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Category: The Contribution of Athletic Performance to the Athlete’s Personal Financial Success

Third Party Ownership and its repercussions on the financial success of top performing athletes

Third Party Ownership and its repercussions on the financial success of top performing athletes

By Andreas Themistocleous, Contributor Third Party Ownership (TPO) is a mechanism, most widely utilized in international football, through which clubs assign a player’s economic rights or part thereof, including the right to benefit from transfer fees, to third-party investors in return for a financial counterpart. It was a mechanism devised by Clubs looking to fund their operations, by creating investment opportunities for third parties, who in turn seek long term benefits and great returns; young promising players, destined for international…

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Sustaining Financial Success in your post-peak-performance years

Sustaining Financial Success in your post-peak-performance years

By Lazaros Ioannou, APC Sports Consulting Limited For the third time in five years, Tom Brady led the New England Patriots to a championship title with a 13–3 win over the Rams in Super Bowl LIII. With the Patriots’ February Super Bowl victory, Brady, at 41 years of age, became the oldest quarterback ever to win it. The likes of Tom Brady or Kareem Abdul Jabbar, who won the championship with the Lakers 2 times after turning 40 and Roger…

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Financially successful athletes that don’t perform well in sports

Financially successful athletes that don’t perform well in sports

By Andreas Themistocleous, Contributor Think about Dennis Rodman. He was never the basketball talent, yet he won multiple championships with the Pistons and the Bulls. He was never a top-3 name mention in any team conversation, yet years after his retirement the media still bother to ask his opinion on basketball issues. Rodman was a performer; he had a niche. He made himself necessary to his team. At the end of his career, he probably tried every possible route to…

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How the Money Smart Athlete can use athletic performance towards financial success

How the Money Smart Athlete can use athletic performance towards financial success

By Constantinos Massonos, Contributor Success in an athlete’s career can come in many forms; winning a league title with a club, breaking a personal record or winning an Olympic medal. In addition to a big shot of dopamine, success will also result in a huge amount of free, ongoing exposure through local and international TV, newspapers and magazines, and sports and pop culture websites.  Financial success, on the other hand, comes as a result of hard work and the ability…

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Top Athletic Performance and Utilizing the Resulting Fame

Top Athletic Performance and Utilizing the Resulting Fame

By Niovie Constantinou, Contributor In today’s media-driven world, professional athletes have obtained considerable fame, with the top performing ones being some of the most iconic individuals in the world. It is a fact that they have influenced generations to come, not only with regards to sport, but in so many other areas as well, since their power and influence has spread across the entertainment industry and beyond. The flip side of becoming so famous so fast, is that there is…

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