R.e. Socios - there a couple of things I really don't like about it. I know it's already on the list but I thought I'd just add my comments into the mix in case any of this is overlooked / not picked up in the discussions or if it gets brushed off by the club.
Firstly - trying to monetise fan engagement is just very poor to begin with.
Secondly (and this is the main issue for me), wrapping the monetisation of fan engagement in a quasi-investment product is just so dangerous. If it was just "you have to pay money to do these things"... as per above it would be poor but that would be that. It's the pretending this is an investment platform when it clearly isn't (well clear to me, but maybe not others) which is the problem.
Most average people do not understand crypto currency, both on the technicalities of how it works or what it is, and the investment risks associated with it. Pretending this is some kind of investment is encouraging people to put money into something they don't understand and will inevitably lose them money as the "currency" has no real value outside of the app which has no bearing on the real world and could be switched off at any time. The club actively endorsing it further adds 'authenticity' to unwitting fans who may believe it is a more legit 'asset' than it is.
People hear about how bitcoin has "gone up in value" and presume it is a slam dunk that they should put more (or all of their) money in it, oblivious to the insane risk that they are taking (bitcoin lost 17% yesterday, by the way). This Socios Chilliz thing is trying to jump onto the bitcoin trend and exploit the same issues surrounding lack of knowledge from individuals who may believe they are investing in something similar to Bitcoin (which they incorrectly believe "will only go up") - the difference being that all this Socios thing is a gimmick on a football fan app and even riskier than bitcoin (which itself is one of the riskiest investment "assets" out there)
It's like that Football Index which crashed a while back. It was a gambling provider masquerading as some kind of investment platform - the problem is some people got sucked in and believed it genuinely was an investment and then they lost all their money. When people stop playing it / it gets switched off none of this stuff is worth anything to the wider world.
I'd also add in that crypo currency investing in general is unregulated by the FCA and even if we had partnered with a more legit crypo currency service provider there would be a legitimate argument that even this would be unsuitable considering the products in question are likely to be unsuitable for the target audience (i.e. football fans with predominantly no investment knowledge)