Olgu Sunumu

The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies

Cilt: 24 Sayı: 4 30 Ekim 2025
PDF İndir
TR EN

The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies

Öz

This study investigates the impact of the use of digital currencies and fan tokens in football player transfers on the perceptions of investors and fans who act as investors in innovative financial instruments. The main purpose of the study is to analyze empirical data on star football player transfers with fan tokens and digital currency and to develop strategic marketing recommendations to increase the corporate reputation of football clubs and positive brand perceptions among their target audiences. A detailed case study methodology is developed for the transfer day of a famous football player with fan token returns and GARCH (1,1) and OLS Regression methods are used. The findings of the study highlight the impact of high-profile football player moves on the stock returns of football clubs, depending on the pre-existing reputation and image of the player. These findings indicate that football clubs might need to turn to new marketing strategies in the transfer process. Announcing that successful and popular player transfers will be made with fan tokens or digital currency can contribute to preserving the financial value of the football club when supported by professional marketing communications efforts to build corporate image and reputation. In the study, it has been aimed to contribute to the literature by examining the interaction between digital currencies, fan tokens and football player transfers. The study investigates how digital instruments have changed the football economy and transfer processes and presents important findings on how digital currencies and fan tokens have transformed the relationship between clubs and fans. The study also highlights the financial implications of digital currencies and fan tokens and the critical role of effective marketing communication in shaping investor and fan perceptions.

Anahtar Kelimeler

Destekleyen Kurum

None.

Etik Beyan

‘The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies’ does not require an ethics committee approval as it is a case study.

Kaynakça

  1. Aksar, T. (2021). Spor kulüpleri için yeni gelir yaratma araçları olarak kripto para ve fan tokenlar. https://www.futbolekonomi.com/index.php/haberler-makaleler/mali/110-tugrul-aksar/5360-fan-token-sporafan-tokenkripto-para-ve-futbol.html (Accessed at 11.02.2025).
  2. Andreff, W. (2006). The sports goods industry. The Handbook on the Economics of Sport, 20-39.
  3. Ante, L., Saggu, A., Schellinger, B., Wazinski, F. P. (2024). Voting participation and engagement in blockchain-based fan tokens. Electronic Markets, 34(1), 26.
  4. Ante, L., Schellinger, B., Wazinski, F. P. (2023). Enhancing Trust, Efficiency, and Empowerment in Sports: Developing a Blockchain-Based Fan Token Framework. In Thirty-first European Conference on Information Systems (ECIS 2023).
  5. Assaf, A., Demir, E., Ersan, O. (2024). Detecting and date-stamping bubbles in fan tokens. International Review of Economics & Finance, 92, 98-113.
  6. Benkraiem, R., Le Roy, F., Louhichi, W. (2011). Sporting performances and the volatility of listed football clubs. International Journal of Sport Finance, 6(4), 283.
  7. Cabral, S., Silva Jr, A. F. (2013). An approach for evaluating the risk management role of governments in public–private partnerships for mega-event stadiums. European Sport Management Quarterly, 13(4), 472-490.
  8. Çelik, G. M., Kanat, E. (2019). Entrepreneurship and innovation in the finance sector. Eurasian Journal of Researches in Social and Economics, 6(9), 1-8. Retrieved from https://dergipark.org.tr/tr/pub/asead/issue/50040/621750.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Pazarlama İletişimi, Pazarlama Teorisi, Ürün ve Marka Yönetimi, Pazarlama (Diğer)

Bölüm

Olgu Sunumu

Yayımlanma Tarihi

30 Ekim 2025

Gönderilme Tarihi

25 Şubat 2025

Kabul Tarihi

3 Eylül 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 24 Sayı: 4

Kaynak Göster

APA
Ölçen, O., Aydın, A., & Maral, B. (2025). The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies. Gaziantep Üniversitesi Sosyal Bilimler Dergisi, 24(4), 1897-1911. https://doi.org/10.21547/jss.1646207
AMA
1.Ölçen O, Aydın A, Maral B. The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies. GAUN-JSS. 2025;24(4):1897-1911. doi:10.21547/jss.1646207
Chicago
Ölçen, Olcay, Ahmet Aydın, ve Begüm Maral. 2025. “The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies”. Gaziantep Üniversitesi Sosyal Bilimler Dergisi 24 (4): 1897-1911. https://doi.org/10.21547/jss.1646207.
EndNote
Ölçen O, Aydın A, Maral B (01 Ekim 2025) The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies. Gaziantep Üniversitesi Sosyal Bilimler Dergisi 24 4 1897–1911.
IEEE
[1]O. Ölçen, A. Aydın, ve B. Maral, “The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies”, GAUN-JSS, c. 24, sy 4, ss. 1897–1911, Eki. 2025, doi: 10.21547/jss.1646207.
ISNAD
Ölçen, Olcay - Aydın, Ahmet - Maral, Begüm. “The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies”. Gaziantep Üniversitesi Sosyal Bilimler Dergisi 24/4 (01 Ekim 2025): 1897-1911. https://doi.org/10.21547/jss.1646207.
JAMA
1.Ölçen O, Aydın A, Maral B. The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies. GAUN-JSS. 2025;24:1897–1911.
MLA
Ölçen, Olcay, vd. “The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies”. Gaziantep Üniversitesi Sosyal Bilimler Dergisi, c. 24, sy 4, Ekim 2025, ss. 1897-11, doi:10.21547/jss.1646207.
Vancouver
1.Olcay Ölçen, Ahmet Aydın, Begüm Maral. The Impact of Football Player Transfers with Digital Currency and Fan Tokens on Corporate Reputation and Image: An Analysis in the Context of Financial Value Volatility and Marketing Strategies. GAUN-JSS. 01 Ekim 2025;24(4):1897-911. doi:10.21547/jss.1646207