Professional footballers are more risk-averse when it comes to their investments than people would believe, after having their fingers burnt during the credit crunch, said Adam Osper, head of sports and media at London & Capital.
Although known for splashing cash on extravagant lifestyles, footballers are more protective of their savings and generally opt for low-risk investments, he said. "After the Lehman Brothers collapse, it became apparent lots of footballers had been misadvised on a number of racier investment schemes, such as property investments in some countries, and various things went wrong. We decided to re-open up our business to offer them plans aiming to allow them sufficient money to retire with." London & Capital previously had a sports wealth arm during the late 1980s, run in association with...
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