Begbies Traynor, who are rescue and recovery specialists, was appointed in March this year to administrate the finances of Football Index. The account is valued at £4.5 million. Related Articles. Facebook Twitter LinkedIn Pinterest Reddit Share via Email Print. Football Index and Begbies Traynor have been approached for remark. Begbies Traynor, the insolvency practitioner of Football Index operator BetIndex, has begun to process customer claims against the company, which officially entered into administration on 26 March.. Football Index collapse left 'investors' more than £90m out of pocket in the biggest British gambling failure everBy Tom Witherow For The Daily Mail P Menu DUK News It is still far from a simple job for the administrators though. Advertisement. It said that Richard Toone, Adrian Hyde and Adrian Rabet have been appointed joint administrators of BetIndex, which trades as Football INDEX in the UK following a … Share or touch upon this text: March 11, 2021. A court hearing to determine the cash distribution of £4.5m held by Football Index’s administrators has begun this week, with the company involved urging a speedy resolution. Richard Toone, Adrian Hyde and Adrian Rabet from Begbies Traynor LLP have been appointed joint administrators of BetIndex Ltd, which trades as Football INDEX in the UK following a High Court order today (26.03.2021) The Begbies Traynor team was advised by a legal team at Bird & Bird LLP led by partner Joss Hargrave. Man Utd’s new football director comes to a decision on Erling Haaland transfer. Begbies Traynor, the insolvency practitioners for Football Index parent company BetIndex, initially began to process claims against the company in April, one month after the operators collapse. This morning, Begbies Traynor issued a communication to Football Index customers, notifying them that it had begun to register claims against the insolvent business, requiring affected … Begbies Traynor is tasked with distributing the funds held in the Football Index Player Protection Trust Account to former customers that were unable to withdraw their funds before the platform went into administration. The High Court of Justice for England and Wales has taken on the hearing regarding the distribution of over £4.5 million in funds to former customers of Football Index. Begbies Traynor has revealed it has been appointed as administrators to embattled betting firm Betindex Ltd.
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