https://trade.footballindex.co.uk/dividendannouncement20/

@ScouseSte He does say towards the end (32min ish) that they are going to keep an eye on liquidity and review where a market maker might be needed. So in theory initially no market makers (other than other traders of course) but potentially in the future. As I said elsewhere if there are 100s of players sitting with 0 sell price FI will probably need to act - would a new user buy a player who shows as having no sell price?

Firstly apologies for starting a new thread on OBs but I'm hoping by creating a new thread with a positive opening statement and practical advice it will help calm a few people, especially as in a lot of the comments I've read recently you can either feel the concern or worse you can feel the dripping greed from certain vultures trying to enflame those concerns.

I would recommend anyone who hasn't listened to the FIGs video on OBs do so. The biggest positive speculation, with which I agree, is that FI / market-makers will initially create bids so that the vast majority of players will have the minimum 300 units of bids needed to create an IS price. It's not in FI's favour to have loads of players showing as having '0' sale price. This means there is likely to be an option to sell almost any player (death / retirement excluded exactly as now)

Next the new IS price will be created by the average of the HIGHEST 300 units of bids. What will this likely mean in practice? The new system opens, a trader puts in a 300 unit bid at 80% value, to keep it simple a £10 player now shows as having an £8 IS price until either someone sells or more importantly until the average is pushed up.
I believe these lower bids will happen a lot in the opening few minutes / hours of the new system so PATIENCE will be key - if you need to cash out you've probably waited this long so please wait a little longer!! Why? Because if the next trader makes a 300 unit bid at £9 that automatically becomes the new IS price again until there are higher bids or again until someone sells & so on.
FI automatically take the money from bidders so there will not be 1000s of traders putting in bids at 80% & tying up there funds - there will be some but patience I feel will beat them!

I also read that tightening spreads will encourage people to leave. I think this makes no sense though as the IS price is only created by bids, therefore the spreads only close as more people bid, i.e. the money isn't leaving that player & so their ''buy now'' price stays the same. Only when people list to market sell will the price drop - just as it does now!

Lastly if you do need to sell up then now is a good time to work out what you'd accept for a player, before you IS at a lower price I don't see why you couldn't mention on the forum what price you'd ''prefer'' to sell them at. I think there are enough white knight traders who'd be willing to help! At the end of the day if traders are currently happy to pay the buy now price there's no reason why they wouldn't be happy even with a small discount.

Thanks AT10

@Tom7471 My thoughts are the property market will drop & so he'll get more for his money in the future BUT it's not my speciality, I'm sure there are guys on this forum though who will have more specialist knowledge!
No worries about the chat, not sure if FI actually notify you when someone sends you a DM?

@Tom7471 Hey mate, I sent you a message on ''chat'' a few days back to save cluttering this page to see how it was going. Maybe DM me on that.

To be honest when I got to 400 VVD & hadn't heard from you I went in another direction.

One of the questions I asked you was whether your friend was still planning on investing in property right now? Not sure what other people think (or whether this is a good page for this debate) but with the impending recession, mortgage changes etc. whether now is the time to be investing in property?

@jonathan-rolfe NO!!! He's already agreed a transfer to Saudi Arabia July 1st 2020

@Tom7471 I started buying Van Dijk today, let me know when you get to top of the queue on anyone and I'll direct my funds that way. I'm no EJ but have done well on FI and happy to help.

@Tom7471 Good man, let's see what FI announce tomorrow and what it does to the market. If it doesn't have the desired effect there's a couple there I'd be happy to buy and will update tomorrow so we can see if you're at the top of the queue.

@Tom7471 As others have said let us know who you've listed, I have around 20-30 players I'm planning on buying into / topping up on, if they're on the list I'll buy that player first.

The decent thing about the forum compared to say Twitter is that it's a community and people will help you where they can but you need to let us help you!!

@NewUser50212 I'm pretty sure that when I got my new card I had to make a £10 deposit to register it, I then had to do the security checks; uploading photos of the card etc. Then I could withdraw as normal.