WHUST proposed motion on Cryptocurrency at FSA AGM unanimously passed

The following motion proposed by WHUST was passed unanimously on Saturday 16th July at the Football Supporters Association AGM.

Motion for FSA Conference

Cryptocurrency and Football 

Many football clubs are entering into partnerships with cryptocurrency providers, including those with product offerings that encourage fans to purchase cryptocurrency backed tokens that provide so called ‘engagement opportunities’ with their clubs.

It is further noted that cryptocurrencies are a high-risk investment product not currently regulated in the UK.

This motion calls on the FSA is to develop a plan of action to address the proliferation of these schemes across football that includes the following activity:

  • Engagement with the Football Association, Premier League and Football League to work collectively on the introduction of common self-regulatory standards for any cryptocurrency partnership entered into by a football club and to;

  • Develop an information awareness campaign for football fans advising them of the risks to their capital of investing in cryptocurrencies

  • Lobbying activity to the Government (DCMS and Treasury) to call for the introduction of statutory regulation of cryptocurrency in relation to football.

  • Calls upon football clubs that do have partnerships with cryptocurrency partners to ensure that they undertake due diligence before entering into those arrangements and to meet with the Supporters Trusts and fans groups to discuss all marketing and promotional activity before it us undertaken to ensure high levels of consumer protection.


Proposed by West Ham United Supporters’ Trust

Seconded by Arsenal Supporters’ Trust

Countersigned by

  • Manchester United Supporters’ Trust - PL

  • Tottenham Hotspur Supporters’ Trust - PL

  • MCFC Fans Foodbank - PL

  • Newcastle United Supporters’ Trust - PL

  • Cherries Trust - PL

  • Talking Cherries - PL

  • Griffin Park Grapevine (Brentford FC) - PL

  • Arsenal Disabled Supporters Association - PL

  • Everton Fan Advisory Board - PL

  • Everton Fans’ Forum - PL

  • Fulham Supporters’ Trust - PL

  • Aston Villa Supporters’ Trust - PL

  • Wolves 1877 Trust - PL

  • Foxes Trust - PL

  • Brighton and Hove Albion Supporters’ Club- PL

  • Liverpool Disabled Supporters Association- PL

  • Spirit of Shankly- PL

  • Crystal Palace Supporters’ Trust- PL

  • Nottingham Forest Supporters’ Trust- PL

  • Blackpool Supporters’ Trust -Championship Championship

  • Burnley FC Supporters’ Groups- Championship Championship

  • Charlton Athletic Supporters’ Trust – League One One

  • RamsActive – League One One

  • Shrewsbury Town Supporters Parliament- League One

WHUST