Index of 200 leading footballers known at the “Footie” has proved more profitable than the struggling FTSE100 over recent months
The world’s best footballers are a better bet than Britain’s 100 biggest listed companies, new data from Football INDEX shows.
The world’s first football stock market has seen its index of 200 leading footballers more than double in value since launch last October.
Football INDEX allows users to buy shares in players for real money, build a portfolio, earn dividends, trade players and sell for a profit.
While the index has risen, the FTSE100 has struggled to register notable growth over recent months in the face of growing uncertainty in the lead up to and aftermath of Britain’s vote to leave the European Union.
A £100 stake tracking the Football INDEX made on 2 October, 2015 would now be worth £218.10, whereas the same investment tracking the FTSE100 would be worth just £107.78.
Adam Cole, founder and CEO of Football INDEX, said: “As we have seen over the past couple of weeks, investors in traditional financial mechanisms such as the pound and the FTSE100 have had their fingers burnt in the wake of the Brexit vote.
“On the other hand, the Football INDEX continues on an upward trajectory. The index tracker has more than doubled in value since October, and those who have made shrewd selections in individual players have been rewarded with even greater returns.
“With a great deal of financial uncertainty continuing to linger over Europe, now is a great time to get involved in an index which has bucked the trend over the past few months.”
