The Palace Fan 3,400 Posted May 5, 2021 Share Posted May 5, 2021 Planning to return cash balances and make £80m worth of bets null and void. You couldn't make it up. Link to comment Share on other sites More sharing options...
Whiskey 1,187 Posted May 5, 2021 Share Posted May 5, 2021 Again, I never did FI as I thought it would end up being a scam - but for those that are active surely the trust has gone? Who in their right mind would pump any cash into this company? Link to comment Share on other sites More sharing options...
Administrator Batard 2,534 Posted May 5, 2021 Administrator Share Posted May 5, 2021 There can be absolutely zero trust in investing in Football Index, it has suffered irreparable brand damage. You have to question the sense of why they have brought this back or are trying to. Link to comment Share on other sites More sharing options...
Dr. Gonzo 8,180 Posted May 5, 2021 Share Posted May 5, 2021 9 hours ago, Batard said: There can be absolutely zero trust in investing in Football Index, it has suffered irreparable brand damage. You have to question the sense of why they have brought this back or are trying to. I don't even know if you can call it "investing" with Football Index. As someone who never used it, but was interested for a bit... to me it always looked a bit like sports gambling - but dressed up to look like a stock market. Which makes people feel like they're investing. There's other companies out there that do the same thing in reverse, apps that exist to make investing in the stock market look like gambling. And I get there's a lot of people who think that trading stocks is a form of gambling... and it's a fair point in some instances. But I don't think when you're throwing money onto the NYSE or FTSE you're expecting them to suddenly change the rules on how stock prices are valued. Even with normal bookies, you're not expecting them to fuck with the bets you've already made. I think they exploited a lot of people: people who weren't so interested in gambling, but thinking it was more of a way to invest... but the knowledge you needed to make a good investment was with football. And I think they also appealed to gamblers by making it look like a way to make calculated decisions on bets. But yeah, I think they've got a completely tainted brand... and other than gamblers with the most severe of gambling addictions, I can't see why anyone would give them a second chance. Or start using with all of the knowledge about them. I wouldn't be surprised to see that they've got a lot of data saying that people are hooked to be able to spin a profit and won't care about whether or not they're well trusted. Link to comment Share on other sites More sharing options...
The Palace Fan 3,400 Posted May 5, 2021 Author Share Posted May 5, 2021 10 hours ago, Whiskey said: Again, I never did FI as I thought it would end up being a scam - but for those that are active surely the trust has gone? Who in their right mind would pump any cash into this company? Nobody. Absolutely Nobody. I understand the administrators role is to ensure the company survives in some format but the arrogance of people within the management structure to think they'll be able to start again with all bets being void is quite frankly astonishing. There's an inquiry in to how the company failed for crying out loud. Link to comment Share on other sites More sharing options...
ROBBIEFC 74 Posted May 5, 2021 Share Posted May 5, 2021 I may have misunderstood this, but will the customers who lost thousands upon thousands will be issued a refund? Or will it just be a case of the little man gets parred off? Football Index were very quick to stop issuing updates and helping their clients out when the shit hit the fan (literally) but now that its owners are being forced to own up they're trying to adopt a caring persona? No thanks... as many will say to this once they've received what they're entitled to... fuck off... Link to comment Share on other sites More sharing options...
Smiley Culture 1,651 Posted May 11, 2021 Share Posted May 11, 2021 Hahaha. I shouldn’t laugh because people are out of pocket and people have suffered, I’m not laughing at that anyway, I’m laughing at the audacity of that statement, effectively wiping everyone’s accounts and hoping they’ll come back. It could have worked, maybe in a different format, under different owners but this simply won’t work. Link to comment Share on other sites More sharing options...
The Palace Fan 3,400 Posted May 11, 2021 Author Share Posted May 11, 2021 On 05/05/2021 at 22:24, Robbie said: I may have misunderstood this, but will the customers who lost thousands upon thousands will be issued a refund? Or will it just be a case of the little man gets parred off? Just a we're sorry and all bets are wiped. It's astonishing. Link to comment Share on other sites More sharing options...
Subscriber Dan+ 1,915 Posted May 18, 2021 Subscriber Share Posted May 18, 2021 They can fuck off. Link to comment Share on other sites More sharing options...
Inverted 1,776 Posted May 18, 2021 Share Posted May 18, 2021 Whatever any new customer would be planning to put in, you'd be as well just throwing it on Dogecoin or whatever the meme crypto of the day is. Would still make slightly more sense. Link to comment Share on other sites More sharing options...
Smiley Culture 1,651 Posted May 18, 2021 Share Posted May 18, 2021 Anyone using anything else? I completely missed Footstock going pop too. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.