HOME | |

Friedel, Riise and other footballers that have gone bankrupt

Neil Walsh looks at well-paid stars who have suffered financial pitfalls

Friedel, Riise and other footballers that have gone bankrupt
Author image
Raf Diallo
11:12 Sunday 14 April 2013

Earlier this week, Ger interviewed Simon Kuper of the Financial Times about the large number of ex-professionals that file for bankruptcy shortly after they retire from the game.

Financial mismanagement, unscrupulous advisors and gambling issues are often major causes of the problem.

Neil Walsh looks at the reasons why five current and former Premier League players have been forced to declare bankruptcy...

 

Lee Hendrie

Lee Hendrie, now 35, was once considered one of the top up-and-coming midfielders and was heavily tipped for a big career. Despite some solid displays in a Villa jersey, the big career that was expected never really materialised. Now seven years after his last appearance for Aston Villa, he is playing football in the conference, bankrupt and has tried to take his own life on two occasions.

Brad Friedel

The Tottenham keeper, who is now second choice behind Hugo Lloris, found himself in a spot of bother while playing for Aston Villa after being declared bankrupt back in 2011. The mounting debts, which added up to a hefty £5 million, were a result of the purchase of a 28 acre Premier Soccer Academy which he insisted he was not making money off.

John Arne Riise

The ex Liverpool man, who currently plays his trade at Craven Cottage with Fulham, was declared bankrupt bank in 2007. The bankruptcy order is understood to be issued after a debt of around £100,000 was not paid. This comes after the player went through with failed business enterprises, which included a hotel.

Eric Djemba Djemba

His playing career at Man United wasn’t memorable but his name certainly is. The Cameroonian also enjoyed stints at Aston Villa and Burnley and currently plays with Hapoel Tel Aviv. Djemba-Djemba’s bankruptcy came from ridiculous spending. At one stage, he owned 10 4x4 cars, sending large pieces of furniture back to Cameroon and giving away money to a range of hangers-on.

Jason Euell

Jason Euell, 36, who rejoined Charlton Athletic back in 2011 and is currently with AFC Wimbledon on loan, filed for bankruptcy after discovering he was the victim of fraud. He realised his signature had been forged on to documents after a business he set up with a friend failed.

 

Neil Walsh

comments powered by Disqus
  • newstalk.com image

    Julian Assange spoke to Sean about WikiLeaks, Google and life in...

    newstalk.com image

    Norwegian choir sings powerful version of Rocky Road to Dublin

    newstalk.com image

    Leading Irish producer speaks to Newstalk about John Michael...

    newstalk.com image

    Student convinces family she's in Asia for 5 weeks, despite...

    newstalk.com image

    Passenger removed from plane over notebook doodles

    newstalk.com image

    Julian Assange tells Newstalk 'several' Irish politicians...

    newstalk.com image

    Irish city named as second most welcoming on the planet

    newstalk.com image

    Irish farmer reacts to video camera for the first time

    newstalk.com image

    Court shown bizarre footage of Man Utd fans brawling with group of...

    newstalk.com image

    'Friends are waiting' This anti-drink driving advert is...

  • newstalk.com image

    Government looks set to ignore budget advice from Fiscal Advisory...

    newstalk.com image

    3,000 children are waiting more than a year for speech therapy in...

    newstalk.com image

    If Starbucks' 'Guinness Latte' takes off, here's...

    newstalk.com image

    GardaĆ­ advise householders to protect their properties during the...

    newstalk.com image

    'Friends are waiting' This anti-drink driving advert is...

    newstalk.com image

    Decomposed body found after leg discovered

    newstalk.com image

    Man accused of stabbing taxi driver appears in court

    newstalk.com image

    This dog is pretty much the epitome of 'food envy'

    newstalk.com image

    Mother of Irishman shot dead in Bolivia speaks to Newstalk about...

    newstalk.com image

    Agencies raise concerns about sex-trafficking victims being placed...