Football Index administrators request swift resolution of £4.5m customer fund repayment

Insolvency practitioner Adrian Hyde is aware that many Football Index customers are "suffering from mental health issues" with some e-wallets holding balances in excess of £50,000

A hearing to determine how £4.5m in cash will be distributed among Football Index customers and stakeholders will commence on 10 May after administrators requested a swift resolution to proceedings. Rescue and recovery specialists Begbies Traynor, which was appointed on 26 March to administrate the finances of Football Index, revealed it was under mounting pressure…

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