Jeremy Peace: 'Young players need money guidance'

Peace: 'Young players need money guidance'
© Getty Images
West Bromwich Albion chairman Jeremy Peace insists that young players need to be taught to protect their money to safeguard their futures for beyond their playing days.

West Bromwich Albion chairman Jeremy Peace has revealed that he would like to see young players being given guidance about how to protect their money for the future.

Peace believes that players such as Manchester United's Tyler Blackett, who is reportedly set for a large pay rise, should be taught to safeguard their cash with an outlook to beyond their playing days.

He is quoted as saying by the Daily Mail: "My view on young players is that it would be a good thing to try to protect their money in some way. When you read about Tyler Blackett and other young players getting a big jump in wages, the natural reaction is "wow".

"You just hope, when any young player is being given all this money, that the agents or friends are advising them to put it away somewhere safe, so if it goes wrong or they have an injury, they have something saved to enjoy when they eventually retire.

"I just think there should be some mechanism in place so all the money they earn is not spent."

Peace has been chairman of the Baggies since 2002.

Manager Alan Irvine of West Brom looks on during the Barclays Premier League match between Southampton and West Bromwich Albion at St Mary's Stadium on August 23, 2014
Read Next:
Mowbray backs Irvine to succeed at West Brom
>
You May Like
Recomended from Sports Mole



Premier League
Championship
Scottish League Cup
La Liga
Bundesliga
Serie A
Ligue 1
Segunda Division
2.Bundesliga
Australian A-League
Belgian Pro League
Greek Superleague
Eredivisie
Primeira Liga
Russian Premier League
Turkish Super Lig
Major League Soccer
Tables
TeamPWDLFAGDPTS
1Manchester CityMan City98103242825
2Manchester UnitedMan Utd96212241820
3Tottenham HotspurSpurs96211961320
4Chelsea95131710716
5Arsenal95131712516
6Watford94321517-215
7Newcastle UnitedNewcastle9423108214
8Burnley934289-113
9Liverpool93421416-213
10Southampton933389-112
11Huddersfield TownHuddersfield9333710-312
12Brighton & Hove AlbionBrighton9324910-111
13West Bromwich AlbionWest Brom9243710-310
14Leicester CityLeicester92341214-29
15Swansea CitySwansea9225610-48
16West Ham UnitedWest Ham9225817-98
17Stoke CityStoke92251020-108
18Everton9225718-118
19Bournemouth9216613-77
20Crystal Palace9108219-173