₦airaland Forum

Obafemi almost ran bankrupt, if not for friends that helped advice him, he has drastically reduced clubbing and buy new cars.

Asamoah Gyan is rich ooo. Don't mind what he told the court . Go to Ghana and see his investments in real estates and hotels

ednut1:
I watched a show around 2003-2004 about Nigerian footballers house and lifestyle. Babangida shower his wardrobe and said he wears his designer boxers once and throws away. I bet now buy normal ones and rewash 😂

wilsom oruma, ifeanyi udeze, babangida etc are also now broke e no easy

I think that show aired on Galaxytv. Players glam or something...

AllBlack:
Read well, many of them went down due to investment that turned out sour. This can happen to anybody.

Investment in punna..

imustsaymymindo:
I think that show aired on Galaxytv. Players glam or something...

cant remember. I watched Babayaro and Osaze. Osaze was at lille then staying in an apartment .

Some are not true.

Wealthoptulent:
Na only Eboue own pained me, as e go sign Documents to bequeath his sweat asset to a 🐈.. na why I no dey discuss, sign or promise when I no NORMAL, either na jogo, jogodo or asleep or during kplẹkplẹ kplẹ (gbenshing).
As a married man I don't encourage my wife for Midnight settlement any thing u wan apologosie or discuss make e be DAY LIGHT, MIDNIGHT as always bn Evil from Bible days: “While men slept, his enemy came and sowed tares among the wheat” Matt: 13 vs 24
So if I no fit use midnight sow tares in her punana wheat, make all matter turn DAY LIGHT

E go be like that na. When you are stupid, you are stupid. No other way to call it. You see an African... Once he makes small change like this, they rush to marry white woman, not even the reasonable ones but the models and super models. How will you not sign out your life to that person. You don carry wetin pass you na.

All of them are senseless black foolfu

Mervingreat:
The Emmanuel Eboue case is the most foolish downfall in the entire Universe for him to offloded his entire contract cash in his wife account, bruv that foolishness is number 1 in the world.

Another banger loading is that Emmanuel Adebayor his case wil soon liters social media from his free fall soon.

Emmanuel Adebayor don come Africa teeh teeh. He’s already living with his family in peace o.

TechCapon:

Ebue story is an embodiment of foolishness and mumuness.. Pathetic idiot bastard

hehehehe

Gambling. Many of these gambled and became poor.

Some of these guys will declare bankruptcy for a reason

/
If folks like Victor Ikpeba and John Fashanu could fade into oblivion, nobody is spared. The duo lived like that printed money in their days.

/

datola:
Yourubas say: owo t'omode.. ba koko.. ri.. akara.. lo.. fi n je

Translated: the first money made by a child is used to buy akara.

A very wicked parable.

[quote author=Ringstonermasks post=133770229][/quote]The picture you posted was a Google search of 2018... 7 years ago!

Akinpedia:
The glamorous world of professional football often paints a picture of immense wealth and luxury.

However, the reality for many players is a stark contrast, with financial mismanagement, extravagant lifestyles, and unforeseen circumstances leading to devastating financial ruin.

This thread explores the unfortunate cases of several high-profile footballers who, despite earning millions, found themselves facing bankruptcy and financial hardship.

Ronaldinho Gaúcho: The Brazilian magician, once a global icon, was shockingly found to have only €5 in his bank account in 2020. He was even arrested and detained for entering Paraguay with a fake passport. This incident highlighted a pattern of financial mismanagement and alleged fraud.

Taribo West: The flamboyant Nigerian defender, known for his eccentric hairstyles, amassed considerable wealth during his career with top European clubs. However, he reportedly lost millions through ill-advised investments and extravagant spending. He has since embraced a new life as a pastor.

Celestine Babayaro: The former Chelsea and Newcastle left-back faced severe financial difficulties in 2011, with creditors relentlessly pursuing him for unpaid debts. This situation serves as a stark reminder of the precarious financial situations many footballers face after retirement.

Eric Djemba Djemba: The former Manchester United midfielder declared bankruptcy in 2007. Despite earning significant sums, he struggled to manage his finances, with numerous loans and extravagant spending draining his resources.

John Arne Riise: The Norwegian full-back, known for his powerful left foot, also faced bankruptcy in 2007 due to failed business ventures, including a hotel. This highlights the risks associated with diversifying investments outside of football.

