Most,
if not all, have spoken about the plight and financial sufferings of
ex-professionals in our local game... many have gone as far as suggesting dat
each team needs to provide financial advisers four our players while they are
still active.
I’m
of that belief that financial advisor services have been provided by Premier Soccer
League clubs, but then again,an advice is no guarantee to bearing fruit, we
need more stricter measures.
Granted,
players are the main people to blame, however, I would like to take issues with
the Premier Soccer League and clubs, I’ve spoken to an ex-profession and have been
seeing with my own eyes a payslip belonging to a professional... what caught my
attention from what I was told and what I saw, is that Premeir Soccer League
players are hardly taxed and they do not contribute to a retirement fund!
I’ll
take issues with retirement, the Premier Soccer League should make it a
compulsory requirement that each player should have a pension fund that a team
invests through a regulated fund manager... even if a player is contracted 4 to
5 years, he needs to receive his contributions and that of the team at the end
of that term... this should be standard practice as is the norm in other
professions and will go a long way in curbing the poverty of retirees.
By Sidwell 'Feesh'
Francis
