When you’re looking for a financial planner as a football professional, you need to make sure you work with someone who understands the football industry itself.
Other planners and advisers may still be able to help you with your money. But, if you want the best and most relevant financial advice and planning for you, working with a planner who knows the sport is likely to be your best option.
Here are five reasons why football and sporting professionals need to work with a financial planner who knows football, as well as finance.
1. They know the specific challenges you face
As a football professional, you’ll face very different challenges to people in other occupations.
While many people will focus on pensions and retirement planning, your needs are different. You need to know the best way to make the most of the money you have in what will likely be a shorter career so that you and your family can continue your desired lifestyle.
A financial planner that knows football will understand this without you having to tell them. They’ll know where to start when you contact them, providing advice that’s specific to your line of work.
2. They have the relationships with the right people
As a result of knowing the kinds of financial issues that football professionals will face, a financial planner that knows the industry inside out will already have the links to the right people.
Whatever you need or want to achieve with your money, your planner needs to be able to point you in the right direction to the professionals who can help people in your position with your level of wealth.
Working with a planner who knows football will ensure that they’re able to do that, having built relationships with the right professionals.
3. They’ve done it all before
Knowing the challenges you’ll face and the right people to speak to is fantastic, but there’s no substitute for first-hand knowledge and experience of the sport.
As you might have many different concerns, having the support and guidance of someone who’s done it before can be invaluable.
At ProSport, our team includes former players who’ve been through it all already. That means we have personal experience of the issues that you may need help with.
We can also use this experience to tell you about the kind of problems you might face in the future, some of which you may not even have thought about yet.
4. They know the importance of including family
As part of going through it all before, a planner that understands football will also know the importance of including family along the way.
Whether you’ve just taken your first pro contract and you want to include your parents in your decision-making, or you’re now making plans that will affect both you and your partner, a financial planner that knows football also understands that family is a big part of the whole journey.
That’s why, at ProSport, we include your family in your financial planning. We’re transparent and honest throughout the entire process, so that everyone knows where they stand and what’s going on at each stage.
5. You know you can trust their advice
All in all, working with a planner that has an in-depth knowledge of football ultimately means that you can trust the advice you receive, which is what matters most.
At ProSport, our team of experts will take the time to get to know you, your family, and your financial situation. We’ll then use that information, combined with our knowledge of football as a whole, to design a financial plan that works for everyone involved.
You don’t just have to take our word for it, either, as we’re an official partner of the PFA. That means we’re trusted by the UK’s representative body of footballers and football professionals to provide advice that helps people just like you to secure your financial future.
We’re also a Chartered firm, meaning our business meets the strict, gold-standard criteria of financial planning businesses at the top of their game.
Work with us
If you’re a football professional in need of help with your finances, you should consider working with us at ProSport.
We have years of experience in both football and finance between us, meaning we have first-hand knowledge of all the financial concerns you’ll face throughout your career and beyond.
Email email@example.com or call 01204 602909 to find out about how we could help you.
This article is for information only. Please do not act based on anything you might read in this article. All contents are based on our understanding of HMRC legislation, which is subject to change.