Professional athletes have traditionally been targeted by fraudsters and a sizeable percentage of them end up as victims of investment fraud or financial scams. The global sports business and professional players’ salaries are increasing in value each year and so do financial fraudsters.
Money Smart Athlete Blog
The aim of the Money Smart Athlete Blog is to provide athletes worldwide with the tools to become money smart and help them make savvy financial decisions. We created this blog to transmit and share the knowledge we have accumulated as financial and business advisors during the past two decades.
The exponential financial growth of the sports industry has, unfortunately, brought about an array of opportunities for illicit practices like match fixing, money laundering and human trafficking.
It has been over four years since San Francisco 49ers quarterback Colin Kaepernick refused to stand up for the American national anthem, later explaining that he cannot show pride for the flag of a country that oppresses black people and people of colour.
During these surreal times we live in, social responsibility becomes more than just a mere catchphrase, PR stunt and marketing technique.
In 2018, Ulrich, Pope, Cléret et al., published the results of an anonymised survey that was conducted in 2011-12 and asked more...
Sports Corruption dates back to the 388 B.C Olympic Games when the fist-fighter Eupolos bribed his three competitors.
It is a common mistake for parents to try and dictate to their children how and in what way to live their lives—a route which entails many dangers.
Time and again we have pointed out the challenges posed by following a career in sport, the biggest one being uncertainty as to the longevity of an athlete’s career.