This is a classic case of wealth managers saying 'we advised you on risk and suitability' while the investors are saying the opposite. What makes this different is that the investors are all former premier league footballers: Cole, Campebell, Keown, Ferdinand, Savage and Murphy to name a few. Irrespective of the high profile of the investors this claim will come down to quality of advice, risk profiling and paperwork undertaken by the wealth managers. Were the forms completed assessing age, education, investment experience and risk appetite? What meetings were had when the investment risk was explained ? If former Arsenal, Everton and West Brom striker, Kevin Campbell is to be believed - "When I see the paperwork it's horrendous" - then probably not that much.