Tag: football

By the Time the FCA Writes the Warning Letter, the Shirt Has Already Done the Selling

By the Time the FCA Writes the Warning Letter, the Shirt Has Already Done the Selling The Financial Conduct Authority’s warning to football clubs over sponsorship deals with unauthorised financial firms raises a much bigger question than football sponsorship. It asks us to look at how trust is created, transferred and monetised before most people … Continue reading By the Time the FCA Writes the Warning Letter, the Shirt Has Already Done the Selling →

Footballers Deserve Better: Why They Should Not Be Classified as High Net Worth or Sophisticated Clients

Professional footballers are too often treated by the financial system as “high net worth” or “sophisticated” investors. This classification strips them of the vital protections afforded to retail clients by the FCA and the Financial Ombudsman Service. In reality, they are among the most vulnerable groups in society when it comes to financial exploitation. Their … Continue reading Footballers Deserve Better: Why They Should Not Be Classified as High Net Worth or Sophisticated Clients →