NikkiCFC 8,357 Posted July 25, 2024 Share Posted July 25, 2024 Sir Mikel OBE and robsblubot 2 Quote Link to comment Share on other sites More sharing options...
Sir Mikel OBE 4,920 Posted July 25, 2024 Share Posted July 25, 2024 9 hours ago, NikkiCFC said: Thats horrific. You always gotta save your money while you are making it. I cant imagine him having to work again, but here we are. Quote Link to comment Share on other sites More sharing options...
NikkiCFC 8,357 Posted July 25, 2024 Share Posted July 25, 2024 1 hour ago, Sir Mikel OBE said: Thats horrific. You always gotta save your money while you are making it. I cant imagine him having to work again, but here we are. How is that even possible? His 5 years long contract with Chelsea was worth over 30m. Don't know how much are taxes. But I think it's impossible that just 2 years later he is broke. Heard he had bad investment in restaurant in Manchester. But could be that he is just working for whatever reason not related to lack of money. Sir Mikel OBE 1 Quote Link to comment Share on other sites More sharing options...
OneMoSalah 8,887 Posted July 25, 2024 Share Posted July 25, 2024 (edited) 20 minutes ago, NikkiCFC said: How is that even possible? His 5 years long contract with Chelsea was worth over 30m. Don't know how much are taxes. But I think it's impossible that just 2 years later he is broke. Heard he had bad investment in restaurant in Manchester. But could be that he is just working for whatever reason not related to lack of money. His contract may of been worth £30m over 5 years but 50-55% of that would be tax and national insurance easily. Not to mention as well theres either a club or PFA private pension which would be a percentage also like any other pension. So £30m over 5 years after taxes etc is say around £2.75-3m a year. Thats a fucking lot of money for the majority of folk - I mean I’d give my left bollock for that - but there is a saying the more money you earn, the more money you spend. On average these footballers will have extravagant houses, housing staff, other properties for their parents/siblings etc, probably have multiple top range/super cars, wives, children, ex girlfriends, mistresses, personal chefs, private school tuitions for their children…. god knows what else but footballers going broke or having to work more normal jobs after football is not that uncommon. I think this is why you see so many doing so much sponsorship work also to give them a bit more security and boost their income also. Edited July 25, 2024 by OneMoSalah Sir Mikel OBE 1 Quote Link to comment Share on other sites More sharing options...
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