Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Evelyn Partners has revealed a new financial education programme for boxing professionals in partnership with 258 MGT, the management company set up by Anthony Joshua.
Evelyn Partners and 258 MGT are working to roll out the programme to the boxing community at large.
The firm said that some great boxing champions have made headlines as their post-career lives were beset by financial mismanagement, and earn amounts that require careful planning from the beginning to establish financial security.
Evelyn Partners has a history of offering financial advice and planning to sportspeople, and the firm has also delivered financial education programmes in football and rugby.
Anthony Joshua said: “As an athlete your career is short and you need to be smart with how you plan for tomorrow. At 258, we take this very seriously and are proud to be industry leaders with how we support and nurture the careers of our athletes and any fighter who wants to participate.”
Adam Osper, managing partner in Financial Planning at Evelyn Partners, added: “The vast majority of boxers, from Olympic ‘amateurs’ to full professionals, have never had the benefit of any guidance on basic things like mortgages, debt, savings and how to plan for the future.
“Our plan is to support them through every step of their career to ensure they receive the right guidance to make good financial decisions, so that when they come to the end of their boxing career they and their families are financially secure.”
Will Harvey, Head of Boxing at 258 MGT, said: “At 258 we feel strongly about education in the management of finances within boxing. Fighters retiring without a solid base of savings or assets has been a common problem in boxing historically, and we want to try and develop this element of pastoral care within the sport to help prevent financial problems.”
