Story perspectives

Former Footballers Face Financial Ruin Amid Kingsbridge Scandal

9/2/2025

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Summary

Story summary

Former Premier League footballers, including Danny Murphy, lost significant sums due to Kingsbridge Asset Management's financial advisers.
The V11 campaign group alleges financial abuse, with some players facing bankruptcy and tax demands.
Kingsbridge collapsed amid tax avoidance allegations, resulting in lawsuits and a police investigation that found no prosecutable evidence.
Affected players have average tax bills exceeding £1 million, prompting demands for improved support.
A documentary, "Football's Financial Shame: The Story of the V11," underscores their challenges and calls for systemic reform.

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Story summary

Former Premier League footballers, including Danny Murphy, lost significant sums due to Kingsbridge Asset Management's financial advisers.
The V11 campaign group alleges financial abuse, with some players facing bankruptcy and tax demands.
Kingsbridge collapsed amid tax avoidance allegations, resulting in lawsuits and a police investigation that found no prosecutable evidence.
Affected players have average tax bills exceeding £1 million, prompting demands for improved support.
A documentary, "Football's Financial Shame: The Story of the V11," underscores their challenges and calls for systemic reform.