Reduced the intrinsic value of all traders portfolios by 80-90% giving 30 days notice. Pumped the market with news of a big announcement from their CEO to increase deposits and instead pocketed millions from their loyal customers and destroyed the lives of thousands.

No communication since as the management structure are clearly so embarrassed by their actions that they can’t even bear to talk to their users.

Customer Service representatives have since advised via email that as a result of a reduction in deposits, Football Index was in a poor financial situation (despite recently releasing a statement advising they were in the best financial position they’ve been in 5 years). They’ve effectively admitted to being a Ponzi scheme, payouts were not sustainable due to a lack of deposits!!

The business delayed releasing their accounts to Companies House and extended their year end, a red flag to investors, but all the while lied to their users about their financial security.
In a recent interview in the paper following the scandal, the CEO has advised it was only a week and a half ago that Football Index realised they needed to reduce dividends, completely contradictory to all previous statements advising they have known for months.

Do not use, they are desperately trying to cover their backs and keep replying to reviews advising they are regulated by the Gambling Commission, as if that therefore makes everything ok.
Recent reports confirm the Gambling Commission has very little understanding of Football Index’s offering and news outlets are asking for more regulation of the product.