Premier League pilot scheme success

By Zebra Colour

13 Mar 2017

A year on after being commissioned by the Premier League to conduct a pilot scheme on financial literacy, Red Star Education based in Blackpool can demonstrate some tremendous results.

A number of Premier League clubs undertook the trial which provides financial literacy education to help young academy scholars understand personal finance, and to assist them in taking responsibility for their financial future, whether that is in or out of football.

The scheme is aimed at Year 1 and Year 2 academy scholars (16 -18 years) and delivers many aspects of personal finance, including budgeting, tax, savings & investments, pensions, mortgages, management of debt, credit and credit cards. These are delivered through five 1-hour sessions on site at the academy.

Stoke City, one of the clubs involved in the pilot is delighted with the results and can see the incredible value it brings to their young scholars. Greg Briggs, Academy Head of Education from the club commented, “It’s essential that our youngsters have the confidence to take responsibility for their financial futures and the structured programme delivered by Red Star Education is both interactive and engaging.”

Success is assessed through a base line test to see how much scholars understand at the beginning of the course and feedback is then collected from them and the Head of Education at the end of the course. 98.25% of participants of the pilot said that the course was “effective” at meeting its aims.

Another club involved in the pilot is Sunderland AFC, who have found the scheme equally successful, with young academy scholars grasping the complexities of financial planning.

Don Peattie, head of education and welfare from Sunderland AFC, said: “We teach our youngsters a whole range of football skills, but it is also vital that they learn other life skills whilst in training, such as personal finance. We’ve found the Red Star Education team extremely approachable and knowledgeable, making our youngsters feel at ease and able to partake in discussions about finances. We hope this will help them as they go through their professional lives, whether that is in football or another career.”

With National Financial Literacy Month fast approaching in April, the Red Star Education team hope this important aspect will be highlighted significantly throughout the sporting world, and encourage more Premier League clubs and other football academies who are forward thinking, as well as other sporting academies outside of football to invest in the scheme.

Nick Cunliffe, director at Red Star Education, commented: “We think more football clubs will see the benefit of this type of education and how it aids the long-term wellbeing of their players. We hope that seeing the positive impact of financial planning on mental health and consequently performance on the pitch will encourage more clubs to invest in their young players in this way.”

Contact Nick Cunliffe on 01253 486346 or email [email protected] for further details or visit the website at www.redstareducation.co.uk

   

Enjoyed this? Read more from Zebra Colour

Latest news

1

VARS Technology team up with debt resolution specialists to fight fuel theft David Nichol John Garnett Aydan Jones and Laura Tilley

VARS Technology team up with debt resolution specialists to fight fuel theft

12 Sep 2025

2

University of Lancashire unveils Preston campus installation to celebrate name change University of Lancashire new feature

University of Lancashire unveils Preston campus installation to celebrate name change

12 Sep 2025

3

PM+M welcomes ten new apprentices for 2025 intake Lucy Field, Kate Walsh, Ellie Fisher, Zainab Aswat, Reece Jones, Aisha Bibi Patel, Finley Vila, Uzair Zariwala, Richard Prest, and Charlie Harrison

PM+M welcomes ten new apprentices for 2025 intake

11 Sep 2025

4

ROCCIA strengthens commercial division with senior appointment Andrew Grove

ROCCIA strengthens commercial division with senior appointment

11 Sep 2025

5

Final call for investors: Rossendale community solar project must hit target by November Gary McEwan managing director of Interfloor

Final call for investors: Rossendale community solar project must hit target by November

10 Sep 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Sub36 Networking - Follow the signs
Sub36 Deaf Village Social1200
Networking
17 Sep 2025

Sub36 Networking - Follow the signs

The Deaf Village, Blackburn, BB2 5EN

10:00 - 12:00

LBV124 September/October Launch Event
MBP Arc Cinema Preston Opening 205
Networking
18 Sep 2025

LBV124 September/October Launch Event

The Arc Cinema, Preston, PR1 2BL

08:30 - 10:30

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Preston Tech Connection - The Ultimate Tech Quiz!
Preston Tech Connection Sept 25.png.png
LBV Hub Networking
16 Sep 2025 - 16 Sep 2025

Preston Tech Connection - The Ultimate Tech Quiz!

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:00

The Business Network Central & East Lancashire
LBV Hub Networking
17 Sep 2025 - 17 Sep 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Preston Freelancer Meet-Up: September
Sept Freelancer (1).png.png
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Preston Freelancer Meet-Up: September

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation
Chorley Council breakfast event new
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation

Worden Hall, Leyland, PR25 3DH

08:00 - 11:00

Speed Networking with BNI
2.png.png
LBV Hub Networking
24 Sep 2025 - 24 Sep 2025

Speed Networking with BNI

Chorley Football Club, Chorley, PR7 3DU

16:00 - 19:00

The Marketing Meetup IRL: Lancashire - September
TMM Lancashire
LBV Hub Networking
25 Sep 2025 - 25 Sep 2025

The Marketing Meetup IRL: Lancashire - September

Chorley, PR7 2SL

18:00 - 20:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV 123 Online Graphic
Subscribe now

Weekly news bulletin