By Tom Sunderland
Copyright mirror
Gary Neville has revealed how he has lost a significant amount of money after a failed pension investment. And former Manchester United team-mate Roy Keane sympathised by acknowledging his own monetary missteps during his career. The comments came in response to a recent BBC documentary, ‘Football’s Financial Shame: The Story of the V11’. The show uncovered how a group of footballers who rose to prominence in the 1990s and 2000s, including Danny Murphy , Brian Deane and Rod Wallace , felt they were the victims of financial abuse after investing with Kingsbridge Asset Management. After watching the programme, Neville relayed his own experience in being let down after a friend’s tip-off led him astray. And Keane, 54, has urged today’s footballers to “get a good accountant” to look after their financial affairs before placing too much trust in someone with their own interests. “I’ve been able to withstand it, but I got advised from a player to invest in a pension, and move my PFA pension into this different pension,” said Neville on the Stick to Football podcast . “Because I was frustrated by the PFA pension, because it was just stuck there [and] wasn’t doing anything. “I was quite entrepreneurial [and] thought, ‘Okay, is there another pension I could go to?’ So this player came up to me and said invest in this pension. I’m not talking any player, a player I really trusted. I put my money in this pension, where you could actually then go and invest in commercial property, [which] means you can actually see some benefit at least. “The whole thing – [this was] about 10 years ago – locked up to this day. So I’ve got three properties I can’t even touch, can’t go in, can’t get any money out of. I’ve lost all the money in it.” It was revealed in 2022 that United legends Wayne Rooney and Rio Ferdinand were part of a footballer group that lost £25million after investing with Kingsbridge. However, allegations against the firm ran by David McKee and Kevin McMenamin date back years prior . Upon being probed for more information by Arsenal icon Ian Wright, Neville explained the trustees are in control of the money. Keane sympathised with those who had lost out. “I think all of us will have stories,” he added. “I’ve gone into one or two things [and] lost a lot, a lot of money. Again, people you trust. That’s why I go back to it, any young sportsperson, get a good accountant!” Liverpool legend Jamie Carragher echoed that same sentiment and joined the chorus by suggesting he too had lost out in the past. However, he suggested athletes should stick to what they know without getting involved in affairs outside their wheelhouse. Of course, it hasn’t all been bad for Neville, who has been celebrated for his business acumen over the years and is estimated to be worth tens of millions. The former England full-back is a part-owner in two Manchester hotels, the Stock Exchange and Hotel Football , and also has his own production company. Neville was even featured as an honorary Dragon on several episodes of Dragons’ Den in 2024, recognising his entrepreneurial spirit. As for Keane, his work ethic has clearly rubbed off on his children after daughter Caragh debuted her superfoods brand in response to being diagnosed with lupus. Join our new MAN UTD WhatsApp community and receive your daily dose of Manchester United content from Mirror Football. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don’t like our community, you can check out any time you like. If you’re curious, you can read our Privacy Notice.