Diego Maradona: The legendary Argentine, arguably one of the greatest footballers of all time, faced bankruptcy in 2009 due to significant unpaid taxes from his time at Napoli. This case underscores the importance of sound financial planning and tax management.

David James: The former England goalkeeper experienced a dramatic fall from grace, losing much of his fortune after a divorce. He was forced to auction off personal belongings to make ends meet, a humbling experience for a player who once enjoyed a life of luxury.

Royston Drenthe: The former Real Madrid winger filed for bankruptcy in 2022, revealing staggering losses of over £3.2 million. His story serves as a cautionary tale about the dangers of impulsive spending and poor financial decisions.

Asamoah Gyan: The Ghanaian striker, once one of Africa's highest-paid footballers, declared he had only £600 in his bank account during a divorce proceeding. He also faced challenges due to assets being held in his brother's name, complicating the financial settlement.

Emmanuel Eboue: The former Arsenal and Galatasaray defender suffered a tragic fall from grace. He lost all his assets to his wife after a divorce, as he unknowingly signed documents that transferred ownership to her. This heartbreaking case highlights the importance of legal and financial counsel when navigating personal and marital matters.

Lessons to be Learned:

These cases underscore the importance of:

Financial education and literacy: Players need access to quality financial advice and education to make informed decisions about their earnings.

Sound financial planning and management: Diversification of investments, prudent spending habits, and tax planning are crucial for long-term financial security.

Professional financial guidance: Engaging with qualified financial advisors can help players navigate complex financial situations and make informed investment decisions.

Protecting assets and income: Players should ensure their assets are properly protected and that they have adequate insurance coverage.

While these cases highlight the unfortunate realities faced by some footballers, they also serve as valuable lessons for aspiring and current players.

By prioritizing financial education and making informed decisions, players can safeguard their future and avoid the pitfalls that have led to financial ruin for others.

Disclaimer: This post is for informational purposes only and should not be considered financial advice.

Taribo isn't bankrupt. He never begged for once, he retired n started a church

Read again!

Taribo West: The flamboyant Nigerian defender, known for his eccentric hairstyles, amassed considerable wealth during his career with top European clubs. However, he reportedly lost millions through ill-advised investments and extravagant spending. He has since embraced a new life as a pastor.

femi4:
Taribo isn't bankrupt. He never begged for once, he retired n started a church

Akinpedia:
Read again!

Taribo West: The flamboyant Nigerian defender, known for his eccentric hairstyles, amassed considerable wealth during his career with top European clubs. However, he reportedly lost millions through ill-advised investments and extravagant spending. He has since embraced a new life as a pastor.

He lost money isn't equal to bankruptcy. We lose money to businesses everyday

puremaker7:
Most of these listed players have already disputed this claims that they slipped into poverty..

Of course? Intact that Asamoah Gyan story is a ruse.
The guy is really really bubbling.
He used that to divert attention .

Eboue no go school.Na wetin kill am be dat,, illiteracy.

Wealthoptulent:
Na only Eboue own pained me, as e go sign Documents to bequeath his sweat asset to a 🐈.. na why I no dey discuss, sign or promise when I no NORMAL, either na jogo, jogodo or asleep or during kplẹkplẹ kplẹ (gbenshing).
As a married man I don't encourage my wife for Midnight settlement any thing u wan apologosie or discuss make e be DAY LIGHT, MIDNIGHT as always bn Evil from Bible days: “While men slept, his enemy came and sowed tares among the wheat” Matt: 13 vs 24
So if I no fit use midnight sow tares in her punana wheat, make all matter turn DAY LIGHT

Softmirror:
These are not factual. They are social media tales by moon light.

prove it ...

AllBlack:
Read well, many of them went down due to investment that turned out sour. This can happen to anybody.

the ones that went down through divorce should be flogged hard .

Bahamas95:
Na the ones wey go bankrupt after divorce nai pain pass. This is why Hakimi will always remain a legend.


Woman wey nor know when you start to play ball go follow you share money after divorce......Chai, Uwa di egwu!

once you marry woman fo obodo oyinbo, the clause don dey there automatically..

So if divorce comes up like this , na 50% of your asset naim comot go the woman hand oo