Gabson006:
It all boils down to indiscipline

www.nairaland.com/attachments/11628543_202005291934340000_jpeg2191cc7823f0aa9bf4241ce7bff9e097

You are more than correct

Flyingngel:
What a life.
Money is like a river, it flows in and if not carefully manage, it flow out the same way.

sure bro.. so mysterious

paulolee:
jus too bad....d worst tin in life ia getting this money and falling back to poverty again...azin u go kum de visit or trek down d roads wey u bin dey use machine burst enter...e jus too bad....e better mk person die broke n poor dan to taste dis rich life n drop back to poor again...no wonder erigga said I rather die than to go back warri go de trek..its jus too bahd and the depression one would face fit even end up with suicide..
Still on #the matter...hear say one bros send him cousin emeka £5000 to stand better mansion for am for village since last year july, as lockdown finish d bros enta naija this morning and ask emeka to go show am the mansion...na emeka be dt ontop d mansion...na d matter we de try settle since morning under rain, d.p.o de here with village head n even dibia follow join come to settle the matter, we don beg d bros tire n him no gree o, d bros get strong heart oo, he say emeka must dieee, him don already dey dig emeka grave self...

lolxxxxx hahahaha wu com involve dibia for d case kwanu

Wetin u want invest with 1_million naira? That will not make you broke again in life!

stevmatt15:

Exactly, I wonder how they squandered their money
If not only women, cars and buildings, tell me what else would have exhausted their wealth. Just 1milion naira, and I will never be broke in my life again.

Pls do a thread of those who made it back to winning ways and how they did it, so people can learn. Loads of persons are presently struggling debts and that might help them come back.

I acknowledge that this thread sorta gives them hope that they are not alone. @op

ArcSEMPECJ:
I can now see why Messi and Rinaldo are rather keeping girlfriends than marrying them incase of a divorce.....

Messi is married

♨️♨️♨️ ♨️♨️♨️GAMBLING?♨️♨️♨️ GAMBLING ♨️♨️♨️♨️♨️❌❌❌❌❌❌❌♨️♨️♨️♨️♨️♨️

Wolgrace:


Not all heroes lose it all, only some does. They file for bankruptcy through personal attorney or legal adviser to the court for approval, as there is no external investigator to ascertain the claim. It is even illegal doing so, unless the government or banks or taxing institution files for probe to either stop the bankruptcy filling or sue afterwards. Advocates are good in their job, all for earnings as usual.

Many players fake it to wave off unpaid debts or tax. Whites are not angels as widely potrays in the medias. They are loopers too!

/
You answered your own questions. It is not a walk in the park.

Don't forget that some of those individuals incorporated themselves. What bankruptcy did they file? Chapter 7, 11 or 13?

You only made a general statement without details.

/

mofedamijo:


50 CENT DID DECLARE BANKRUPTCY.........few weeks later he bought 3 power machines. Anyone can declare they are bankrupt with the help of a good lawyer.

/
You are just ignorant.

50 Cents filed for Chapter 11 bankruptcy.

Read up on Chapter 7, Chapter 11 and Chapter 13 bankruptcy.

I cannot spoon-feed you.

/

KingAzubuike:
Top of the list should be Adriano. That Brazilian striker that was a mix of Carlos and Ronaldo R9. Kid had all the potentials but women , alcohol and parties killed his career. He's now a gang member .

Adriano's downfall was so painful to watch and Balotelli seems to be heading in that direction too with his hot headedness and irrational thought processes.

[s]Rafoski:
You plan to be a footballer at this age? [/s]

You are stupid
Next time don't quote me since you don't have senses

ogbonti:




guy shorrop - u neva touch bah - u de come yan opt

when you touch correct bah - na different spirit dey move u - hmmmmm

the first time i saw 100k USD of my own money - resting in my savings account - i no see sleep for 3 days - FACT!

but with time you get use to it and start getting prudent with much financial education and self control- it is not easy, i must confess.

Thank you, av learnt one or two things from your sentences, thank you once again

Its a chronic lie... Dos guys are still damn rich abeg....
Keep giving factless,faceless and baseless misleading news.

crazygod:
What about Adriano of Brazil?

there were so many stars in those days

obembet:

See? We support the same team. We are destined to be together.

nonny400:
Waiting for Righteousness89 to come and spam the thread with vanity upon vanity talks..

