Liverpool supporter union Spirit of Shankly have released a statement saying they will not 'endorse' the club's sale of NFTs.
After months of consideration, alongside speaking to fans via questionnaires and in consultation with the Spirit of Shankly group, the club announced they will be releasing the 'LFC Heroes' Club collection of NFTs (non-fungible tokens) while also working collaboratively with kit supplier Nike.
NFTs have come into a lot of criticism recently but the Reds have confirmed that the drop will also raise funds for the LFC Foundation and their work in the community, while half of Liverpool's proceeds from the ‘Legendary’ one of one auction, which go on sale on March 30 and end on April 1, will go to supporting the LFC Foundation. An additional 10 per cent from the Reds' limited edition ‘Hero’ sale and 10 per cent of all future resale royalties also going to the Foundation.
