This is an HTML version of an attachment to the Freedom of Information request 'Football index internal correspondence'.

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27 February 2020 10:06:38
Source: Wikipedia (need to consider reliability)
“On 26 March 2019, Football Index implemented a Share Split with increased dividend
structure. This meant every share owned by investors, were split by a value of 3. E.g. Pre
Share Split a investor owned 1 x £30 share in player A, Post Share Split the investor will
then had 3 x £10 shares in the same player A. This ultimately causes affordability for users
to buy more, or allow smaller spenders to afford the more expensive players-where
previously they were out of reach. Liquidity was gained where more people would buy,
then more selling and overall more trading. With the Share Split happening, the yield with
the changes in the dividend structure also increased by an average of 28% allowing more
profitability. The aftermath of the Share Split on 26 March 2019 saw huge investments.
On 26 March £1.4 million was deposited on the first day of the share split. In the first
hour £844k was deposited on this date
https://en.wikipedia.org/wiki/Football_Index
 
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