Football Index
- Thread starter Wazza
- Start date
Beckhambear2
Well-Known Member
I took my money out about 2 years ago but still get the emails from them. They announced a dividends reduction and looks like everyone panicked and took out there money. Markets has crashed totally
Trueblueal
Well-Known Member
It felt like a scam as they would continually change the rules but lock sales while they did. Shares all crashed in value with little prospect of a recovery. The method of buying and selling became a joke. I sold all my shares in it and lost about 70% in value. Luckily I was playing at it with small amounts
Not familiar with it myself but my friend has lost close to £1000 because of this and can’t get the rest of his money out.
People on twitter seem to have lost a lot more going by the reactions.
I think they changed their T’s and C’s which has had a massive detrimental effect on players. Again not really clued up tbh but certainly seems dodgy
People on twitter seem to have lost a lot more going by the reactions.
I think they changed their T’s and C’s which has had a massive detrimental effect on players. Again not really clued up tbh but certainly seems dodgy
SouthCoastLoyal
Well-Known Member
It seems like a ponzi scheme.
Thommo2006
Well-Known Member
I've got 50 quid in there. Tried selling my shares and they wouldnt let me. I've resigned to it going.
nelster
Official FF Paparazzi
“The intrinsic value of my port”
Repeated ad naseum for couple of years when its pointed out to people you don’t own a thing, there is no intrinsic value you are just getting money back when the next person puts a deposit down and theres no way everyone could sell back out.
Apologies to anyone taken in by it or thats now lost money. Disgraceful they were allowed to do it.
I’m deriding the notion of it having ‘intrinsic value’ above - so why on earth under their license terms were they allowed to advertise as the ‘football stock exchange’ when nobody actually owns anything.
Repeated ad naseum for couple of years when its pointed out to people you don’t own a thing, there is no intrinsic value you are just getting money back when the next person puts a deposit down and theres no way everyone could sell back out.
Apologies to anyone taken in by it or thats now lost money. Disgraceful they were allowed to do it.
I’m deriding the notion of it having ‘intrinsic value’ above - so why on earth under their license terms were they allowed to advertise as the ‘football stock exchange’ when nobody actually owns anything.
Wazza
Well-Known Member
Just all punting basically ain't it, was same when Betfair came out - remember a lad saying he had "laid overs" - just backing under's that. The different wording seems to pull more people in.
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Same invested £50 a couple of years ago.
Totally forgot about it till I saw this post.
Saying my Portfolio now at £157 but wont let me withdraw anything.
I was into it a few years ago, took all my money and bailed a while back though.
KensingtonBlue
Well-Known Member
Was always pure gambling, which I had no issue with - but it advertised itself like it was investing i.e deluding punters into thinking they somehow had 'shares' in Kylian Mbappe. They should have never been allowed to present themselves the way they did. It's shameful.
WeAr3Th3Pe0ple
Well-Known Member
How could anyone believe that they had shares in a real player?
Feel sorry for everyone out of pocket
Bluenosewrx
Well-Known Member
£50 IN IT, THANK GOD I NEVER PUT MORE
Wazza
Well-Known Member
Football Index - Buy & Sell Footballers with real money on the Football Stockmarket
Football Index is the world's first Football Stockmarket where you can Buy & Sell footballers with real money.
trade.footballindex.co.uk
