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Prem clubs launch 'fan token' schemes with Socios
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Steve@Mose View Drop Down
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    Posted: 19 Jul 2022 at 13:28
Harlequins, Leicester and Saracens launch 'fan token' schemes with Socios

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Three English rugby union clubs have become the latest sports teams to launch 'fan token' schemes.

Harlequins, Leicester and Saracens have announced partnerships with Socios.com that will allow fans to "access a wide range of rewards and experiences".

The 'fan token' concept has been used by several football teams in recent years and uses similar technology to crypto currencies to generate funds.

It has not been without controversy - in 2020 Premier League team West Ham United ended a deal with Socios after a backlash from fans who felt they were being unfairly "monetised".


Edited by Steve@Mose - 19 Jul 2022 at 13:30
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Camquin View Drop Down
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Points: 11721 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jul 2022 at 13:31
The general reaction on comeallwithin seems to indicate nobody has a bargepole long enough.
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Richard Lowther View Drop Down
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Points: 6605 		Post Options Post Options   Thanks (1) Thanks(1)   Quote Richard Lowther Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jul 2022 at 14:45
There is a very good (football) podcast - the Price of Football which cautions in the strongest terms against this kind of thing. 

My view is that it is a rip off and clubs are out to exploit fans for even more money. 
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