Spanish third division side are the first-ever professional club to buy a player with bitcoin.
Inter Madrid have gone ahead to unveil David Barral after completing his deal. They may be faced with difficulties as the authorities are yet to confirm the move.
DUX Internacional de Madrid, also known as Inter Madrid made transfer history after becoming the first-ever club to complete the signing of David Barral with bitcoin.
Boadilla del Monte-based club has unveiled the 37-year-old forward who has been without a club since July 2020.
No one knows the value of the move as of the time of this report but the Spanish FA is yet to acknowledge the deal, and this is a major concern on the future cryptocurrency.
After securing the signature of the player, the club confirmed the development on their social media pages appreciating their sponsors for making the dream come to pass. They said:
“David Barral new player of DUX Internacional de Madrid, welcome to the infinite club! He becomes the first signing in history in cryptocurrencies. Thanks to Criptan, our new sponsor, for making it possible.”
Meanwhile, the Spanish forward while reacting to the move revealed that he is proud to be a part of the good thing the club is doing. Barral added:
“Glad to join the project of @interdemadrid with the ambition and responsibility to continue competing and achieve important challenges in my sports career.”
Daily Mail reports that the decision to press on with Bitcoin has emerged from their links to their sponsors Criptan, which is a local platform to buy and sell cryptocurrencies, as per CryptoAdventure.
The move has also been described as a landmark moment in football history and could signal a shift in the way some clubs operate moving forward.
While this is viewed as the first professional transfer made via Bitcoin, there was an amateur side in Turkey in 2018 who made headlines dealing in cryptocurrency.
Omer Faruk Kıroglu joined Harunustaspor at the cost of £1,226 worth of Bitcoin. The club paid 0.0524 Bitcoin (£385) plus 2,500 Turkish Lira in cash (£841) to his services and it generated lots of media attention.