football news round up

[jazzypom]

Comments

[marsyke]

Interesting post as always. There is an interesting article in the flemish press today. They did a survey of 102 football players in belgium. They had an average netto monthly income of 8670 euros without bonusses. Lowest 750, the highest 36000. One in four! Reports having financial problems. Reasons: spending too much, bad financial investmenfs because of bad financial advice and gambling.

[lied_ohne_worte]

I can believe that. I read that 25 percent of German professional players are broke after ending their career. Only ten percent are set financially for life. And of course many of them haven't learned anything else and find it surprisingly difficult to earn a living. That's one reason why there was a lot of criticism when Schalke advised Julian Draxler to quit school even though he would have had the ability to do his Abitur.

[marsyke]

That's all very true. It's a shame tbh. Justine Henin for example also lost half of her money after a divorce and bad investments.
But it's not that surprising if you see that they sign a new contract that is kinda okay and they buy a new expensive car. Lack of education is also a problem. And the shady figures that become suddenly quite interested in you when you make a lot of money and don't know what to do with it.

A massive problem is that those players are easy targets for match-fixing people.

I think that clubs should protect these youngsters better. For example in Anderlecht, they can suspend you if your grades aren't good. But they should also make sure that the players get good financial advice so that they don't spend everything on friends, parties and expensive clothing.

[mrscrapbag]

yup. that's why i admire crispy for being able to take advantage of his own image while he's still young and in demand.

[marsyke]

exactly.
A career is short so not many will be able to provide for themselves until they are 90-years-old with the money they make now.
Just recently former PSV and Belgian player talked about how he got addicted to gamblling after his career and lost the millions he made and his marriage.
It's a sad story.