Remember the summer days of the 2012 Olympics in London watching the TV, cheering on your heroes winning all those medals for team GB, those stars being interviewed afterwards busting with pride with their achievements and hoping to move on to more medals in the future or a career outside of athletics.
Well it’s seems that now some of those athletes are struggling and cannot afford to stay in the sport. Pete Waterfield is finding that reality is somewhat different to the sporting arena. Pete a silver medalist in 2004 says he cannot afford to stay in the sport without any funding.
Like most of us he has a family and mortgage to pay, and he is not alone, 150 Olympians & Paralympians attended a special Career fair set up by various institutes and trusts.
Team GB Volleyball athlete Rachel Laybourne finally got a job through a friend of a friend and she can no longer play her sport. “I’m financially crippled” she has said although she is now in work, but after paying for her accommodation and food there is nothing left.
She was left staggered by the number of athletes at the careers fair who were left out of work. But of course there was one Athlete who after the Olympics did rather well.
Tom Daley just finished his ITV1 series Splash, with a very nice six figure cheque into his back pocket, whilst his sidekick Pete Waterfield is not making a splash. But to fair to Pete he said “I’ll never go on the dole, no way I’m a fighter. I’ll find a way to survive”.
Keeping your head above water is a struggle for many people these days and especially for small businesses. Thankfully there is a solution for businesses and that is a Company Voluntary Arrangement.
If your company is viable, only bogged down with debt then take a look at the Company Voluntary Arrangement route – they save hundreds of businesses each year.