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Premier League set for NFT deal worth as much as 434m pounds

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The Premier League has shortlisted four blockchain firms for its official non-fungible token (NFT) licence, according to the Daily Mail.

The report says that English soccer’s top flight is mulling over bids offering returns of between UK£220 million (US$298 million) and UK£434 million (US$589 million) over four years. The final shortlist is reportedly made up of Sorare, Candy Digital, Dapper Labs and ConsenSys.

The winning bidder for the Premier League’s digital collectibles, which will be presented to clubs before the end of February, will reportedly gain an official licence to produce a range of blockchain-based products including NFTs based on Panini stickers.

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