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- Winning the Financial Game, with Connor Pain.
Winning the Financial Game, with Connor Pain.
Empowering Overseas Athletes with Simplified International Money Transfers.
👉️ This week I have a case study for you from a Professional Footballer who left Australia to take up a deal in Saudi Arabia.
Connor Pain, a professional footballer from Australia, was embarking on a new chapter of his career in Saudi Arabia. For the first time, he would play abroad and receive his salary in US Dollars (USD). However, he didn't have a USD account.
The absence of a USD account and the high costs associated with traditional banks for international money transfers presented a significant challenge.
The first and easiest option is to have his salary transferred back directly into his Australian account. The issue with this is that he would be charged poor exchange rates from his Australian bank and lose out on up to 5% of his salary each month.
Check out the full Case Study:
A few months ago, I sent out a survey to approx 50 Overseas Athletes and a common issue or problem they faced was around Visas, and what they were or were not entitled to or qualify for.
I’m always trying to solve these problems by introducing experts in this field. I have spoken to the team at Sports Visa Lawyers and they would be happy to speak to anyone who needs assistance in this area.
Feel free to reach out to them below 👇️
Sports Visa Lawyers is a legal practice specialising in sports migration in Australia, USA, UK and Europe.
Navigating the complex world of sports visas can be overwhelming. Their team of experienced lawyers is there to provide the guidance, support, and expertise you need to secure the right visa to work, train, or compete.
Currency update from SportsFX
AUD/USD - 0.6632
AUD/EUR - 0.6122
AUD/GBP - 0.5209
AUD/NZD - 1.0845
AUD/JPY - 104.00
GBP/NZD - 2.0816
GBP/USD - 1.2732
EUR/USD - 1.0833
USD/JPY - 156.79
Podcast - New Season Incoming 🛬
🎙️ New Episodes are currently being recorded for Season 2 of The Overseas Athlete ⬇️
While the first season of guests was mainly Football ⚽️ related, we also have guests in the following sports lined up for future episodes:
🏀 Basketball - A couple of female basketballers, an Aussie and an American, who have played in over 15 countries between them.
🏀 A 26-year coaching veteran who has coached through the US, Asia, Europe & now South America
⚽️ Football - An Aussie who spent 5 months in the USA chasing his dreams. An Englishman who played in Malaysia.
📃 Sports Lawyer, who has expereince in Sports Contracts, Corporate and Sponsorship agreements.
🥊 MMA - A couple of Aussies on the World Stage, in the PFL and the UFC!
🏏 Cricket - A coach at the highest level in England.
By sharing this newsletter with fellow athletes, coaches, agents, and anyone navigating the unique landscape of international competition, you're not just spreading information; you're fostering a community of support and empowerment. Together, we can amplify voices, share experiences, and provide invaluable insights to those who may benefit from the wisdom and guidance within.