Thursday, 07 June 2018 10:53

Former Premier League manager sues financial advisers

Rate this item
(0 votes)
Goodison Park Goodison Park

Ex-Everton and Glasgow Rangers manager Walter Smith has launched legal proceedings against his former financial advisers.

Mr Smith is suing high-profile Hertfordshire-based financial adviser Neil Caisley, documents from the Court of Session in Edinburgh reveal.

The 70-year-old, who also had a stint at Manchester United in 2004 as Sir Alex Ferguson’s assistant, is also taking legal action against Gareth Alexander, also of Hertfordshire.

They are both former directors at Chelmsford-based ProVision Financial Consultants, which was dissolved on 22 April 2014 according to Companies House records.

The former Scotland manager’s action is over money paid into a pension fund while he was in charge at Goodison Park in the 1990s.

Mr Smith alleges that Mr Caisley and Mr Alexander agreed to return £600,000 they received in commission but only paid him £280,000.

The case will be heard by Judge Lord Bannatyne and a full hearing is due to take place later this month. 


FREE. Get more stories like this daily to your inbox. Unsubscribe at any time. Sign up now.

Add This email address is being protected from spambots. You need JavaScript enabled to view it. to your address book to ensure email delivery. Thank you!

Last modified on Thursday, 07 June 2018 11:00
FINANCIAL PLANNING JOBS - Advertise your vacancy from £99 ex VAT
Reach 12,000+ professionals by advertising your vacancy with us. Set up an account and post your job the same day. Big savings for advertising 2 or more vacancies.
Special Offer: Use code 'FPJSaver10' on checkout to save on selected packages. Click for details: