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Players Who Went From Rags To Riches & Back Again - Sports (4) - Nairaland

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Re: Players Who Went From Rags To Riches & Back Again by mofedamijo(m): 10:26pm On May 29, 2020
InvertedHammer:

/
You don't declare bankrupt. The court decides that. The problem is that some people cannot believe that their heroes could lose it all.

/

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.

8 Likes 1 Share

Re: Players Who Went From Rags To Riches & Back Again by Akanoaaa(m): 10:27pm On May 29, 2020
What about Emmanuel Ebue? The list plenty jor.
Re: Players Who Went From Rags To Riches & Back Again by Investnow2017: 10:28pm On May 29, 2020
InvertedHammer:

/
You don't declare bankrupt. The court decides that. The problem is that some people cannot believe that their heroes could lose it all.

/

You have said it all.
Re: Players Who Went From Rags To Riches & Back Again by mceze(m): 10:29pm On May 29, 2020
Agboola321:
Financial discipline is not really an easy feat. Hopefully they will recover

They can never recover!
Re: Players Who Went From Rags To Riches & Back Again by guy222: 10:31pm On May 29, 2020
We need more football post like this in order to forget about some people in a particular region killing themself because of mango and twins killing one another because of a girl or brother stabing brother because of ordinary drink or son fighting his father because of upkeeps,
Re: Players Who Went From Rags To Riches & Back Again by elpochas: 10:31pm On May 29, 2020
Makes me remember the lyrics of viva la diva by cold play.imagine sweeping the streets you once ruled.
Re: Players Who Went From Rags To Riches & Back Again by etrange: 10:33pm On May 29, 2020
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.

For some reasons, I found your comment touching. But trust me, you could still be broke even after having 20m in your account. You'd be surprised it won't even be any of the things you mentioned. It takes a single bad decision for everything to start spiraling down. But that's not your portion!

13 Likes 1 Share

Re: Players Who Went From Rags To Riches & Back Again by Vokians(m): 10:33pm On May 29, 2020
The white man have a way of giving to you heavily and taking from you heavily as well.

1 Like

Re: Players Who Went From Rags To Riches & Back Again by ArchyDesmond(m): 10:35pm On May 29, 2020
Lol.....see argument :-)


Meanwhile...guys ... If you need classic architectural designs for your proposed building project .... Don't hesitate to hit me up. ...check my signature...!!

Re: Players Who Went From Rags To Riches & Back Again by Nobody: 10:35pm On May 29, 2020
Even if our own obodo Nigeria they are plenty.Its better to die poor than to taste wealth from poverty and go back to the life you once hated.
Re: Players Who Went From Rags To Riches & Back Again by jagorinho: 10:38pm On May 29, 2020
The inclusion of asamoah gyan on this list is an unpardonable error, the money he made in Al-Ain is enough to curb the greed of an average black man for life, he even said in one of his interviews “I enjoyed playing at Al Ain, I stayed for four seasons, and it changed my life financially forever.”
Gyan is not broke.
Re: Players Who Went From Rags To Riches & Back Again by Nobody: 10:38pm On May 29, 2020
InvertedHammer:

/
You don't declare bankrupt. The court decides that. The problem is that some people cannot believe that their heroes could lose it all.

/

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!

5 Likes

Re: Players Who Went From Rags To Riches & Back Again by ghiloman28(m): 10:39pm On May 29, 2020
Omo I won cry that day only africa he con still Bleep up.
Slawormir:
Damnnnnn niggarrr
Isoright

I nor surprised for that asamoah gyan brokeness

That 2010 penalty way he miss alone against Uruguay
Supposed make am poor

The insult way he receive too many
Re: Players Who Went From Rags To Riches & Back Again by Nobody: 10:41pm On May 29, 2020
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.

1million

1million naira or dollars?

3 Likes 1 Share

Re: Players Who Went From Rags To Riches & Back Again by lugo99(m): 10:42pm On May 29, 2020
Eboue, Adriano, K.P. Boateng, Robinho, Xavier, Sodje's Family,
Re: Players Who Went From Rags To Riches & Back Again by JBoss25(m): 10:43pm On May 29, 2020
Fame and poverty, that's just the worst combo ever
Re: Players Who Went From Rags To Riches & Back Again by freethinker01: 10:43pm On May 29, 2020
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 .
He never forget his source grin grin, heard that's where he came from
Re: Players Who Went From Rags To Riches & Back Again by UndissolvedMeta(m): 10:49pm On May 29, 2020
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.


Haaa Bro,1m ke, I think that is too small ooo with Niger area present economy ?

1 Like

Re: Players Who Went From Rags To Riches & Back Again by SamuelLoch: 10:53pm On May 29, 2020
I blame it on their financial advisor.
Probably, their moved their cash into a liquid market, to cut down taxes.
In finance, declaring bankruptcy or selling 1 of your many mansions does not totally mean you're broke, it could be a move to get IRS and some other agencies off your track.

3 Likes

Re: Players Who Went From Rags To Riches & Back Again by Olarewaju89: 10:54pm On May 29, 2020
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/



This lady loves sport sha. grin pls, which club do you support?
Re: Players Who Went From Rags To Riches & Back Again by Nobody: 10:54pm On May 29, 2020
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.
Even if you are earning it per week if there's financial Indiscipline you'll find yourself begging someone that's even in debts.

2 Likes

Re: Players Who Went From Rags To Riches & Back Again by dejavuh0007(m): 10:54pm On May 29, 2020
What about former Arsenal player; Eboue? His is the most tragic. Dude is broke and has HIV.
Re: Players Who Went From Rags To Riches & Back Again by obembet(f): 10:58pm On May 29, 2020
Olarewaju89:



This lady loves sport sha. grin pls, which club do you support?

Re: Players Who Went From Rags To Riches & Back Again by executive12: 10:59pm On May 29, 2020
JOHNSONSOLAFUNMI:
Declaring bankruptcy doesn’t mean they’re broke or in abject poverty, it’s just a way to avoid paying taxes

Not exactly correct. It means that their debts are more than their assets. They cannot pay their debt. They are broke.
Re: Players Who Went From Rags To Riches & Back Again by Halo22: 11:05pm On May 29, 2020
The point about money is that it is mostly like liquid, it flows in and out. But most of them were extravagant shaa and as such, couldn't make little investment or philanthropic contribution. I don't think C-Ronaldo can ever be poor, courtesy of his large heart towards helping the poor. Try that, it doesn't fail cos most great men have attested to that.

1 Like

Re: Players Who Went From Rags To Riches & Back Again by Donpruddy(f): 11:05pm On May 29, 2020
Who said Gyan is broke, lol someone who is constructing a road for the community where he stays.

I nor surprised for that asamoah gyan brokeness

That 2010 penalty way he miss alone against Uruguay
Supposed make am poor

The insult way he receive too many[/quote]

2 Likes

Re: Players Who Went From Rags To Riches & Back Again by Rafoski: 11:06pm On May 29, 2020
SILVERLINES:
cheesy

This not funny

I pray we never find ourselves in such situations.

Amen
You plan to be a footballer at this age?
Re: Players Who Went From Rags To Riches & Back Again by Sweetcho: 11:06pm On May 29, 2020
Add to the list Charlton Cole and Emmanuel Eboue
Re: Players Who Went From Rags To Riches & Back Again by Olarewaju89: 11:07pm On May 29, 2020
obembet:



So you are my wife in sport area grin grin grin

I'm joking ooo. Pls don't take it serious. Thanks

1 Like

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