[5] The stock exchange cap called 'The Footie' started with the launch of the platform on 2 October 2015 with a base value of 1,000 points.

[14] The UK's Department for Digital, Culture, Media and Sport (DCMS) commissioned Malcolm Sheehan QC to investigate the role of regulators in the company's failure.

A number of individuals (including an un-named competitor of BetIndex) had alleged the company was operating a Ponzi scheme; the GC concluded that it was not.

Sheehan noted that the GC had concerns that Football Index might constitute a stock market, and so raised the matter with the Financial Conduct Authority (FCA), which would be the relevant regulator.

[16] He was joined the following month by Guillem Balagué, whose role at Football Index included hosting trader events, producing blogs and videos, and appearing on FITV.

Football Index were shirt sponsor for three EFL clubs – Bristol Rovers and Nottingham Forest from 2018[18][19][20] and Queens Park Rangers from 2020.

[13] Football Index secured £1.92m of funding from Burlywood Capital, the venture arm of gambling veteran Mark Blandford, who founded SportingBet.