Argentina in Cryptocurrency War After Signing Deals With 2 Companies
Jan 28, 2022, by Chris
Earlier this week, the Argentine Football Association (AFA) announced a deal with cryptocurrency exchange platform Binance. However, the AFA already have/had another crypto sponsor - and now the federation are in a battle with Socios, their first crypto sponsor.
Argentina Sign 5-Year Binance Deal Despite Existing Socios Deal
The new AFA x Binance sponsorship deal was agreed on for five years. Binance will be the new main sponsor of the national team & first league as well as managing AFA's official fan token. Fan Tokens are somehow a kind of a cryptocurrency.
The majority of buyers of the first Argentina Fan Token have likely lost much of their money
However, in June 2021, the AFA already signed a three-year deal with Chiliz/Socios, including naming rights and a fan token that has already been issued. Socios views this deal as a breach of contract.
Socios issued the following statement:
“We are thoroughly outraged by AFA’s recent actions. AFA has issued a press release announcing a new Fan Token partnership, Sponsorship and Naming Rights with a different provider barely 9 months into a 3 year contractual relationship with Socios.com that remains in full force.
Socios say Argentina breached their contract
They pretend to grant the same rights we currently enjoy to a third party and we will be doing everything in our power to defer AFA from proceeding and to protect the rights of the fans who have purchased $ARG Fan Tokens. This is a direct breach of contract and we will be taking all necessary legal actions, in every forum and jurisdiction, to protect the rights of Socios.com, the fans and to ensure AFA comply with what they have agreed with.”
AFA: "The relationship between AFA and Socios is finished"
Argentina fired back in a statement: "The relationship between AFA and Socios is finished, and there is no existing legal relationship between the parties."
Fan tokens give fans the right to participate in community activities such as voting on decisions. Various teams have signed deals with cryptocurrency companies Socios and Binance recently, including Inter Milan, Lazio, Barcelona, PSG, and Manchester City.
Meanwhile, most fans who bought the original Socios Argentina Fan Token have lost a large part of their investment. Socios's Argentine national football team tokens is currently valued at around 1.25 GBP, down almost 80% from the peak of £6.02 last June.
Cryptocurrencies are particularly popular in Argentina
In Argentina, around 3% of the population holds crypto. In 2021, there was an exponential rise in the popularity of crypto due to economic instability, high inflation, and a deflating local currency.
“Soccer and cryptocurrencies are life in Argentina, so it makes sense for Binance to partner with the Argentine Football Association,” said Binance’s Chief Marketing Officer, He Yi. “Through this agreement, we hope to support Argentine soccer at all levels and introduce Binance, the crypto world and the blockchain to soccer fans across the country and the world.”
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Limited to 350 Pieces: Seongnam FC 2026 Third Kit Released
Seongnam FC and kit supplier Umbro have officially launched the club's 2026 third kit. Celebrating an unbroken 11-year partnership between the K League 2 side and the British brand under the concept "11 Years Together, Built for Today", the jersey arrives as an exclusive collector's release strictly limited to 350 numbered units.
The Seongnam FC 2026 third shirt introduces a refined champagne gold and cream base paired with black accents. A classic black ringer collar and matching cuffs frame the silhouette, complemented by black side flanks. Across the body, the fabric incorporates a subtle tonal jacquard pattern formed by repeating Umbro double diamonds in vertical stripes. A prominent condensed "SEONGNAM CITY" sponsor script sits across the center, accompanied by the Umbro logo and Seongnam's iconic magpie crest with surrounding stars. Alongside the cream outfield shirt, an equally striking magenta-pink goalkeeper version in the same template was also presented.
The special 11th-anniversary shirt follows the club's 2026 home and away strips, which were released earlier this year in February.
Persita Tangerang 26-27 Third Kit Released
Indonesian club Persita Tangerang has officially unveiled its new third kit for the 2026-27 season. Made in-house, the release follows the launch of their purple home and white away kits late last month, completing the Pendekar Cisadane's look for the new Super League campaign.
