Twenty clubs are quoted on the board. Every other club in English football that has no token of its own sits behind one token, The Rest.

Between the two are the unquoted clubs: clubs that have a token of their own that the market maker does not quote yet. Every club token can be held and traded from the start, any market maker can quote it on its own terms, and it gets paid on any day its club is in the Premier League table.

The Rest is shown at whatever the twenty quoted prices leave of the $1. The market maker quotes no club outside the twenty, so that one figure carries the unquoted clubs as well. The Rest is paid nothing today, because the daily pay goes to the twenty places in the Premier League table and no club behind The Rest is in it.

Every club in the top six levels of English football for the 2026-27 season has a token of its own, 164 in total; any club not in those six levels, such as Bury and Dulwich Hamlet, is represented by The Rest.