Ending our footballers’ financial misfortune
A comprehensive financial advisory system for discretionary savings is needed to solve the problem of SA professional footballers retiring broke
In the aftermath of last weekend’s Uefa Champions League final a forlorn Sergio Aguero bid adieu to his decade-long spell at a club where he had become a legend. Yet his lack of silverware at the highest echelon of European football is merely a symbolic defeat, especially when one considers the amount of silver in his pocket. With a reported salary of £1m (R19.5m) per month, the bitter taste of defeat is unlikely to last long.
The same cannot be said for Aguero’s footballing peers outside the pristine fields of the top European leagues. The class distinction becomes clear when one considers the financial chasm that separates international players compared with SA players...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.