We like the spam. Righteousness89 keep it up, the spiritual mafis are against you. Righteousness89 fire on

When you're making your millions try and plan for tomorrow

Self Discipline Counts

Gambling and betting are the main causes of their penury.... all this can't take anybody anywhere .......may God help us to Lay hands on some good things not gamble....

jacoik:
lolxxxxx hahahaha wu com involve dibia for d case kwanu

D mattee bin pass us na...we call am to help us join beg bros oo

Flyingngel:
What a life.
Money is like a river, it flows in and if not carefully manage, it flow out thre same way.

Money is like a pistol or a grenade ,if you don't handle it properly,it will blow up and hmm ,,in pieces

OKTolu:
When you're making your millions try and plan for tomorrow

While making million at a very young age ,we forget old age easily , forgetting, money is more sweet at old age ,,,30 years God made u a millionaire ,and all you can think of is buying the lastest camery and packing it in rent ,single investment you don't have ,your latest girlfriend are all club girls( or let me be raw ) prostitute ....

No vex if your children ask you 30 years later daddy why you broke or why are we poor ,,,no matter the kin swear way u swear for the pikin it will only affect you when u recanate back on earth

dominique:


Messi is married

He is married but some do it in such a way that ,he and the lady sign a document ,of if divorce should occur ,the lady has no right to his asset ,,,,and if na love the woman come for ,she go sign ,but a gold digger will run away quickly ,,,

Same thing happened to Elon musk ,na God save am ,
If ur babe say na court marriage she want ,no fear just go court tell them you prefer the law paper of if divorce should occur ,she has no hand in your assets .....

How man go huslte finish,one woman go say marriage don tire her ,she day find asset to pack

Most of this footballers came from a poor family, they have poverty and poor man mentality. Even if they get all the money back they will still go broke.

Asamoa Gyan? When to when?

obembet:
Here we run you through the tales of players who went from riches to rags

SunSport takes a look back at the high-profile stars who blew their millions on booze, bets and.. football academies.

RONALDINHO
Brazil's legendary skillster was reported to have just £5 in his bank account last month while still owing debts of up to £1.75million.

Ronaldinho was heavily fined for illegal construction in a protected area in Brazil.

Despite remortgaging his property, the former Barcelona star was still unable to cover the debts which saw a judge order for Ronaldinho's passport to be seized.

DAVID JAMES
Despite earning an estimated £20million from his career, the former England No1 declared himself bankrupt in 2014.

As well as a lucrative career at Prem clubs like Liverpool and Man City, James had modelled for Armani and owned multiple properties.

But a costly divorce in 2005 saw debts start racking up and courts instructed James to sell off his sports memorabilia, DJ equipment and a Vauxhall Astra van.

DIEGO MARADONA
He was named FIFA's Player of the Century and then went bust.

Argentina icon Maradona twice broke the world record for transfers but in 2009 had to file for bankruptcy.

The Italian Tax Authority demanded he pay back £42million worth of unpaid taxes from his time playing for Napoli in the 1980s.

PAUL MERSON
Gambling, booze and drugs saw the Arsenal legend blow a staggering £7million fortune.

The former midfielder has recovered and works as a regular pundit for Sky Sports, but he once considered breaking his fingers to prevent him from phoning the bookies.

Merson went broke after cashing in on his £800,000 pension to allow him to go on a betting frenzy.

JOHN ARNE RIISE
Two years after winning the Champions League with Liverpool, the defender was listed as bankrupt.

Norwegian left-back Riise was just 26 at the time and was believed to be earning £50,000-a-week at Anfield.

But an unpaid debt of around £100,000 was reportedly linked to an alleged £3m fraud investigation in Norway and Riise was declared bankrupt.

ERIC DJEMBA-DJEMBA
Having played alongside Cristiano Ronaldo and Ryan Giggs at Man United, Djemba-Djemba was declared bankrupt four years after moving to Aston Villa.

The Cameroonian midfielder spent time at St Mirren and in the Indian Super League to recover funds.

