Tag Archives: football index

EFL Chairman takes stance against betting sponsorship ban

Chairman of the English Football League (EFL), Rick Parry, has spoken out against a ban on sports betting sponsorship arrangements, citing financial concerns for lower league teams. Speaking to the Financial Times (FT), Parry remarked that a betting sponsorship ban would be ‘catastrophic’ for smaller football clubs ‘in the wake of the pandemic’. Parry’s comments come two months after it …

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UKGC comes under fire from Football Index collapse

Pressure is mounting on the UK Gambling Commission (UKGC) to explain the fallout of Football Index – the football player trading platform which entered insolvency proceedings last week citing that it could no longer maintain its business due to liquidity issues. John Whittingdale, DCMS’ new undersecretary overseeing UK gambling laws, is reported to have held ‘frank discussions’ with the Commission’s …

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Football Index suspends business as it enters administration

Football Index has this morning confirmed that it has entered administration, suspending all trades on its platform.  Issuing a player update, Football Index confirmed that the decision had been taken following consultations with the Gambling Commissions of the UK (UKGC) and Jersey (JGC).  Last weekend, Football Index was hit by a ‘customer exodus’, as traders withdrew accounts from its platform …

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Football Index dividends decision leads to investor exodus

Football player stock exchange, Football Index has prompted an investor exodus after making the decision to reduce dividends paid for each player transaction, leading to a significant drop in asset value (player price) and returns (player value) for its customers.   Some users have reportedly lost tens and in some cases hundreds of thousands, with one bettor allegedly losing £250,000. To …

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Football Index donates Nottingham Forest and QPR shirt sponsorships to YGAM

Football Index donates Nottingham Forest and QPR shirt sponsorships to YGAM

Football Index has donated its shirt sponsorship for Nottingham Forest and Queens Park Rangers to the Young Gamers and Gamblers Education Trust (YGAM). Marking Safer Gambling Week, QPR will wear a special edition shirt for their London derby against Watford on 21 November, while Nottingham Forest will be sporting the shirts for their game against Bournemouth on 24 November. The …

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QPR names Football Index as new shirt sponsor

Gambling platform Football Index has been named as Queens Park Rangers Football Club’s latest front-of-shirt sponsor for the upcoming EFL Championship season. The agreement, which is initially a one-year deal with the option to extend, sees the ‘Football Stock Market’ displayed on QPR’s home and away kits for the 2020/21 season. Neil Kelly, Chief Executive Officer of BetIndex Ltd, Football …

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Football Index selects beBettor to lead customer affordability demands

Football Index has strengthened its responsible gaming frameworks and customer affordability checks by partnering with the beBettor platform.  The online stock market for professional football will utilise beBettor’s ‘geo-affordability data’ solution to verify its new and existing players on customer affordability checks, safeguarding its business against gambling-related harms.  Updating stakeholders, Football Index stated that it has selected beBettor as its …

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ASA brandish red card to Football Index ads

The Advertising Standards Agency (ASA) has pulled a Facebook-based ad belonging to Football Index – Bet & Trade – a regulated gambling platform – due to it breaching advertising codes. The complainant raised the issue that the Football Index ad, which heavily featured England and Borussia Dortmund superstar Jadon Sancho (19), was in breach of regulations prohibiting the use of under …

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Football Index secures ‘landmark’ deal with Nottingham Forest

Online gambling platform Football Index has secured a new sponsorship agreement with Nottingham Forest Football Club which is set to become the “biggest shirt sponsorship deal in the club’s history”. The new deal will see the Football Index branding displayed across the team’s first-team and adult replica shirts from the beginning of the 2019-20 season. Neil Kelly, Chief Executive Officer …

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Football Index secures January sponsorship of Notts County

Football Index - Copyright: dizanna / 123RF Stock Photo

Football Index has boosted its sponsorship portfolio after agreeing a deal to become front of shirt sponsor of League Two side Notts County for the month of January 2019. Licensed by the UK Gambling Commission under BetIndex Limited, Football Index is the world’s first football stock market where you can buy and sell footballers with real money. The company’s logo …

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