Meet the Manager: Footstock Big Tree
In the Footstock Meet the Manager series, we profile some of the platform’s most active managers. Today’s manager under the spotlight is major investor Footstock Big Tree.
1) What is your name?
Footstock Big Tree
2) How long have you been on Footstock, how did you hear about it and what is your Footstock-related background?
I’ve been on Footstock for about four weeks now. Like many, I came across Footstock on the Football Index timeline on Twitter. I’ve been on Football Index since December 2017 and deposited around £15,000 at the time. After reaching a portfolio size of around £90,000, I came across Footstock.
3) What is your collection size?
After initially depositing £10 and then £1,000, I decided to take the plunge and deposit around £55,000. I found the community very engaging and after having a chat with the Footstock team I knew straight away that this was a business and set of owners I’d like to place my trust in. I may look at depositing more in the future.
4) What is your collection structure?
I have at least 2–4 cards of each of the high-scoring PPG players in each team, so I have a good range of players to pick from for tournaments.
I then have between 25 and 50 of the top players in the better Premier League teams, the likes of Bruno Fernandes, Kevin De Bruyne and Marcus Rashford.
Finally, I have between 20 and 35 of the best young players: Phil Foden, Martinelli, Harvey Barnes, etc.
5) What is your strategy?
Sit back and relax! With the lack of time on my hands I can’t really be trading too much, so I’ll be looking for capital appreciation in the long term. I’m here to stay for a good while so I’m hoping to see that collection value go up.
After purchasing a fair few packs as well I have a nice tournament balance built up, so I’ll certainly be using that to keep myself entertained now football is back on the TV.
6) What do you like about Footstock?
I find the product really fun. The cross between Fantasy Premier League and Football Index is a great blend. I honestly think that Footstock have tapped into a market FI didn’t want to necessarily aim for, which is why I believe both products will thrive going forward.
As many people do, I often compare Footstock to Football Index. I don’t have a bad word to say about Football Index because in all honesty it’s changed my life. But to me, Footstock, its community and its customer service just feels so warm. Everyone seems to want each other to do well, which is great.
Having had a chat with the team at Footstock before dropping the big deposit, they got me on board straight away. They didn’t need to sell it to me: I could feel their sense of ambition and drive to not just make a really great product, but one that’s built on the ideas and passion of its community. I do hope as Footstock grows that they continue to develop the product based on this.
7) Which players do you presently think are the best value and why?
OK, so here we go …
Jarred Bowen – West Ham
Along with Bruno Fernandes, Bowen is actually my biggest hold in terms of the number of cards. I’ve watched him a fair few times in the Championship and believe he has the intelligence to make it in the Premier League. I’ve backed him to make the England squad for the Euros next summer.
Raheem Sterling – Manchester City
For someone who should have (in my opinion) been Premier League Player of the Year in 2018-19 I think he’s still undervalued at £57*, despite the recent increase.
Paul Pogba – Manchester United
I can’t say I’m a massive fan of Pogba. However, much like Sterling, despite his recent rise you can’t help but think even at £46 his price could still grow significantly yet.
8) What advice would you give a new trader?
Deposit about 10% of what you are looking at staking overall and try and track the market to see if it’s in a peak or trough. Wait for the trough before investing the whole hog. I made this mistake and ended up buying at a peak. Subsequently, my collection value went down.
9) What has been your best/favourite roulette win or swap?
Do you know what? I don’t usually use roulette. I’ve used the free spins, but nothing of note came out of it. I usually try and steer clear of the gambling element of the site, which is ironic considering it’s a gambling platform! But it just goes to show that there are many ways to play this game!
10) What are you most looking forward to about Footstock?
Making money! But no, in all seriousness, I want to see the platform grow in its own way. I’d like to see prices of players consistently growing, but at the same time Footstock moving away from this constant comparison with FI. I’m not sure that will happen to be honest, but ultimately it’s out of the company’s hands. They certainly seem to be following their own path, with the help of the community. The more Footstock can partner up with credible businesses, like it has done with WhoScored, the more the product and brand will grow.
Finally, one area I think FS can steal a march on its competitors is new territories. This type of product isn’t that prevalent abroad at the moment and if it can be the first to add an NFL element, for example, and make it in America that could be huge. The long-term plans discussed by the Head of Product on the recent podcast were very exciting.
* Prices correct at time of writing