The PFA's Finance Department maintains the two main funds, General Fund and Accident Fund in addition to PFA Enterprises Limited:
PFA General Fund
Senior PFA officers and the Management Committee are the main decision makers with regards to the PFA General Fund.
The PFA's General fund is where the members' subscriptions are accounted for. Other expenditure relates to staff costs, running the offices and administration costs.
PFA Accident Fund
Senior PFA officers and the Management Committee are the main decision makers with regards to the PFA Accident Fund.
This fund provides monies to ensure that all Premier League and Football League contracted players are covered for up to £25,000 each under the PFA's Accident and Sickness Insurance Scheme in the event that they suffer a specific injury or illness which results in their permanent total disability to play professional football. This fund has also ensured that each Premier League and the Football League player has private medical insurance and immediate access to the best possible treatment. It also provides financial assistance to former members towards medical expenses and places at St. George's Park to help members with their recovery from injury.
PFA Enterprises Limited
PFA Enterprises Ltd is controlled by its Board of Directors.
This is the commercial arm of the PFA which looks after the commercial interests of the Association and individual members with numerous business partners providing a range of services including exclusive car deals to financial and legal advice. The Commercial Department also sources player appearances and deals with the Press Association which provides employment for over 120 former members. The PFA Player Management Agency provides an unparalleled individual player representation service using the expertise of our 10 qualified FIFA licensed agents.
The Professional Footballers' Association Charity (Registered Charity Number 1150458)
The Professional Footballers' Association Charity's Trustees are the decision makers with regards to The Professional Footballers' Association Charity.
The Professional Footballers' Association Charity was incorporated with companies house on 8th January 2013, with a company number: 08352024.
Assets from the PFA Benevolent Fund and PFA Educational Fund have been transferred into the The Professional Footballers' Association Charity (30th June 2014).
PFA Benevolent Fund (Registered Charity Number 1056012)
The Benevolent Fund's Trustees are the decision makers with regards to the PFA Benevolent Fund.
This fund provides financial assistance for any member or dependant, past or present, who is facing financial hardship. There is also death benefit payable to the next of kin of any member in the event of his death whilst under contract, up to a maximum of £1million. The fund also provides advice to clubs experiencing financial difficulties in order to keep players in jobs and ensure their wages are paid.
Assets from the PFA Benevolent Fund have now been transferred into the The Professional Footballers' Association Charity (30th June 2014). Once complete PFA Benevolent Fund will be removed from the Central Register of Charities.
PFA Educational Fund (Registered Charity Number 306087)
The Education Fund's Trustees are the decision makers with regards to the PFA Educational Fund.
This fund provides grants for educational and vocational training for current and former members and pays for our own dedicated Education department who provide solid advice to the members. It is very important members think about a career after football and utilise both the financial resources and experience of the PFA's Education department. It also provides funding for the apprentice programme in both the Premier League and the Football League which provides a holistic educational development programme for 16-18 year -old scholars. The fund contributes significant money into community initiatives through the PFA /Premier League Community Fund and the PFA/ Football League Community Fund as well as our own dedicated Community Liaison Department team. The Educational fund supports a number of Charities including the Prince's Trust, anti-racism programmes including Kick It Out and the Sporting Chance Clinic which provides education, assessment and rehabilitation with regard to addiction issues.
Assets from the PFA Educational Fund have now been transferred into the The Professional Footballers' Association Charity (30th June 2014). Once complete PFA Educational Fund will be removed from the Central Register of Charities.