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 in 2020. He was even arrested and detained for entering Paraguay with a fake port. 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 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.
In a country like Nigeria where extravagant spending and flashy luxury lifestyle is practiced as if it were a religion, we will never learn however na only 1% go learn.
Bobodee09:
This advise goes especially to married men and men in general.
Don't put yourself under unnecessary pressure or take up loans to maintain a certain lifestyle.
I just lost an area senior bros this morning, the news didn't come as shock cos he has been in the hospital for a while and his BP refused to come down.
He is man in his late 40's married with 4 kids. This man was under alot of pressure to meet end means, he took up too many loans just to maintain his living standards to please his family.
The last time I visited him in general I also checked my BP and it was very high, I was also under pressure myself to meet target.
When I got home I promised myself I wont die young to please anyone.
I will do my best and leave the rest cos at the end no one really care all they want to do is take from you as a man.
Married men enjoy yourself, take care of yourself, buy what you want. You can't be working everyday and be suffering to please your wife and kids.
The men who die young are the ones who always labour and don't take care of themselves, you see men who only provide what they have and take care of themselves they live longer.
We are in this mess together trust me....those people you think are doing better have alot of loans on their neck. So don't let anyone push you by comparing you to them.
If what you provide isnt enough or appreciated tell your wife to also provide or take her leave.
Edygrin: A former governor of Akwa Ibom State, Victor Attah, has expressed the need for Nigeria to draft a new constitution that will be based on conditions unanimously agreed on by all regions of the country.
Popular Social Media Influencer, VeryDarkMan has sworn to campaign for the rumuoured governorship ambition of Seyi Tinubu, son of President Bola Tinubu Should he finally contests the election in 2027.
vanitybutiwanti: I thought you guys were jubilating yesterday. Wike is still warming up to fire a ballistic shot at fubaras camp using the arsenal available to him in Abuja, worse case scenario PDP won't field a candidates in 2027 and its still a win for wike
Brimstone77:
Hi guys,I have been dating this girl for about 5months now.
Two weeks ago,she travelled out of the country,2days before she travelled we had a protected sex,and that day happens to be the last day she's seeing her period, too..
Today she chatted me telling that the company she went to work for did a pregnancy test and it came out positive..
N:B she did a pregnancy test before she travelled and it came out negative..
We had sex (with condoms)on second January this year,and she travelled on 4 January this year,she said the test was done on over there on the 14th..
Right now I don't know what to do,what are the possibilities that she can get pregnant on the last day of her menstrual period and also a protected sex too..
I need your advice please!
s please do the needful!
My brother, you are sure that you have a protective sex with her and the protection wasn't compromised...
1. what prompted you to do the first pregnancy test
that was negative?
2. After knacking, did you check the condom if your semen was inside?
Topman7:
Federal Minister of Works, Dave Umahi, was not a happy man.
He visited one of his numerous federal road projects and was dissatisfied with the quality and pace of work.
So he did what few, if any ministers had done before him.
He physically entered the road being built to show the foreign contractors the RIGHT WAY to build it, threatening that if they fail to follow his exact instructions henceforth, he would cancel their contract immediately and kick them out of the country.
This is the new Nigeria we want to see, and this is the new Nigeria we have.
COMPETENCE is the name of the game today in Nigeria.
If you like, call yourself oyinbo or ''expatriate''. If you don't deliver, we cancel you and kick you out.
IgboGoat:
In reflecting on the hypothetical question of choosing between my mother and my wife, I have come to the conclusion that, in such an unlikely scenario, I would prioritize my mother. This decision stems from a few key observations:
1. Unwavering : Mothers consistently give to their children, regardless of their age or circumstances. For example, when I recently embarked on a challenging journey to pursue my master’s degree, my mother contributed significantly, providing financial of approximately 2 million NGN and foodstuffs for my travel. In contrast, my wife did not contribute to this endeavor but instead focused on financial demands and obligations I needed to fulfill before leaving.
2. Differing Priorities: I have observed that my wife tends to prioritize her family of origin over our household. Her financial contributions often lean toward ing her parents rather than addressing our shared responsibilities at home.
3. Constructive vs. Criticism: A mother’s nurturing nature often involves understanding her child’s weaknesses and helping them grow. Conversely, my wife has been more critical of my shortcomings and has, at times, shared these with her family , which can feel undermining.
4. Unconditional Love: A mother’s love is deeply rooted and unconditional, while affection in marriage often seems conditional, influenced by circumstances or expectations.
