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Football Association Ends All Deals with Bookmakers

Football Association Ends All Deals with Bookmakers

The English Football Association has ended all of its sponsorships with betting companies including a long-term deal with Ladbrokes.

The decision came after a three-month review into the body’s relationship with gambling operators. The FA has said that it will continue to share information with companies to identify suspect betting patterns while chief executive Martin Glenn thanked Ladbrokes for its “professionalism and understanding” on the change of policy.

Ladbroke’s chief executive, Jim Mullen, said that they understand the FA’s decision but that they will continue to work together to ensure the integrity of the sport is maintained. The Gambling Commission also said that they will continue to work together with the FA and bookmakers to maintain integrity across sports. The review follows increased pressure on the FA after a number of players have been caught up in betting controversies.

 

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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