Features
Red Planet Financial Solutions have considerable experience in managing Sports Professionals' finances and we understand the unique circumstances and pressures faced by them. We are able to offer a comprehensive Financial Management Service, advising on all aspects of Sports Professionals' finances. In addition Red Planet Financial Solutions will liaise with Agents and/or Clubs on a clients' behalf.
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. Red Planet Financial Solutions 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.
Nearly every player will buy a property during his career and very often he will buy more than one. We offer full independent advice on the best way to buy properties as well as negotiating with the vendor, sorting the legalities out and arranging the most tax efficient way of owning properties.
Not only does this ensure an excellent way of investing money but it provides security for the player and their family. Red Planet Financial Solutions has arranged over 350 mortgages for our clients alone, our specialist's knowledge of the property market both here and abroad has been of considerable value to our clients and their property protfolios.
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 Red Planet Financial Solutions 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.
While club salaries are paid direct to the player's bank accounts all commercial income is paid direct to a player. Red Planet Financial Solutions has the facility of several major accountancy firms and 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.
Red Planet Financial Solutions have close working relationships with various top law firms in order to offer their clients the best legal advice where necessary. Such companies are able to offer clients advice in all areas such as litigation, taxation, as well as advice on general family matters and intellectual property rights; i.e. copyrights and trademarks.