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Chelsea legends John Terry and Ashley Cole are facing an Non-fungible token (NFT) legal storm with the Premier League taking legal advice after their trophy was used is digital assets promoted by the former team-mates.
An NFT is a non-interchangeable unique unit of data that is tracked on a blockchain to provie it's authenticity. These collectable units of data can be sold for large sums of money and can represent anything online.
This latest craze in the cryptocurrency world has seen footballers past and present jump on the bandwagon, allowing them to make money from digital creations. NFTs are approximately sold at 0.05 Ethereum (ETH), which is currently priced at £93.79, plus an additional transaction fee.
Terry, who now works as a consultant at Chelsea at an academy level, has been promoting cartoons of baby apes on his Twitter page, which includes illustrated images of the different trophies he has won throughout his career.
One of the titles that surrounds the cartoon ape is the Premier League trophy, which is protected by its trademark.
John Terry (left) and Ashley Cole (right) are facing an NFT legal storm over the use of the Premier League trophy in their baby ape cartoon images shared on social media
Terry has been promoting NFTs on his Twitter page which include cartoons of baby apes alongside illustrated versions of the Premier League trophy, which is protected by a trademark
Use of its image requires a licensing agreement with the Premier League if it is used in any commercial venture.
Terry, along with other Premier League greats including
