Football remains one of the most lucrative sport in the world. With professional football, huge sums of money are being offered to players. However, beneath these eyewatering amounts lie a complex financial affair that players must navigate.
From the moment young players sign their first professional contracts, the financial dynamics of their careers start to unfold. These players, often in their late teens or early twenties, are thrust into a world where their performances on the pitch are directly tied to their financial rewards.
Club contracts and image rights deals form the bedrock of their income, and with the addition of bonuses and endorsements, they can earn huge amount of money. However, in recent years, we have seen footballers that earned significantly high wages during their careers ultimately becoming bankrupts.