S&W The Pulse

In this episode we will be discussing what Impact and recovery COVID-19 has had on sports professionals.In unprecedented times, it feels like an understatement given the impact COVID-19 has had on world affairs and of course team sports. We’ll drill down on how different people have been affected in vastly different degrees. This period has been a time of reviewing for advisors, to generate discussions on what this means for players and how it affects lifestyle going forward. It has also changed the players attitude towards their finance, taking more of a keen interest more than ever.Impact in Rugby Union As of the 30 June 2020, more than 50 premiership players found themselves out of contract, a large proportion of those were negotiating deals back in March. During lockdown – all those negotiations were put on hold and some players had provisional contracts rescinded. A fortunate few have found new clubs, although most are on short-term deals or reduced wages for the remainder of the season.95% of rugby play