The former Manchester United forward Louis Saha shared with the newsmen what he called “Life After Football”.
He explained that it is crystal clear that footballers make a lot of money, meanwhile, many footballers have forgotten that away from the glitzy, glamorous lifestyle, the reality for many players after retirement is just a new world.
Many footballers find it rather challenging as financial issues could be lurking around the corner after few years.
He noted that the path to bankruptcy for many is often complicated but a pattern can be traced, he believes it is rarely due to a failed business, but is frequently down to over-spending, poor investment choices and a failure to keep the taxman tuned.
The former France international spoke further that the combination of young and rich has an allure for those wishing to sell investments that pay a huge margin, be it investments that dubiously promise to reduce tax bills or simply property that is wildly over-priced. Read more