2024/11/04 by Germing, Jean-Michel, Henriques Pereira, Marco, Dietl, Helmut Max
Business, Management and Accounting · Computer Science · #330 Economics #Blockchain Technology Applications and Security #DAO #Decentralised Autonomous Organisations #Digital Platforms and Economics #FinTech, Crowdfunding, Digital Finance #Football #Governance #Soccer
paper · doi:10.5167/uzh-281234
openalex publication_date 2024/11/04 · openalex created_date 2025/12/11 · openalex updated_date 2026/07/28
Football clubs’ increasing commercialisation and privatisation have created a significant gap between clubs and supporters, necessitating innovative solutions to reconnect clubs with their fans. Thus, this article examines the feasibility and implications of implementing Decentralised Autonomous Organisations (DAOs) in the governance of football clubs. Utilising blockchain technology, DAOs offer a novel governance model that enhances transparency, accountability, and fan engagement. Through a qualitative research design, this study explores the potential benefits and challenges of DAO adoption in football clubs. Key findings highlight the potential for increased financial resources through decentralised fundraising, democratised decision-making, and improved operational efficiency via automated smart contracts. However, significant challenges remain, including legal uncertainties, technical vulnerabilities, financial risks, and governance complexities. To address these challenges, we suggest hybrid governance models that integrate traditional structures with DAO elements, phased implementation through pilot projects, and robust stakeholder engagement strategies. The findings provide valuable implications for football clubs and other organisations contemplating the adoption of decentralised governance models.