FINVIA CUSTOMER STORY:
Professional athlete
Professional athletes focus entirely on their sporting goals during their active career. Financial planning for the time after their career often falls by the wayside - a risk that most don't realize until it's too late.
More customer stories
In our client stories, we share the experiences and perspectives of our clients from different walks of life - from successful athletes to retired entrepreneurs. Each story gives you a unique insight into how different wealth planning goals and needs can be and how we can solve them individually.
Customer story
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Initial situation
OF OUR CLIENT
Michael Kohlbach is a 25-year-old professional footballer. His goal is to be financially secure for the time after his active career and to remain independent in the long term. He has built up his wealth through a lucrative player contract and additional income from marketing activities. At the start of the partnership, his basic assets amounted to 10 million euros.
Name:
Michael Kohlbach*
Profession:
Professional soccer player
Origin of assets:
Salary from player contract, marketing income
Age at the start of the mandate:
25
Real estate assets:
10 million euros at the start of the mandate
Target:
Financial security after the end of your career and provision for the future
*In order to preserve the anonymity of our clients, the success story described is a fictitious personal example that was created on the basis of various real mandates of FINVIA.
Challenges and goals
OF A PROFESSIONAL ATHLETE
One of the biggest challenges for professional athletes is financial uncertainty after the end of their career: Around 50% of players get into financial difficulties after their career, and around 20% already during their active career. One reason for this is that many athletes lack the necessary financial expertise to invest their income properly. In addition, they simply don't have the time to deal intensively with financial aspects.
- Financial security after the end of your career should be planned.
- Money should not just be saved, but invested in high-yielding asset classes such as private equity, shares and real estate.
- The purchase of direct real estate offers an attractive and stable investment opportunity.
- The acquisition and management of real estate is a major challenge and requires in-depth expertise.
- Most professional athletes cannot cope with this task, which is why experts should be consulted.
At FINVIA, we have the right solution for precisely these challenges: we develop individual asset strategies and take over the selection of high-quality real estate as well as the management of the properties. Our customer story provides in-depth insights into how Michael Kohlbach built up the ideal portfolio of real estate and alternative investments with our help so that he could enjoy a carefree retirement.
Oliver Bierhoff, Co-Founder and Chairman FINVIA Sports
"The careers of professional athletes only last around 8 years on average. In this short period of time, they are expected to constantly perform at their best and also develop an optimal financial strategy for their future. And then you stand there, have your career and earn a great salary. The problem is that no one shows you how to handle it properly."
Find out which individual investment strategy
FINVIA HAS IMPLEMENTED WITH THE CUSTOMER