Among the iconic players in Manchester United‘s history, few match the reputation of Bryan Robson, known as Captain Marvel.
A standout midfielder, Robson also played for England and featured in 453 matches for United from his debut in 1981 until he transferred to Middlesbrough in 1994. He enjoyed considerable success during his 13 years at the club, winning multiple trophies.
As a two-time English champion with United, the 69-year-old maintains a strong bond with the club. However, Robson has faced financial troubles due to poor investments over the years.
He lost £250,000 in a failed hotel project in Canada and another £550,000 due to a film investment scheme that promised tax benefits.
Concerned about the financial struggles many footballers encounter from bad advice, Robson founded Xentum Sport.
Teaming up with former United player Simon Andrews, who became a financial adviser after his playing career, Robson aims to educate athletes on financial management.
“Once players sign their first contract, they become targets for con artists and opportunists,” Robson told the Daily Mail. “It’s troubling; I’ve experienced it myself, and I felt the need to take action.”
Robson’s initiative began with a meeting at Manchester United, where he spoke with INEOS chief financial officer Roger Bell.
During a dinner, Robson offered his insights and expressed his desire to assist younger players. Bell recognized the importance of this initiative, allowing Robson to address the Under-18s, Under-21s, and the women’s team, as well as the player welfare staff.
Discussions revealed underlying issues, including hidden fees included in agents’ contracts.
One report highlighted a 20-year-old player who had saved £150,000 for a £3.5 million house but lacked understanding of mortgages and stamp duty.
“For some, their first contract at Manchester United might be the best they ever receive, yet they often attempt to maintain a lifestyle that exceeds their means when moving to clubs with lower salaries,” Robson said.
“The young players are vulnerable. When I began my career, my parents were there for guidance. Even though my dad was a long-distance truck driver and my mom worked as a cook, they were smart yet didn’t have complete knowledge of financial matters.”
“Today, parents often try to advise but may lack sufficient understanding, making their children easy targets for unregistered advisors.”