RIP Football Index

Mourning the loss of @FootballIndex. 💔
Thanks for the memories

[RIP Football Index @save_fi]

@Zidave1 What do you think was the reason for Adam promoting Mike to CEO?

Clearly not up to it.

[RIP Football Index @save_fi]

@intowinbaby @GamRegGB Regulated on paper but not in practice.

Complete failure. Should never have licensed it, except they did & now expect consumers to cover the cost for the damage it caused

[RIP Football Index @save_fi]

@ElonsTurdFlaps ...
Similar 'exits' at convenient time

Of course, Mike not innocent, but it hasn't worked in his favour by the looks of things.

I don't know.

There's something very naive/ foolish about him, vs something very calculated about Adam's disappearance.

They need interviewing.

[RIP Football Index @save_fi]

@ElonsTurdFlaps ...
- Mike left to pick up the pieces of the div increase
- Adam pulls the strings from behind the scenes (only possible with Mike who trusted him)
- Mike sent to make false statements under instruction?
- Adam knew his reputation was tarnished & downfall soon
- GC execs made....

[RIP Football Index @save_fi]

@Zidave1 The feature mentioned investigations by the Insolvency Service. These must have been going on a while now, but yeah there's definitely more to this than what it seemed initially (a last minute scramble to save the platform).

[RIP Football Index @save_fi]

@GamregApproved @ElliePittTV @AdamColeFI Yes, he needs to come out of hiding & questions answered.

Clearly this isn't going away and I think they realise it now.

Only a matter of time?

[RIP Football Index @save_fi]

@RuthCadbury @ElliePittTV Thank you.

Consumers are paying the price for failed regulation. They couldn't care less.

Appreciate the support.

[RIP Football Index @save_fi]

@ElliePittTV ... Please, please, could you track down Adam Cole, & the Gambling Commission execs who also 'disappeared' at the time.

Too many questions unanswered & this brings up difficult memories, but genuinely, thanks for increasing awareness of this, & to those who told their stories.

[RIP Football Index @save_fi]

@ElliePittTV Thanks for covering this & exposing what happened. Most haven't understood so far.

A shame to see Mike couldn't even bring himself to address the question. I've tried to take a balanced view on what happened but difficult to comprehend his 'so what' attitude'....

[RIP Football Index @save_fi]

@Zidave1 @michelledonelan @scullyp Likely not just limited to #footballindex scandal.

Imagine what would be uncovered if other cases were investigated in the same way.

Corrupt regulator.

Public needs to know what went on.

[RIP Football Index @save_fi]

@777MUFC @Zidave1 @GamRegGB @TheFCA The regulators showed their true colours.

No genuine interest in protecting consumers.

Hide their mistakes & blame each other.

Platform should have been frozen early on & proper financial regulation put in place.

[RIP Football Index @save_fi]

@Zidave1 @GamRegGB @TheFCA @TheFCA should have been involved from the beginning. They were aware of it early on I believe, but did nothing. Pretended they didn't know.

@GamRegGB license gave it a false sense of credibility. Consumers trapped between two regulators fumbling around & passing the buck.

[RIP Football Index @save_fi]

@Zidave1 @fi_action So, a licensee couldn't provide (to the regulator) a break down of bets/ shares which they had issued.

'No problem, send us a bank statement' instead. Botched job.

Have these been picked up by the media?

The wider public need to know.

[RIP Football Index @save_fi]

@Lambings_ I thought it was a relaunch. 🤦‍♂️

I'll update/ delete the tweet.

[RIP Football Index @save_fi]

@Hammer_FI Not trolling at all. I thought it was legit relaunch, but apparently not.

[RIP Football Index @save_fi]

@7836Moukoko It's not legit?

[RIP Football Index @save_fi]

@dronnygaz @Zidave1 Self preservation took over.

The platform grew out of control of the management. They panicked & became increasingly desperate.

GC prioritised themselves over consumers. Covered their own backs & watched it go down.

Unforgiveable.

[RIP Football Index @save_fi]

@0001Eagle @GamRegGB Most concerning thing about all of this is that we would all have been better off without gov regulation at all.

It misled people into a false sense of security.

'They didn't understand the platform' but still licensed it anyway.