The club's MUFC fan token on Chiliz shows no meaningful reaction to the coaching appointment, reinforcing a pattern where personnel moves fail to move crypto markets. Manchester United announced Eva Olid as the new head coach of its women’s team on August 4, signing the 40-year-old Spaniard to a two-year deal. For crypto investors holding the Manchester United Fan Token (MUFC) on the Chiliz/Socios ecosystem, the news landed with no notable price movement and no spike in trading volume. AdvertisementThe fan token disconnectManchester United operates an official fan token through the Chiliz/Socios platform, the same ecosystem that powers tokens for dozens of major sports clubs worldwide. What this tells us about sports tokens more broadlyFor investors still holding MUFC tokens, the broader Chiliz ecosystem faces structural questions.