The High Court of Justice for England and Wales has set 19 May to 21 May as the date for the hearing regarding the distribution of funds from Football Index’s player protection account. There is currently a balance of £4.5 million in the player protection account, although £3.2 million is owed to customers who still have money in their Football …
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Football Index £4.5m claims hearing taken to High Court
The High Court of Justice for England and Wales has taken on the hearing regarding the distribution of over £4.5 million in funds to former customers of Football Index. Begbies Traynor, the insolvency practitioners for Football Index parent company BetIndex, initially began to process claims against the company in April, one month after the operators collapse. After the firm initiated …
Read More »Football Index administrator begins to register customer claims
Begbies Traynor, the insolvency practitioner of Football Index operator BetIndex, has begun to process customer claims against the company, which officially entered into administration on 26 March. This morning, Begbies Traynor issued a communication to Football Index customers, notifying them that it had begun to register claims against the insolvent business, requiring affected customers to fill out an online form. …
Read More »UK Ministers to launch Football Index probe
UK government Ministers are reportedly planning to launch an investigation into the collapse of ‘football player trading exchange’ Football Index. The Times reported that legislators are ‘deeply concerned’ by the collapse of the operator, after users lost over £100 million following its crash into insolvency. “This case further reinforces the need for our comprehensive review of gambling laws,” a government …
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