The Persita Tangerang 2026-27 third jersey introduces a clean look based around a deep forest green colorway. The front of the shirt features an intricate, tonal jacquard graphic pattern woven into the fabric, accented by contrasting white piping along the raglan sleeve seams and collar edge. A central stylized monogram crest sits front and center on the chest, positioned just above the Indomilk Moya sponsor wordmark finished in a muted sage tone.
Matching dark green shorts and socks complete the full uniform. The in-house third strip is already available through the club's official retail channels.
Special Virgil van Dijk x Patta Jersey Revealed
Amsterdam streetwear label Patta has teamed up with Netherlands captain Virgil van Dijk and Nike to unveil a vibrant, one-off football jersey for the Virgil's Legacy Trophy. The international under-13 tournament, founded by the Liverpool defender in collaboration with his formative club Willem II, brings together 16 elite youth academies from across Europe to compete in Tilburg.
The shirt draws deep inspiration from Van Dijk's Surinamese heritage, taking stylistic cues from traditional pangi cloth, a brightly patterned woven textile central to Maroon and Surinamese culture. The design ingeniously weaves together the primary colors of every participating club, including Liverpool, Barcelona, Bayern Munich, PSG, Ajax, and AC Milan, translating their identities into an eye-catching, blurred check motif across the entire shirt.
The reverse lists the complete roster of competing clubs under "The class of '26," complemented by a custom Patta x Nike co-branded jock tag on the lower hem.
The bespoke jersey has been created exclusively for the young players taking part in the tournament as a commemorative keepsake rather than receiving a general retail release.
First 2 Adidas 2027 Boot Packs Leaked
Video game modder BxR Mods has recreated the first two Adidas 2027 football boot collections, providing a clear preview of what the Three Stripes have prepared for early 2027.
The 2027 Base Pack marks an important transition for Adidas, centered around predominantly black uppers accompanied by heritage-inspired accent colors across all three core silos. Most notably, the collection features the next-generation Predator 27 with its classic fold-over tongue, the returning AdiPure line set to succeed the Copa franchise, and the updated F50 Hyperfast. Alongside the traditional black-based editions, the preview also showcases the first main pack of the year, the collection to be worn by Adidas' best players.
Both of these Adidas packs launch in January 2027.
Nike Inter Milan 26-27 Third Kit Leaked - New Image
A new image of the Nike Inter Milan 26-27 third kit has surfaced, confirming the retro-inspired look that pays tribute to the club's iconic 1997-98 third shirt worn during the Ronaldo era.
Adidas Liverpool 26-27 European Training Shirt + Collection Released
Liverpool and Adidas have officially unveiled their all-new European training collection for the 26-27 season. Promoted under the tagline "Made for Europe", the range will be worn by the squad during training sessions and media obligations ahead of Champions League fixtures.
The Adidas Liverpool 26-27 European training collection is built around a crisp white base complemented by vibrant red accents. The iconic Adidas Three Stripes run down the sleeves in red, while the chest displays a monochrome red Liverpool crest enclosed in a shield, alongside matching red Adidas and AXA sponsor branding. Streamlined paneling and high-performance cuts from the latest Adidas Tiro template complete the refined aesthetic.
The range includes authentic short-sleeve training tops, long-sleeve drill tops featuring integrated snood neck collars, and insulated sleeveless puffer vests. The complete Adidas Liverpool 26-27 European training collection is available now through the club's official online store and retail outlets.
Hong Kong 2026 Home Kit Released
Nike and the Football Association of Hong Kong, China have quietly revealed the new Hong Kong 2026 home shirt.
The Nike Hong Kong 2026 home jersey combines two shades of red in a subtle half-and-half design, with a centrally aligned chest layout. The circular HKFA crest is positioned right in the center of the chest, accompanied by a white Nike Swoosh directly beneath it.
