Nigerian football legend Sunday Oliseh has addressed the ongoing issue of professional footballers going bankrupt shortly after retirement. This phenomenon, which has seen several ex-players losing their wealth, has sparked widespread discussion in the football world. Oliseh, a key figure in Nigeria’s 1994 Africa Cup of Nations (AFCON) winning team, retired in 2006 after a brief stint with Belgian club KRC Genk and now resides in Europe.
In a recent interview with News Central TV, Oliseh provided his perspective on why many former footballers face financial struggles post-retirement. He explained that a typical professional football career lasts about 15 years, and during this time, players often earn substantial sums. However, many fail to manage their finances effectively, leading to their financial downfall after the playing days are over.
One high-profile example of this unfortunate trend is Ivorian footballer Emmanuel Eboué, who lost his entire fortune after signing over his earnings to a former partner. Oliseh’s comments shed light on how the lack of financial planning and poor decision-making can result in such devastating outcomes for players who once earned millions during their careers.
The conversation about athletes’ financial literacy and responsibility has become even more relevant as more footballers, especially those from the African continent, speak out about their struggles after the final whistle of their careers. Oliseh’s insights into the issue provide valuable perspective on how footballers can better prepare for life beyond the game.
