Football Index, the gambling platform that allows users to purchases ‘shares’ in footballers, has caused uproar with their announcement on Friday to slash dividends.
Its customers have reacted furiously with large sums of money being tied up in the platform, which is licensed by the Gambling Commission and has been marketed as a ‘football stock exchange’.
Thousands have taken to social media to vent their fury at both the company and specifically chief executive Mike Bohan, who had recently promised a Q&A to discuss the company’s liquidity and bringing more stability to the platform.
Here’s everything we know right now and how we got to this point:
