As the toffees wrap up a promising summer window, their sponsorship adventures seem to please fewer fans. Just two years after their chief executive was quoted as saying, “in an ideal world,” they wouldn’t have a betting firm on their shirts, Everton recently announced a club-record sponsorship deal with gambling and betting company Stake.com.
This comes after Everton’s chief executive said that a betting sponsorship “isn’t ideal” for a Premier League club right now. The multi-year pact, which would replace the club’s current partnership with vehicle dealer Cazoo, is reportedly worth more than £10 million (US$12 million) every season to the Goodison Park team. One can assume that this is a solid option for sports bettors looking to enjoy point spread betting on Everton.
Everton Sign Deal With Stake.com
The Everton soccer club was sponsored by the Kenyan betting business Sportpesa from May 2017 to May 2020. However, the £7-million-a-year (US$8.4 million) sponsorship deal was terminated two years early as a result of a strategic review of the Club’s commercial operations.
Everton will have Stake.com as their sponsor for the next season after the betting company replaced Cazoo. Denise Barrett-Baxendale, the CEO of Everton, said at the annual general meeting of the Club in January 2020 that “in an ideal scenario,” the club would prefer an “other sort of sponsor” than a betting corporation.
Concerns have been raised that betting corporations were not doing enough to reduce the societal cost of gambling, particularly in light of the increasing number of gambling advertisements and sponsorships in English soccer.
This marks Everton’s return to this category of the sponsor. As Everton’s main partner, the Stake.com brand will appear on the front of the men’s and women’s shirts.
Everton was looking for a more profitable business arrangement, so it turned down Cazoo’s offer to extend their cooperation for an additional year. In the 2021-22 season of the Premier League, the Goodison Park team came within a whisker of being relegated to the Football League, the second tier of English soccer.
The following was written in a statement released by the club, “Everton Football Club has confirmed a club-record major partner arrangement with Stake.com. The multi-year collaboration with the top casino and sports betting site is the highest value front-of-shirt agreement in the Club’s 144-year history.”
“As Everton’s main partner, the Stake.com brand will appear on the front of the men’s and women’s playing shirts,” as well as “appearing on screens and media backdrops at Goodison Park and Finch Farm and across the Club’s digital platforms.”
Everton Narrowly Avoided Relegation in the 2021-22 season.
For the most part of the 2021-22 season, Everton seemed set to be relegated. Everton supporters can finally breathe easy after months of nerve-wracking stress, despair, and maybe even an acceptance that their lengthy, uninterrupted run in the top level of English soccer was coming to an end.
Everton had to fight for survival till the last few Premier League match days. At halftime against Palace, Frank Lampard’s team trailed by two goals and may have faced serious Premier League status jeopardy on the last day of the season. For Everton supporters, there have been far too many occasions when it has seemed like a pipe dream.
Everton, fortunately, avoided defeat under Frank Lampard, who was named manager at the end of January. The club has been saved by manager Frank Lampard, who turned the tide around and secured safety after his January appointment.
Everton was mired in 16th position with one victory and three draws in their previous 14 games when Lampard came over in January to replace the fired Rafael Benitez. There seemed to be only one direction for the tide.
In less than four months, he turned Alex Iwobi into prime Kante, rallied the fans at Goodison Park during every Premier League game. This essentially turned every home crowd into the 12th player, and secured top-flight football for the toffees for 2022-23.