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4 exit options baby boomer business owners might want to consider
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Sports People
In comparison to others, people in sport have the potential to earn significantly higher earnings. You can acquire wealth at an age when you’ve had little opportunity to develop the knowledge and the skills to manage or handle the impact wealth can have on your personal life and personal development.
Throughout a career in sport you will face unique financial challenges bespoke to you. There are no guarantees on how long your sporting career may last, and with that in mind, it is essential you begin managing your finances as early as possible to ensure you’re financially secure throughout your entire life.
Your earnings can, and will, fluctuate throughout a career in sport. You could also sustain injuries, which could impact your earnings, and in several instances bring your sporting career to an unfortunate early end.
How you approach your finances during your sporting career will determine the type of life you are able to live when your sporting career comes to an end.
Fiducia work with sports people to ensure they understand how best to manage their wealth.
Saving money, Investing money, Insurances, Reducing Tax liabilities, Pensions – including P.F.A Pensions for footballers, we will advise you to ensure you understand and make the most of your earnings.
Whether you’re looking at buying a car on finance, renting a property or even applying for a mortgage, our advisers understand the complexities people in sport face when applying for credit.
Our Wealth Management for Sports People team include Financial Adviser James Crisell and Matt Lovell.
Both have been involved with sport their entire lives, including playing football for the likes of Colchester United, Arsenal, Bristol City, Ebbsfleet and many more football clubs in the UK.
Together they understand the needs and wants of people in sport. More importantly, the understand how to navigate sports people towards financial freedom.
For more information on how we can help you during and after your sporting career, click the ‘LEARN MORE’ button below.
