Dan Plumley has insisted that it is not a good look for Leeds United as they were one of many clubs to sign up to a deal with an unknown scam company used to take money from fans.
BBC News recently revealed that Leeds were one club used by an international crime group worth more than £1billion to recruit new members.
The finance expert admitted that more needs to be done to educate fans and clubs after the Whites signed up to a partnership with “FXVC”, with one fan being taken for more than £300,000.
“It’s not a good look,” he exclusively told MOT Leeds News.
“This caught a lot of us by surprise this kind of programme and it does highlight some of the dangers we have spoken about in the past with some of these firms that we’re not quite sure of and we have spoken a lot about crypto and the role it plays in sport and how that impacts the fans.
“This is obviously not a good look all around, and the fans losing out on money is absolutely not what you want. There are a couple of things in that more wider, one is it does highlight that there is still an issue that football has to deal with these organisations that are getting involved with clubs, which may be covered in a regulator so there is a wider look at the game and how it can support itself.
“Also, from the fans’ side of things, I also think that there is a lot of narratives that we are not quite prepared to deal with scams effectively as individuals so there is an education on both sides as well.
“Of course, when that is tied together that comes full circle and bites really hard, as fans trust their club as there is that emotional connection there so they think if the club is partnered with something that they should.
“It is really tricky in football, but it certainly outlines we have a way to go with the education and also the types of companies that football clubs are now dealing with in that space.”
Leeds ended their partnership with the so-called company after finding out the news, but it is worrying to see that it is so easy for groups such as this to get involved with clubs.
This should definitely serve as a warning to any fans to stay away or at least do more research.