Jobwebby

Premier League footballers are renowned for their high wages and Casibom güncel giriş - https://jcpc.org extravagant lifestyles, but what happens when the dream turns into a nightmare.  With telephone number wages, earning in a month what most people won't see in a lifetime, it is surprising that some high-flying sports stars find themselves in financial difficulties.  In some cases, gambling sees their fortunes whittled away on a wet afternoon in Redcar, while other make incredibly poor investment choices.

Being one of the best footballers in the country does not automatically make a player a shrewd businessman.  Others are blighted by 'hangers' on' and scam artists seeking to exploit their wealth  and lack of financial knowledge.   Among those struggling is the former Liverpool, Casibom güncel giriş Leicester City and Aston Villa striker Emile Heskey.  Former Liverpool and Aston Villa striker Emile Heskey, who was once worth at least £12m  is now facing bankruptcy haver a series of failed investments and a major tax dispute  According to The Sun, the former striker, who scored 110 times in 516 Premier League appearances is facing bankruptcy - https://www.buzzfeed.com/search?q=facing%20bankruptcy having been involved in a celebrity investment scheme at the centre of a £1.6bn tax dispute.  While at the height of his career around 2009, Heskey was worth an estimated £12 million.  Before moving to Liverpool, Leicester City offered him £25,000-a-week to remain at the Midlands club.  Last year, it had been previously reported that Heskey was found to have defaulted on £92,000 of tax while working as football development officer between 2017 and 2020.  He was fined £42,000.  A celebrity bar he ran with his wife Chantelle in Alderley Edge was shut down by the High Court with debts of £163,000 in May 2023.  The bar, called Parea, was opened in 2018 to serve the numerous footballers and WAGs who lived in the Cheshire enclave.  Now HMRC are petitioning the High Court seeking the former England international's bankruptcy.  Burnley's Charlie Taylor is trying to annul a bankruptcy order against him after an 'administrative error' led to the non-payment of a bill He is not the only footballer facing financial issues, 30-year-old Burnley defender Charlie Taylor - who earns approximately £30,000-a-week - has been declared bankrupt after non-payment of bills.  However, his issue was more due to an administrative error rather than a shortage of cash.

He is in the process of annulling the ruling having repaid the debt in full.  According to Cazenove Capital, the average professional footballer's career lasts for around eight years, where they will earn approximately £300,000 a month.  The financial experts warn that while the player is likely to be mortgage free and sitting on a £5m cash reserve, their luxury lifestyle will soon wipe out their savings.  A spokesperson said: 'An estimated 40 per cent of professional footballers go bankrupt within five years of retirement, and many more struggle financially in later life, according to Xpro, an organisation that helps professional footballers adapt to life after their playing career.'   The Professional Footballers Association have begun trying to educate younger players about the need for proper financial planning and preparing themselves for life after the game.  Some ex-players can secure lucrative media careers or continue into management, Casibom güncel giriş others are faced aged in their 30s with a lifetime ahead of them and no career plan.  In 2014, former England goalkeeper David James was declared bankrupt despite earning an estimated £20m during his long career which included 805 club appearances and a further 53 for England In 2014, former England goalkeeper David James was declared bankrupt despite earning an estimated £20m during his long career which included 805 club appearances and a further 53 for England.