’s brother Paul is fined £1,000 by the FA for… Cash-strapped sports including rugby and racing to be handed… Former England and Arsenal defender Kenny Sansom diagnosed… The long-awaited review of the 2005 Gambling Act aims to update legislation to provide greater consumer protection in the digital age, which has seen the losses of punters rocket to £14.4 billion per year in 2019. Fears grew that Newcastle would unduly benefit from agreements with Saudi entities following the takeover, sparking the agreement by all clubs, other than Newcastle and Manchester City, to introduce the regulations.

Earlier this year, a House of Lords Select Committee on gambling recommended that not only should shirt sponsorship be banned by 2023, but ‘there should also be no gambling advertising in or near any sports grounds or sports venues’. A number of the seven other Premier League clubs with betting companies as shirt sponsors are also understood to be looking for alternatives, with Newcastle’s deal with Fun88 and Leeds’ with SBOTOP both believed to be under review.

Fees have amounted to £250m so far, with the club expected to continue revamping their squad this summer. Newcastle have spent extensively, if not lavishly, in the three transfer windows since the takeover. Nearly half the clubs last season were sponsored by gambling companies, including Newcastle and West Ham. Plans for a levy on the gambling industry to fund research into addiction and treatment for it have also been axed. In addition, the EFL, clubs benefit from £40m in sponsorship and commercial arrangements with the league Eight out of 20 clubs in the Premier League are currently dependent upon shirt sponsors from the gambling industry, which brings in around £70m.

Newcastle currently sit third in the Premier League, eight points clear of Tottenham in fifth having played one game fewer and holding a superior goal difference following a number of convincing wins, including a 6-1 hammering of the north London club last weekend.