Jurisdiction(s):
United Kingdom

Key definition

Options definition

What does Options mean? In legal practice, an option is a contractual right, not an obligation, to buy (a call) or sell (a put) an identified underlying (for example shares, commodities or currency) at an agreed strike price either on the expiry date (European-style) or at any time up to expiry (American-style). The holder pays an option premium for this right; key terms include the underlying and quantity, strike, expiry and the settlement method (physical delivery or cash settlement). Options are used to hedge risk, obtain price protection or leverage exposure, and are fundamental in derivatives, corporate finance and remuneration structures. The term is...

Sponsoring under the UK International Sportsperson route: governing body endorsements, Certificates of Sponsorship, points, switching from Visitor, player loans and sponsor duties

Published by a LexisNexis Immigration expert

Practice notes

The International Sportsperson route

This route caters to elite sportspeople and coaches aged 16 or above who meet the following criteria:

are recognised internationally at the highest level; and
whose role will make a significant contribution to advancing their sport at the top level in the UK

Sports players and coaches have few immigration options, as the Skilled Worker, Global Business Mobility and Scale-up routes expressly exclude these occupations. In addition, most other work, investment and study categories contain conditions that forbid employment as a professional sportsperson or coach. In most such routes, dependants are bound by the same restriction.

The International Sportsperson route took effect on 11 October 2021 via the Statement of Changes in immigration rules HC 617, replacing T2 Sportsperson and the sporting limb of T5 (Temporary Worker) Creative or Sporting Worker. Between 1 December 2020 and 10 October 2021, these two routes had been reworked as simplified pathways for the post-Brexit immigration framework; before then, they were known as Tier 2 (Sportsperson) and Tier 5 (Creative and Sporting). Licences held in the predecessor categories were automatically moved to the updated route names on the relevant dates...

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Web page updated on 21/05/2026

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