Djemba-Djemba is now playing in front of 88 fans in the Swiss fifth tier.

BRAD FRIEDEL
Ambitious plans to build a football academy in the United States blew up in the American's face.

Former Tottenham and Aston Villa goalkeeper Friedel reportedly owed £5million and repossession proceedings began on his £260,000 house.

This was despite the current head coach of MLS team New England Revolution then earning £50,000-a-week at Villa Park.

LEE HENDRIE
Depression and a gambling addiction saw one-cap England player Hendrie go broke.

Despite earning in excess of £30,000-a-week while at Aston Villa, the former midfielder was declared bankrupt in January 2012 as he faced huge debts and repossessions.

Hendrie has revealed he tried to take his own life "five or six times" after going bankrupt and now works as an ambassador for mental health organisation Young Minds.

KEITH GILLESPIE
An addiction to gambling saw Man United product Keith Gillespie blow more than £7.2million.

After a career that saw him take Newcastle United to the Champions League and play 80 times for Northern Ireland, the midfielder was declared broke in 2010 at the age of 35.

In an interview with the Guardian, he said: "I lost an awful lot of money through gambling over the years, but I also lost money on property and got involved in a film scheme like a lot of footballers did."

PAUL GASCOIGNE
Gazza managed to avoid bankruptcy in 2016 despite facing a £42,000 bill of unpaid taxes to HMRC.

But the England hero went through a troubled patch which saw him reportedly in debts of up to £200,000.

Gascoigne has struggled with depression and substance abuse.

Paul Gascoigne in court - Ex-England, Newcastle United and Spurs footballer pleads not guilty to sexual assault after incident on train

CELESTINE BABAYARO
Babayaro was the popular left-back at Chelsea and Newcastle United.

Marauding up and down the left wing at Stamford Bridge and St. James' Park in the noughties, the Nigerian picked up a healthy pay packet.

But by January 2011 the defender was declared bankrupt on the public record of the London Gazette.

ASAMOAH GYAN
The former Sunderland striker used to drive around in a Rolls-Royce but was recently claimed to have just £600 in his bank account whilst being unable to provide for his family.

Gyan who was reportedly earning £227,000-a-week at Shanghai SIPG, bizarrely seems to have lost all his money amid a fallout with his family.

Source: https://www.thesun.co.uk/sport/football/8073793/10-football-stars-broke-lost-fortune-ronaldinho-paul-merson-lee-hendrie/amp/

I might believe believe on other ex players but that of Asamoa gyang and Ronaldinho na fat lie!

No matter how broke they are, they can't be as poor as the owner of Nairaland (Lalasticlala

KingAzubuike:
Top of the list should be Adriano. That Brazilian striker that was a mix of Carlos and Ronaldo R9. Kid had all the potentials but women , alcohol and parties killed his career. He's now a gang member .

adriano is never broke.i follow him on instagram...he is still very rich nd still gives out palliatives to his people.jst that he is a street boy.check him out nd let me knw if he is poor

Naa who get shoe no where it pains?

I remember d day l lost 900 Cypriot pound which is equivalent to 640, 450naira at casino here in Paphos, Cyprus.

I almost commit suicide, thanks to all Nigerian friends dat all comes daily from Limassol.

kizyalex10:
adriano is never broke.i follow him on instagram...he is still very rich nd still gives out palliatives to his people.jst that he is a street boy.check him out nd let me knw if he is poor

Lol this one dey judge people with Instagram pictures. No wonder you salivate over alot of fake lives out there.

SexytorresE:
but I’m here I love soccer . I play , bet and watch . Most time I and my sister will be the only ladies at the viewing center arguing with guys . I just miss that part in this pandemic :- I even miss the trolls against United . I miss jubilation got and hugging who u don’t even knw , football is my life . I don’t mind starving myself just to go watch matches

hmm just like me.

that's hardcore. someone when you are coming from bet store, you don't have to lie.
someone who can control betting and not use more than the amount mapped out for betting.
someone you can go to viewing center with.
I too don't eat. not necessarily starving myself, but with football (Manchester united) I'll forget that I haven't eaten

holla at me sometime

mytime24:
Wilson oruma

oruma own na failed business, not that he was a reckless spender