These reflections highlight the enduring sacrifices and selflessness of a mother, making her irreplaceable in my life. While this is a personal perspective, it underscores the unique and invaluable bond between a mother and her child.
Share your views
Please tell such woman that you will choose your mum
deluckiest:
For the past 6 years, my wife has been monitoring all my phone lines—MTN, Glo, and Airtel. She screenshots my chats, records my calls, and even gathers proof with pictures. Changing my phone numbers doesn’t help because she says as long as I use my NIN to a SIM, she can still track everything I do, whether openly or secretly, unless she chooses not to.
I want to put an end to this, but I don’t want to get her into trouble with the law.
Has anyone gone through something like this? How did you handle it? Please share your advice.
Let her be gainfully employed in a private firm. Because from what you have said and for her to go to that extent, it clearly shows that she's idle and doesn't have anything going on for her life. Another thing, you have to state it clearly that you're not cool with her monitoring after all, she's not your mother. And if she doesn't want to stop, she should leave the house.
Bookhub:
I have being dating this girl for about 2 months now, though she has made clear to me from the beginning that she is in a serious relationship and she is cool dating both of us, as a guyman I didn't mind as long as she is given me my share but I recently discovered that actually has good qualities, she is industrious and intelligent and infact she spends more time talking to me than her boyfriend, meaning she is just dating the guy out of pity.
I asked her to be bold enough and quit the relationship that I have better future plans for her i am 32 while her boyfriend is 22, I told her I am willing to wife in 3 years time if she stays loyal but the boy of 22 is not even certain about their future together, she has been crying over it since yesterday.
Women are really complicated and tricky if you ask me, this girl! her boyfriend will see her off to the bustop after they are done with class In 1 hour time she will land In my house and stay till evening the boy will think she has gone home, one day she said she will go to the boys house i rebuked her and told her not to go out of jealousy omo she obeyed me and cooked up excuse and never went to the guys house.
Do you think she will let you double date? Pls use your head
The people would always get a leader that they deserve...and until we stop throwing blames and take responsibility, we would keep repeating the same mistake
Palmercole:
About a week ago, I had a fling with a hookup girl and she gave me mouthaction before wearing condom for the main deal but my mind hasn't really been at rest since then cos I notice these little pimples just underneath my dickcap ...
The tiny bumps are not painful or scratches and doesn't cause any discomfort and that's why I've been suspecting that it's Tyson gland (Pimples) but you guys know that any little change in the body after sex usually gets man worried...
So I really need your opinions here especially from the health professionals
Rapmoney:
I have come across many Nigerian men, both young and middle age, who are always in the habit of criticizing young women on social media platforms such as Instagram, Facebook, Tiktok, etc, for exposing their bodies and twerking. The common lines you hear are 'These ones still get parents'?...'Useless girls'...'Ehen, that's the only thing they can offer'...'See them, fish brain'...'Ashawo'...'Olosho', etc.
When you visit the pages of these same women that are constantly being abused, you will be amazed by the number of followers they have. Some of them have millions of followers while others have followers running into hundreds of thousands.
My question is: Who are the people following these women? Are their followers ghosts? You cannot tell me that majority of their followers are women, because the truth is that their twerking and body exposure attract more men than women to their pages! You will criticize publicly but follow them secretly like perverts, in order to be among the first to see their videos, and end up calling men who say the slightest positive thing about these women names like SIMPS and the likes.
This type of hypocrisy is terrible and stinks like rotten eggs! Make una dey try abeg. Stop criticizing the food that you secretly salivate over.
Who are the men following such ladies;
1. Sex starved men
2. Simps
3. Feminine men
4. Noodle-back men
5. Insecure men with plenty money
Kemetian:
Lagos is now officially a WORLD CLASS TOURIST AND ENTERTAINMENT DESTINATION.
The iconic Time Out magazine read for generations by millions of western fun-seekers, has now ranked Lagos 6TH in the world in of NIGHTLIFE, beating cities like London, New York, Los Angeles, Nairobi, Cape Town, Johannesburg, Paris, and others, including Accra, who came in at a distant 10th.
Vintage94:
I kissed and had sex and now I have red bumps on my tongue and my tongue is whitish as well. My penis is paining me and the cap looks different. The painful part is I have been celibate my entire life.
I have done HIV test and it is not HIV. I also did a urine test and they said I had staphylococcus aureus which I treated.
Omalicious1: 4:43pm On Jan 18
