5 South African Footballers Who Went Broke After Retirement

When you a footballer player it is known by many that you make cold hard cash, especially when you play for big clubs and even make it to a national team. It is a shocking revelation when soccer players who spent half their lifetime making money most of us can only dream of go broke.

Below is the list of Football Players who went flat broke after their retirement. It seems as if they failed to manage their finances accordingly and chased the fast life that got them right back at the bottom.

1. Philemon Masinga – A man whose fame rose dradticall when he scored a goal that took South Africa to it’s World Cup in 1998. Je was a business man too in result he became a multi-millionaire. In a matter of a few period of time , Masinga went from Hero to Zero and lost all his fame and fortune. The clear indication to that was when he moved from a mansion worth millions to a back room at his mother’s house in Soweto.

2. Steve Lekoelea – Right after he cut ties with all his clubs he went bankrupt. One may blame it on his early retirement but the truth behind is that all the money he had left he used on parties. His glory was indeed short – lived.

3.Thembinkosi Fanteni – Fanteni loved the lavish life , he purchased all the highly priced products from international brands. He also splurged his money on women and cars. Fanteni must have felt like he was dreaming all along when he realised that his bank balance was becoming imbalanced.

4. Junaid Hartley – Hartley went broke after he used all the money believed he had made to his career by paying lawyers when he was attempting to cut ties with Orlando Pirates. He tried to live revive his career but to his unluck , nothing of what he favors best availed.

5. Jabu Mahlangu – A man that grew up poor but got his big break when his talent for football gave him the life he envisioned. Mahlangu’s life of riches was short lived though , he used all the money on the party lifestyle. After his retirement he went broke , his luck didn’t run out though , Because soon enough he is going to be appearing at the telenovela The Queen.

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