Imagine the following situation: waking up one morning before going to work or training, verifying your euromillions ticket and knowing that you are the 1st among more than 130 million people to win the first prize. What would you do with such a sum of money? The answer to this question is, without going any further, the turning point between a prosperous quality of life and total ruin. And you wonder: how to maintain a healthy and stable sports career?
It should be noted that a successful sports career is very similar to a situation like this, both for the economic benefits and the media recognition that all this entails. But a phenomenon of this caliber can become a double-edged sword. Did you know that more than 60% of footballers in the European leagues go bankrupt shortly after hanging up their boots? A considerable figure with a trigger for the common problem: the lack of financial education.
If in our day to day we are not able to manage an average salary and control what or how much we spend, it will be difficult for us to manage large amounts of money better. In fact, without good financial advice and with a lack of knowledge, we have all the ballots bought to be part of that percentage of athletes who end up in ruins, dragging even their families, All of this, added to the media responsibility that accompanies an elite soccer player, along with the habit of constantly displaying the luxuries and standard of living that surrounds them, can make the situation as bad as possible. It is as easy as browsing the social network of the moment (Instagram) and inquiring into the profiles of successful athletes and later observing that of young footballers and homegrown players with good projection. It is easy to see that there is a great relationship in imitating their references with luxurious cars, expensive clothes, even large homes.
It is essential to protect and prepare the next 35-40 years after the sports stage to prevent serious problems during the second half of economic life. That is why, before making a decision when it comes to spending, reflect and keep in mind that the future may be at stake and it is not a video game with unlimited resources. But to better understand the risks, in future articles we will get to know in depth real cases of former world-class footballers.
Don’t forget to visit our blog at www.globaltalentsport.com
