Connect with us

Alt Football

Report: Fan Controlled Football (FCF) Pivots to Tech Licensing Amid Cash Crunch, No 2023 Season

In a recent article by Ben Fisher in the Sports Business Journal, it was revealed that the Fan Controlled Football (FCF) is undergoing a significant change in its business model. The FCF, known for allowing fans to make real-time coaching decisions through fan voting tools, is pivoting to a technology licensing model. This decision came about after the league faced a cash crunch that derailed its plans for a third season.

Sohrob Farudi, the co-founder and CEO of Fan Controlled Sports & Entertainment, told Sports Business Journal,

“Given the capital markets currently — and quite frankly, nobody’s going to tell you it’s not capital-intensive to run a sports league — we thought maybe the better idea in this environment is to focus on the technology and the platform for now”.

The FCF league gained attention with its innovative approach of new-age fan engagement tools, which seemed to resonate with the growing interest in blockchain technology and cryptocurrency. However, as Fisher reports, the league was hit by funding challenges. Despite having raised $55 million in venture capital, including a $40 million Series A round in January 2022, by late 2022, the capital markets dried up.

Farudi acknowledged the financial challenges, stating,

“I think we pretty quickly realized that the big growth road, which I’d say even six months ago was pretty achievable, was going to be next to impossible”.

One of the silver linings for the league is the interest generated in the technology behind their fan voting tools. The company is nearing completion on deals to incorporate fan-input elements into other sports, including basketball, auto racing, and golf. Farudi stated,

“Some we’ll co-own and co-produce, and some will be existing leagues we’re adding interactivity to”.

In addition to technology licensing, the FCF is considering a franchise ownership model as a means to relaunch the league. They are looking to sell franchises for high six figures to lower seven figures, aiming to secure eight buyers. The revenue from franchise fees would enable the league to operate for multiple years, and franchise owners would control their own profit and loss.

We here at XFL News Hub are fans of the FCF and hope we can see them again in 2024. The more opportunities for players and coaches, the better.

Unleash the Action: Sign up for XFL Insider and Fuel Your Passion for Football!

Mark Perry, a passionate sports journalist and the founder and editor of XFL News Hub, has been at the forefront of covering the XFL since its revival in 2018. Within days of the XFL's announced return, Mark initiated XFL News Hub to keep the fans abreast of every detail, game, and development of the league. Mark's extensive knowledge of the sport, combined with his unwavering dedication to providing comprehensive and accurate reporting, has made XFL News Hub the go-to platform for all things related to the XFL. His work over the years has brought him recognition in the world of sports journalism, solidifying his place as a leading voice in XFL coverage. Beyond just reporting, Mark believes in fostering a community around the XFL, engaging fans through his innovative content and discussions. If you have any inquiries, comments, or insights you'd like to share, Mark welcomes you to contact him directly at

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More in Alt Football