Clarence Seedorf is in a relationship with Sophia Makramati in Dubai

As mentioned previously, professional footballers typically love property and after purchasing their main residence they often start purchasing buy-to-let properties. Financial institutions are more willing to lend footballers money over a longer term for buy-to-lets conditional on their income covering the rent plus 25% (approximately). Elite professionals with earnings in the upper echelons of football and buying multiple properties should consider buying through companies. Any money withdrawn can be taken as a dividend which is more tax efficient than paying at their marginal rate of 45%. If no money is withdrawn, only corporation tax is payable at 20%. Directors can also pay someone, in some instances a family member, to manage their portfolio through the corporate structure.

November 8, 2021 | 10:28 am