Top 5 Tuesday - Players Who Went Bankrupt

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Today's top 5 is a sad one. It is about players who made millions throughout their career but eventually went broke and in some cases suffering from homelessness.

1- Diego Maradona

This one and the next are probably the easiest ones to know.

Diego Maradona filed for bankruptcy in 2009 after the taxes he was required to pay reached over 50 million. Maradona is perhaps the worst person who capitalize on his fame and fortune, living his life carelessly and living off rich and powerful people gifting him money.

A life of alcohol and drugs and personal problems.

2- Ronaldinho

I have written a post detailing Ronaldinho's decline here before.

In 2018, it was revealed that he has only 5 Sterling Pounds in his bank account. It turned out that he also has a debt of 3 million dollars he wasn't unable to pay. Ronaldinho went from a magical player who made millions love football into a man who couldn't pay his bail when he was arrested in Paraguay.

3- Brad Friedel

Perhaps the saddest one for me personally. Even as an Arsenal supporter I can't help but admire what this ex-Spurs keeper was trying to do.

While the rest blew their income and fame due to personal habits, Friedel started a football academy to help underprivileged people play and develop their football for free.

His only mistake was that he relied on the academy getting sponsors and that would be his way of paying for its cost. It was done in the early 2000s so not many wanted to take the chance on it.

Friedel accumulated debts that went up to 10 million and filed for bankruptcy.

4- Paul Gascoigne

Nicknamed Gazza, Paul Gascoigne was one of the greatest talents produced in the world of football. Anyone who has read up about the history of the Premier League or the English national team must have read his name.

Paul Gascoigne had his demons outside the pitch. Alcoholism, drug abuse, and mental illness have ravaged a player who once was great. He accumulated a lot of debts, his taxes reached up to 400,000 Sterling Pound. All of that has resulted in him filing for bankruptcy twice.

5- Emmanuel Eboué

One of the beautiful spirits who made me love Arsenal, Emmanuel Eboué's story took a tragic turn after making millions in his career.

Suicidal thoughts while living his life in fear of his ex-wife claiming the house he was sleeping in after the divorce.

The tragedy in his story came crashing down at the same time. His grandfather died of cancer, his brother died in an accident, and many more things resulted in the man coming out in saying that only God could help him at that point.

Even his agent sued him and denied him playing for a year. Eboué slept in the street, he also slept in the houses of almost 30 different people at different stages of his life.

The Sad Conclusion

These are all examples of players who didn't know how to manage their fame and success properly. Something that is perhaps should be taught more to players playing currently.



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17 comments
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Only Freidl lost his money for good cause, but still, he should have got a better financial advisor to take care of his fortune.

I heard of Eboue divorce from his wife but never heard of his other tragic event in his life. Poor him

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Yeah, Brad Friedel was trying so hard to make it work. I would have gotten deeper into it if I didn't plan on making these lists shorter.

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Also an arsenal fan. I also feel bad for him, he will definitely never be forgotten.

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Yeah, the last I read about him is that he is coaching in the Academy of Ghalatasaray.

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That's great. I wish him the best in his new pursuit. I believe when he becomes rich again he won't go bankrupt

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That's good to hear. I wish him the very best in his new pursuit. I believe when he becomes rich again he won't go bankrupt

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Great post

I didn't know that about Brad Friedel! It doesn't surprise me that he set up the charity because he's good guy and a model professional but what a shame that it bankrupted him

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Yeah, and it is more painful when you read the full story and how hard he tried to make it work. His heart was definitely in the right place.

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The biggest takeaway for me from this is that when people partake in interests/careers in the public eye it should be mandatory that they undergo psychological training and assessment and that they are mentored on managing everything that wealth and fame will throw at them. I don't think many people can just be ready for it and be expected to handle the pressures successfully without support. So many stories of life rattling off the tracks... it's sad. Haven't read one of your football posts before Amir. Quite a different vibe to the comedy ones. !PIZZA And now a serious question....Can anyone beat you to first spot on PYPT? 😆☄️

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It is a very complicated subject really. It is such a weird place to be in I would imagine since these people are millionaires in their early 20s, I don't believe anyone could be ready for that.

Can anyone beat you to first spot on PYPT? 😆☄️

I imagine it would be hard since it is the only social life I have lol!

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!LOLZ I'm sure it isn't hehe...but if it is then you keep the first spot hehe and keep enjoying PYPT ... can't say I've been very social IRL myself lately. It's been routine every day with kids school runs, working from home, Meals, Hive etc. !PIZZA !ALIVE and the school don't want the kids mixing in the playground after school. So Hive has been my social recently too.

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most people that win the lottery end up more poor and worse off than before they won it! Interesting story friend

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