Professional football player in the Premier League is abundant wealth, but also easily broke. At least in the UK, there are reports that three out of five Premier League players go broke after retiring in the next five years. The average Premier League players paid 30,000 pounds a week. That includes income luxury, not to mention bonuses and advertising revenue or other.
However, on the other hand, the Premier League players are also easily trapped bermewah-the luxury lifestyle and hedonistic. Moreover, most of them are less successful when investing money in the business.
This often makes them go bankrupt as retirement, due to the culture shock. Players are initially easy to get money, suddenly had to work in other areas to maintain income and lifestyle. Often, they lack expertise in areas other than football.
This fact was revealed by the charity football XPro report. These institutions have the data 30,000 retired players from all leagues in England. It is also mentioned, one of three players in the Premier League divorced 12 months after retirement.
Some examples of these players Brad Friedel bankrupt. Former Tottenham Hotspur goalkeeper is in debt of 5 million pounds for building a football academy in the United States.
While the former Aston Villa player Lee Hendrie, debt 200,000 (approximately USD 2.9 mylar) to the tax office. Fulham's John Arne Riise, and former Manchester United player, Keith Gillespie and Eric Djemba-Djemba, also had financial problems. While the former Blackburn Rovers and Scotland captain Colin Hendry, also filed for bankruptcy in 2010.
XPro Executive Chairman, Geoff Scott who played at Stoke City, leicester, and Birmingham said, "Our data shows, three of the five players go bankrupt within five years.'s Also something to do with the data of the three players were divorced within 12 months after retirement . "
"Often, they received advice from the wrong people. Before realizing it, their assets have been exhausted. This seem odd, but it actually happened," said Scott.
Experts say about bankruptcy, a number of former football players who became confused because their clients are not getting salary after retirement. One expert on bankruptcy of RSM Tenon, Mark Sands said, "Although the players got a big salary, but their lifestyle and often high-risk investments."
"When his career is over, they have no alternative income and their income immediately dropped drastically. As such, their lifestyle has not changed. Pension, income declines, investment losses, and high debt to buy a house to be a combination that makes them fell and broke , "he explained.
However, on the other hand, the Premier League players are also easily trapped bermewah-the luxury lifestyle and hedonistic. Moreover, most of them are less successful when investing money in the business.
This often makes them go bankrupt as retirement, due to the culture shock. Players are initially easy to get money, suddenly had to work in other areas to maintain income and lifestyle. Often, they lack expertise in areas other than football.
This fact was revealed by the charity football XPro report. These institutions have the data 30,000 retired players from all leagues in England. It is also mentioned, one of three players in the Premier League divorced 12 months after retirement.
Some examples of these players Brad Friedel bankrupt. Former Tottenham Hotspur goalkeeper is in debt of 5 million pounds for building a football academy in the United States.
While the former Aston Villa player Lee Hendrie, debt 200,000 (approximately USD 2.9 mylar) to the tax office. Fulham's John Arne Riise, and former Manchester United player, Keith Gillespie and Eric Djemba-Djemba, also had financial problems. While the former Blackburn Rovers and Scotland captain Colin Hendry, also filed for bankruptcy in 2010.
XPro Executive Chairman, Geoff Scott who played at Stoke City, leicester, and Birmingham said, "Our data shows, three of the five players go bankrupt within five years.'s Also something to do with the data of the three players were divorced within 12 months after retirement . "
"Often, they received advice from the wrong people. Before realizing it, their assets have been exhausted. This seem odd, but it actually happened," said Scott.
Experts say about bankruptcy, a number of former football players who became confused because their clients are not getting salary after retirement. One expert on bankruptcy of RSM Tenon, Mark Sands said, "Although the players got a big salary, but their lifestyle and often high-risk investments."
"When his career is over, they have no alternative income and their income immediately dropped drastically. As such, their lifestyle has not changed. Pension, income declines, investment losses, and high debt to buy a house to be a combination that makes them fell and broke , "he explained.
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