The leading UK betting operator, owned by Entain, will place a £100 accumulator charity bet for every remaining Premier League round of fixtures in 2024-25 – with a view to continue next season – starting with the Merseyside derby at Anfield on April 2.
All winnings from Ladbrokes' charity bets will be donated to LFC Foundation at the end of the season, helping fund important programmes across several areas of impact, including health, learning and employability. On the occasions that the accumulator bets are unsuccessful, LFC Foundation will receive the value of the £100 stake as a donation.
In 2023-24, the Reds' official charity supported more than 127,000 people and generated £92 million of social value to the Liverpool City Region, taking the total over the last four years to an impressive £284.48 million, including just under £30 million directly into the local economy. Last season for every £1 invested, LFC Foundation was able to generate a return of £13.70 back into the community.
Earlier this year, LFC Foundation launched its new long-term strategy, with the target of doubling funding and supporting more than half a million people across the Liverpool City Region and beyond by 2030.
Matt Parish, chief executive of LFC Foundation, said: "We are grateful to Ladbrokes for their support. These proceeds will go towards supporting vital programmes that help hundreds of thousands across the Liverpool City Region.
"The foundation recently launched an ambitious new strategy with the aim of supporting 500,000 people by 2030. The support of our partners is integral to the work we do and in achieving these ambitious targets, and every contribution will help us make a meaningful difference.
"With Ladbrokes' support, we can continue to tackle social inequalities facing our communities and deliver measurable, life-changing programmes in our local communities and beyond."
Gemma Bell, head of sponsorship at Ladbrokes, said: "We're really happy to support LFC Foundation's drive to double their donations. By placing these charity bets on our own behalf, we're combining our passion for football with a meaningful commitment to give back and contributing to the foundation's efforts to increase its impact and support more people."
This partnership between LFC and Ladbrokes adheres to the Premier League's new code of conduct for gambling-related agreements in football, which has been introduced this season to ensure more responsible gambling sponsorships.