Group of former footballers suing St James's Place

£15m group claim

Hannah Godfrey
clock • 1 min read

A group of retired footballers are suing St James's Place (SJP) over claims it advised them to invest in tax avoidance schemes.

According to The Times, a group of 14 investors - including former Chelsea player-turned-pundit Andy Townsend - have alleged SJP said they should put their money into film and small business-related investment schemes later deemed to be tax-avoidance schemes. Other claimants in the group include former Millwall player David Livermore and ex-Nottingham Forest player Colin Cooper. Linvoy Primus, who played for Portsmouth and was honoured by the Queen in 2015, was also among those seeking redress from the advice giant. According to Bloomberg, seven of the 14 investors have alleged an SJP...

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