Football is now a vast global business and the ever-increasing sums of money that are invested in the game by commercial enterprises ensure that the rewards for players are continually rising. A professional footballer has only a few years in which to maximise his income, not just through earning wages from his club but also from investing wisely during this period. Hence, it is vital for all players to have a sound off-field management team behind them, people in whom they can put their trust and upon whom they can rely so that they can channel all their energy into training and playing.
In terms of services offered, Pitchambition Sports Management provide a comprehensive package to all clients. This includes advising on playing contracts and transfers; obtaining sponsorship, endorsement and promotional work; providing legal advice where appropriate; arranging mortgages and insurance; and overseeing all financial affairs such as accountancy and taxation.
Football Club Contracts
All players retain the right to seek advice when offered a club contract and the importance of taking this advice cannot be over-emphasised. Players have different requirements at different times of their careers and each contract, whether it is a first, or a renewal, is advised on, if required, to take into account the player's personal circumstances. Pitchambition Sports Management operate worldwide and have great experience in dealing with overseas clubs as well as in the U.K.Transfers
Transfers play a major role in the career of a professional footballer and must be handled with the utmost care. There are many implications to take into account, both financial and professional, and if handled badly, they can have a major effect on a player's career. The player's welfare is the most important factor to consider and Pitchambition Sports Management's only concern lies with the interests of the player and his future.
Off the pitch earnings provide valuable additional income for most players and it is important that this is properly managed so as to maximise the return. Endorsements, sponsorship and promotional work are all areas in which Pitchambition Sports Management seek to provide the player with extra earning potential, and, where possible, each player will be involved in these. Knowing both how and when to heighten a player's profile is a skilled business and must be dealt with carefully. Inappropriate advice can ruin a player's profile, both within his club and the public eye and this can lead to problems on and off the pitch. Pitchambition Sports Management work very closely with all well-known sports sponsors and all forms of media and these relationships prove to be invaluable for the promotion of our players.Pitchambition Sports Management also understand and appreciate how important and how difficult it can be for young footballers to get the right sports and product endorsement deals. In many cases, provided the players have continued to develop, Pitchambition Sports Management has been able to procure lucrative sponsorships with both major football brands, Nike and Adidas.
Pitchambition Sports Management have an association with various top law firms in London and worldwide in order to offer their clients the best legal advice where necessary. Such companies are able to offer our clients advice in all areas such as litigation, taxation etc., as well as advice on general family matters and intellectual property rights; i.e. copyrights and trademarks.
Nearly every player will buy a property during his career and very often he will buy more than one. Not only does it represent a very good way of investing money but it provides security for him and his family. Pitchambition Sports Management has the facility of a mortgage expert who has negotiated several mortgages for our clients.
In the light of recent injuries to a few players, football insurance has become a big business. Traditionally, players were only insured for the benefit of their club; however, it is now essential that a player himself is insured against a career ending injury, otherwise known as permanent disability. At Pitchambition Sports Management we will ensure that a player is insured from the beginning of each season to cover any loss of earnings through temporary or permanent injury.
Accountancy & Taxation
While club salaries are paid direct to the player's bank accounts all commercial income is paid direct to a player. Pitchambition Sports Management employs an in-house finance director to handle such affairs although the company also has the facility of several major accountancy firms in the City of London. In certain cases we ensure that a player registers his own company for tax purposes so that all of his tax affairs can be dealt with both effectively and efficiently so as to minimise his personal liability.
A footballer's career is a short one and the sums that can be earned today during that period require that a player must plan for retirement if he is to maintain the same living standards that he enjoyed while playing. Pitchambition Sports Management will assist in planning for an athlete's future by organising their affairs so as to both create and protect wealth and to ensure a bright and happy future for the athlete and their family. We will oversee the planning of investments, personal pensions, and insurance requirements, both for sporting purposes and for mortgage payments.