Whether you’re a professional athlete, coach, sports agent, or part of a growing sports business, we offer tailored financial, tax, and business advisory services designed to help you succeed during your career and beyond.
Whether you’re a professional athlete, coach, sports agent, or part of a growing sports business, we offer tailored financial, tax, and business advisory services designed to help you succeed during your career and beyond. At Price Bailey, we understand the unique challenges that come with working in the fast-paced world of sport — and we’re here to support you every step of the way….
Here at Price Bailey, we have experience working with a range of clients. From professional sports clubs to amateur clubs and individual sportsmen.
Specialist sports accountancy plays a crucial role in career and earnings planning for professional athletes. By offering tailored support throughout the peaks and transitions of their careers, we help clients navigate complex financial landscapes with confidence. This includes ensuring that tax matters related to contracts—such as benefits in kind—are handled correctly, and that income from various jurisdictions and streams is managed efficiently. We also provide expert guidance on image rights structuring and the use of personal service companies, addressing associated tax and VAT considerations to ensure full compliance and optimal financial outcomes.
Planning for the future is essential for athletes looking to secure long-term financial stability and success beyond their sporting careers. We provide comprehensive post-career financial planning, helping clients preserve their wealth through strategic tax advice and investment guidance. Whether it’s launching a new business, starting an academy, building a sports-related brand, or developing a property portfolio, we support clients in setting up and growing their ventures with confidence and clarity.
The sports industry as a whole is facing many challenges regarding a lack of funding and sponsorship combined with increasing costs. Moreover, many companies involved in organising and coordinating elite sports events have diminishing financial reserves.
Many are strained by the continuous launch of new offerings and the changing consumer expectations relating to influencer media campaigns. To stay ahead in this industry, organisations in this industry need to be unique, disruptive and should consider the different types of funding available to them.
Now, more than ever, having expert financial systems and advice in place is critical for businesses to stay competitive and thrive in this sector.
Smaller sports clubs are expected to face challenges due to a lack of sponsorship, funding, and rising costs. We can support you through these challenges, allowing you to focus on running your club.
On the flip side, with crowds returning to stadiums, strong performance from premier league clubs, increasing health consciousness and continued government funding, these factors are expected to carry the industry on its upward growth trend.
We understand that many clubs are not-for-profit and will be facing additional challenges because of this. We work with more than 400 non-profit organisations, and our deep knowledge and understanding of the needs and legislative challenges facing not-for-profit organisations underpins our approach to the sector.
Our team have specialist and in-depth experience in key industries where marketing conditions demand specific expertise. We have many years’ worth of experience working with sports facilities – regionally, nationally, and internationally.
Even in the most challenging, competitive, or complicated business circumstances, you can be confident that our financial, tax, and strategic advice is always appropriate and effective.
With attendance to sports facilities predicted to significantly increase, higher sports participation, larger sports facilities are well placed to take advantage of the opportunities presented to them.
Despite this, many traditional sports facilities still remain under threat from technological developments boosting the remote fitness sector, increased demand for low-cost facilities, and new entrants with a sharp competitive edge.
Whether you’re facing challenges or want to take advantage of opportunities, our expert teams can support you in reaching your goals. We offer an extensive range of services, ensuring you have access to highly relevant knowledge and resources.
We can advise and support you in many areas – from funding, business planning and forecasts, annual accounts and tax returns, to guidance on all areas of taxation, or outsourced payroll, management achttps://www.pricebailey.co.uk/counts and company secretarial services.
We also offer a breadth of services to individuals, including; personal wealth management, financial modelling, and cash flow forecasting.
Get in touch with our experts today to discuss how we can help you…
Contact us today to find out more about how we can help you
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