The Observer reported in January that Football Index, the self-styled “stock market of football”, suffered a series of price crashes on its exchange - where users can buy and sell “shares” in footballers and receive “dividends” based on their performance.And after the company gave its users 28 days’ notice of a dramatic reduction in dividend payments, which has seen the maximum dividend payable reduced from 14p per share to just 3p per share, reports have emerged of another crash over the weekend.Trading in shares was suspended until Saturday morning, when the price at which most shares in the index’s top 200 players could be sold divided to 1p or 2p - with no sell price at all for many more.It is believed liquidity in the market has also.
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