Turkish league leaders Trabzonspor plan two NFT drops with Capital Block

February 28 – Turkish Super Lig leaders Trabzonspor has agreed with NFT consultancy Capital Block to advise on an initial two NFT ‘drops’. Capital Block also works with Galatasaray.

One of the Trabzonspor NFT drops will celebrate the club’s previous championships. Capital Block said it will develop an NFT roadmap for the club.

CEO of Capital Block, Tim Mangnall said: “Trabzonspor fans should now be looking out for the club’s first NFT drop. And with the club in such a strong position in the Süper Lig, we will hope to be celebrating at the end of the current season with another NFT drop.”

“With more Turkish football clubs becoming aware of the advantages of having their own NFT series, we are looking forward to the many new opportunities that will be created for fan engagement for Turkish football fans. This will also increase general understanding of the significance of NFTs in the wider European football market.”

Turkish clubs are currently waiting to see the crucial outcome of their new domestic TV negotiations but are bracing for a huge drop of up to $250 million in the value of that deal. Turkish clubs have combined debt of $750 million so new forms of generationg revenue are rapidly becoming a necessity.

Serdar Ekrem Şirin, Trabzonspor member of board, said: “Trabzonspor has taken a step into the NFT world in what is an already successful season. By cooperating with Capital Block, banding together Blockchain Technology and sports, we will very soon be presenting Trabzonspor’s cultural history to our supporters on a digital platform. I am extremely delighted to setting the right foundations in the right season for Trabzonspor.”

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