A new documentary, "Football's Financial Shame: The Story of the V11," exposes the hidden world of financial exploitation that has impacted numerous Premier League footballers. The documentary follows a group of eleven former Premier League players, known as the V11, who were victims of deceptive financial advisors. These players, who enjoyed the relative financial boom of the 90s and early 2000s, entrusted their earnings to supposed experts, only to see their wealth disappear through questionable investments.

The V11 consists of players who were prominent but not necessarily superstars, a generation caught between the sport's burgeoning riches and the astronomical figures of today. The documentary highlights the human stories behind the headlines, revealing the emotional and psychological toll of financial ruin. Players who once felt secure in their futures now grapple with the consequences of misplaced trust.

Kingsbridge Asset Management, fronted by David McKee and Kevin McMenamin, was the company at the center of the V11's financial woes. Endorsed by prominent figures and even the League Managers Association, Kingsbridge cultivated a reputation as a reliable firm for securing players' post-retirement futures. With a client list exceeding 360 players, the company's reach spread rapidly through word-of-mouth, particularly among influential figures in the locker room.

The investment strategies employed by Kingsbridge often involved property, both in the UK and overseas. Players were encouraged to invest heavily in developments, enticed by government-backed tax incentives. However, as the property market faltered and tax regulations changed, the investments soured, leaving many players with substantial losses and crippling tax bills. Some players were also advised to invest in film-financing schemes.

The emotional consequences of these financial disasters have been profound. The average tax bill for each member of the V11 group exceeds £1 million. Despite being recognized as victims of crime by the City of London Police, these players continue to face aggressive tax recovery efforts. Some players, like Danny Murphy, have spoken publicly about the mental health challenges they have faced as a result of their financial struggles, including resorting to alcohol, drugs, and gambling.

"Football's Financial Shame: The Story of the V11" is not just a story of financial mismanagement; it's an exposé of a culture of financial grooming and industrial-scale abuse within professional football. The documentary aims to expose the dark side of the Premier League and provide a platform for the V11 to seek justice.