This evening (Tuesday, September 2) at 9pm BBC Two will air Football’s Financial Shame: The Story of the V11.
It looks into claims from a group of former Premier League footballers that they lost millions of pounds due to financial advisers Kingsbridge Asset Management.
The alleged ‘financial abuse’ occurred in the 1990s and 2000s with those who ran the firm denying any wrongdoing.
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In addition, members of the V11 campaign group are now being chased for millions more in tax, even though City of London Police has reportedly said they were “victims of crime”.
The group includes former Liverpool players Danny Murphy and Michael Thomas, as well as current Oxford United first team head coach Craig Short.
Bailiffs visited the coach at Oxford United’s training ground, Oxford Sports Park According to the BBC the former defender was advised to invest in a Florida development, losing a large amount of money and eventually being visited at Oxford United’s training ground by bailiffs.
His tax liability was reportedly shown to be £1.6 million.
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The V11 campaign group was set up by Mr Short’s wife Carley Barnes-Short, who is a former criminal defence lawyer.
She and the wider group aims to change the law to protect victims of crime from serious tax charges.
Currently there are 11 retired footballers in the group but it’s possible many more may have been impacted.