Watford have announced their new shirt sponsor for next season, the crypto casino and sports betting platform Stake.

The Hornets have revealed a "multi-year agreement" with the online gambling company, which was paid for in cryptocurrency.

Scott Duxbury, Watford FC Chairman & CEO, said: “We are thrilled to welcome Stake as our principal shirt sponsor ahead of the 2021/22 season. This will be an extremely exciting campaign for the club as we return to the Premier League and we couldn’t be happier to join with a partner who match our ambitious outlook and commitment to innovation in order to achieve success.”

 

Mladen Vuckovic, Stake.co.uk CEO said: “The past few years have seen consistent growth for Stake and this partnership with Watford marks the next chapter for our company. We could not be more thrilled to partner with a club that has such immense history yet still a true innovative spirit. We're committed to becoming a key part of the Watford family and have a number of exciting initiatives planned for fans over the coming months.”