14 Entrants so far with a £140 pot.
Not bad for a first 24 hours.
As an alternative to FPL, I have set up a Sky Fantasy Football Cash league. Its £10 to enter and the money is held by Sky Bet and all entrance fees are paid out as prizes.
The web address is https://fantasyfootball.skysports.com
My league last year had 68 entrants with a £680 prize pool.
1st place - 50 per cent of prize fund
2nd place - 25 per cent
3rd place - 15 per cent
4th place - 10 per cent
The details of the League are below:-
PIN - 8417013
Password - moneyball
Prize Pool (As at 9/7 is £90)
I tried to buy players who play for established teams playing in both The major European leagues and who play in Champions League and Europa League games or who are in teams likely to qualify who also have a record of earning dividends
I now know what an absolute crap strategy it was.
Nelson Senedo (Barcelona) 1.01 (Down 5p)
Alassane Plea (Monchengladbach) 1.89 (Down 25p)
Jonas Hoffman (Monchengladbach) 1.81 (Down 47p)
Kevin Volland (Bayer Leverkusen)1.55 (Down 2p)
I think I should just sell the lot and buy a 100 shares of every player in the England under 17s, Under 18s and Under 21s as the prices on this platform are not based on dividend yields.
The only new player that I have bought in the last week is Danny Wellbeck.
Scores a,Match winning goal tonight and his price is lower than it was a 5PM.
I am not chasing profits on the Goals promotion but the Wellbeck situation makes me laugh.
A fair question.
I saw a response from FI posted on Twitter recently advising that FI used the 2 per cent Comission and spreads to run their business but that dividends are actually paid from customer deposits.
On this basis the Index requires more money to be put into it than taken out of it.
Looks like your connection to Football Index Forum was lost, please wait while we try to reconnect.