T. Bloom approves Premier League's ban on sponsorships
Tony Bloom, the owner of Brighton & Hove Albion, is a legend in his own right, and he has asked everyone to work together to restrict the exposure of gambling assets in the Premier League. Bloom believes that a new proposed ban on jersey sponsorships in the Premier League is a wonderful thing that everyone should support.
Bloom's gambling romance isn't precisely a secret love affair. The man is well-known for his sports betting and poker habits, which have netted him large sums of money over the years. Bloom claimed that, while gambling advertisements have a role in football in general, there is an urgent need to protect at-risk and young people from being exposed to too many gambling-related materials.
He stated that seeing clothing with gambling company logos is terrible for children since most youngsters would go out and buy a shirt, for example. He cited Brighton & Hove Albion as an example of a club that is highly concerned about the placement of gambling adverts and how it may affect the audience.
Bloom agreed that the club carried gambling advertisements, but only with caution. The squad currently maintains an active association with Betway as its official global betting partner, but the branding has not been placed on shirts.
Bloom, however, emphasized that there was a significant financial incentive. Some of the lower-tier clubs have fewer revenue-generating possibilities, and as a result, they require those partnerships to remain competitive and improve.
Sometimes, those groups would have to sacrifice their integrity in order to pursue a commercial opportunity that would pay larger returns. Even while Bloom didn't go into detail about why so many clubs are interested in such collaborations, the answer is actually quite easy.
Traditional investors are hesitant to invest in football clubs. This means that someone else should fill the hole, which is frequently gambling companies with obvious synergies with the sport in the first place.
The United Kingdom is at a crossroads, with the retirement of Chris Philp and the appointment of Damian Collins raising concerns about whether the White Paper for the Gambling Act Review will be effective. New laws on gambling marketing are undoubtedly on the way, but teams and the Premier League still have time to make significant adjustments.