Daniel Levy sent angry statement over Tottenham deal despite THST’s disapproval News from Tottenham

Daniel Levy sent angry statement over Tottenham deal despite THST’s disapproval News from Tottenham, as the club’s Supporter’s Trust subsequently issued a follow-up statementTottenham chairman Daniel Levy has been heavily criticized by the Tottenham Hotspur Supporter’s Trust for claiming the club “does not take fan engagement seriously”

 

through its partnership with Socios.Tottenham chairman Daniel Levy has been told that he and others at the club ‘disrespected’ representatives of the Tottenham Hotspur Supporters’ Trust who warned them against entering into a new partnership deal with blockchain-based fan token company Socios.Founded in 2018, the Malta-based company follows a “fan engagement” concept that makes it easier for clubs and brands to monetize their fans. According to their website, fans can influence their club primarily through “Fan Tokens,” “a digital asset that can turn your passion into great rewards.”Tokens can be purchased and then used to vote in polls decided by the club. You can then enter competitions to win prizes and competitions. Socios currently has partnerships with some of Europe’s biggest clubs, including FC Barcelona, ​​Paris Saint-Germain and Juventus, and became the main shirt sponsor of Inter Milan two years ago.However, supporters have expressed concerns over the cryptocurrency-based element of the deal. The initial announcement was met with backlash after many pointed out that the club was encouraging its fans to invest their money in an ecosystem they knew very little about and were at high risk of seeing the unregulated nature lose momentum at any time. value.Tom Canton presents Everton v Arsenal live at Goodison ParkIt’s a surprising move from the club given their recent success on the pitch. New manager Ange Postecoglou is helping to repair the broken relationship between fans and club after torrid years by starting the Premier League season unbeaten in its first six games. But ahead of today’s game against Liverpool, the Tottenham Hotspur Supporters’ Trust questioned whether the club was “serious about fan engagement”. Earlier this week, they released a statement condemning the new partnership, saying they were “once again disappointed that we were not consulted on this move or notified in advance of this afternoon’s announcement.”They now claim that despite three of their representatives being present at the closed Fan Advisory Board meeting earlier this week regarding the proposed and then unannounced deal, their negative views were all ignored and the club went ahead anyway. The full statement reads: “The Tottenham Hotspur Supporters’ Trust notes that the latest Fan Advisory Board (FAB) minutes were published on Friday evening.“There is an extraordinary meeting with an agenda item which took place on Monday 25 September to discuss the then proposed partnership between the Club and Socios.As we now know, the Club publicly announced this partnership on Thursday 28 September. Despite being “keen to listen to the FAB”, the Club ignored the unanimous conclusion of fan representatives not to support the partnership. “The trust believes the club now needs to ask itself whether it is serious about fan engagement.”“We remain the independent, democratically elected representative of all Tottenham Hotspur fans. The Trust will always listen to the club and provide constructive and honest feedback. It may not always be what the club hopes to hear, but it will be authentic.“In relation to Socios, the Trust’s position remains the same as previously stated. The supposed “benefits” of this deal appear to be nothing more than a series of repackaged benefits that were available to fans through other means.

“Furthermore, the statement in the club’s press release that crypto assets are “high-risk investments” and that anyone buying them “should be prepared to lose any money they invest” signifies the position of the trust to purchase such assets. “Assets” reads: Do not purchase Fan Tokens or access benefits through existing agreements (e.g. One Hotspur Moments).“We will raise our concerns directly with the club at our meeting next month.“THST Council”.Contacted by The Times about fans’ concerns, the club said: “The Spurs Fan Token represents an additional form of engagement and we are offering free fan tokens to all our members and season ticket holders at launch. Redeeming free fan tokens is not included with Chiliz.