• Loading stock data...
Saturday, October 18, 2025
Law

Arsenal Warned by U.K. Watchdog Over Fan Tokens

  • Arsenal has been warned by Britain’s Advertising Standards Agency.
  • The club has raised concerns over its promotions for fan tokens.
Arsenal-Fan-Tokens
Arsenal/Design: Alex Brooks

Arsenal has been warned by Britain’s Advertising Standards Agency over its promotions for fan tokens. 

Fan tokens allow holders to vote on decisions related to sports clubs and have become a new source of revenue. The tokens are traded on exchanges like other cryptocurrencies. 

The advertising watchdog believes that Arsenal failed to illustrate the risks of the investment and took advantage of consumers’ inexperience with crypto-related assets. 

A handful of European soccer clubs have generated more than $200 million in revenue using Socios, an online marketplace for fan tokens, according to the Telegraph.

Fan tokens have also garnered the attention of players. 

  • In August, Lionel Messi signed a two-year, $41 million deal with PSG, and a portion of his contract is being paid in fan tokens
  • PSG did not disclose how many tokens Messi received but told Reuters that the amount was “significant.”

Other Sports Embrace Tokens

UFC announced a plan in May to issue a blockchain-based token in coordination with Socios and Chiliz, a sports-focused token exchange.

Chiliz is investing $50 million to bring its unique sports team fan access system to the States and has secured partnerships with most major U.S. sports leagues, NASCAR, and esports teams.

The global fan token market cap has reached $413 million as of Wednesday.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Lionel Messi

Messi Near New Deal to Stay in MLS, Miami

His contract with Inter Miami was set to expire in December.

Premier League Sets New Highs: $3.2B Spent, Record U.S. Viewership

The league’s transfer spending beats the rest of Europe’s Big Five combined.

LAFC’s Record Son Deal Brings Global Buzz and Local Pride

Los Angeles has the largest Korean community in the country.
exclusive

MLS Commissioner On Apple TV Deal: Critics ‘Don’t Get It Yet’

“We’re just early,” Garber told FOS when pressed about the deal.

Featured Today

How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate

After beating LSU, Clark Lea said: “Internally, we expect to win.”
May 27, 2025; Indianapolis, Indiana, USA; Indiana Pacers guard T.J. McConnell (9) shoots a three point basket over New York Knicks guard Josh Hart (3) during the third quarter of game four of the eastern conference finals for the 2025 NBA Playoffs at Gainbridge Fieldhouse
October 18, 2025

NBA Stars Swap Wine With League Friends and Foes

A wine-exchange tradition emerged from the bubble season’s close quarters.
May 25, 2025; Indianapolis, Indiana, USA; Derek Jeter walks the red carpet on Sunday, May 25, 2025, ahead of the 109th running of the Indianapolis 500 at Indianapolis Motor Speedway
October 16, 2025

The Players’ Tribune Is Still Kicking 11 Years Later

Founder Derek Jeter is still closely involved in the publication.
Las Vegas Aces center A'ja Wilson (22) celebrates with her teammates after her last second shot to take the lead 90-88 against the Phoenix Mercury in Game 3 of the WNBA Finals at Mortgage Matchup Center in Phoenix on Oct. 8, 2025.
exclusive
October 10, 2025

Standoff Over WNBA’s Future Has Dominated Finals

CBA negotiations have stolen the spotlight from the Aces’ dominant performance.
[Subscription Customers Only] Jun 19, 2025; Pasadena, California, USA; Botafogo owner John Textor before the match during a group stage match of the 2025 FIFA Club World Cup at Rose Bowl Stadium.

John Textor Loses Bid to End $97M Suit Tied to Failed Soccer..

Textor told FOS he intends to appeal; Iconic Sports intends to collect.
Apr 9, 2025; Chicago, Illinois, USA; The Chicago Cubs flag sign is seen prior to a game between the Texas Rangers and Chicago Cubs at Wrigley Field
October 15, 2025

Facial Recognition Tech Suit Against Cubs Dismissed

The Cubs said they don’t use the technology protected by Illinois law.
FBI
October 17, 2025

Former Everton Bidder Indicted for $500 Million Fraud Scheme

777 Partners failed to complete its purchase of Everton in 2023.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Feb 4, 2025; Toronto, Ontario, CAN; New York Knicks center Karl-Anthony Towns (32) and Toronto Raptors forward Jonathon Mogbo (2) chase after a loose ball during the second half at Scotiabank Arena.
October 13, 2025

Knicks, Raptors Agree to Drop Suit Over ‘Mole’ Accused of Stealing

The Knicks had sought more than $10 million in damages.
Feb 9, 2025; New Orleans, LA, USA; Recording artist Kendrick Lamar performs during the halftime show of Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs at Ceasars Superdome.
October 10, 2025

Judge Dismisses Drake’s Super Bowl Defamation Suit

The judge said diss tracks aren’t considered facts.
Oct 7, 2018; Cincinnati, OH, USA; Cincinnati Bengals quarterback Andy Dalton (14) and Miami Dolphins free safety Reshad Jones (20) talk with each other after the Bengals defeated the Dolphins at Paul Brown Stadium.
October 10, 2025

Former Dolphins Safety Lands $9.5M Settlement in Advisor Theft Case

Reshad Jones accused his former financial advisor of stealing almost $2.6 million.
Aug 19, 2022; Delaware, OH, USA; More than 1,700 Olentangy Berlin High School students celebrate being named ‘Most Spirited High School in the Country’ by Varsity Brands. The school celebrated with a pep rally in the auditorium.
October 9, 2025

Varsity Brands, PE Owner Face $200M Suit Claiming Systemic Sexual Abuse

Defendants are accused of a coordinated conspiracy.