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5 footballers who went from riches to rags

Footballers make millions! The smart ones would invest their money in profitable businesses and the rest would just end up spending their money aimlessly. Check out our list of footballers who went from rich to broke!

1.Diego Maradona

No introduction needed; Maradona is regarded as one of the best footballers of all time. Sadly, Maradona doesn’t know how to manage his money. He owed the Italian authorities around RM 170 billion for all the unpaid taxes, penalties, charges and interest from his playing days in Napoli. He then claimed that he was not informed that he needs to pay any taxes. #duhh


2.David James

James was the oldest World Cup 2010 debutant at 39-year-old. Currently managing Kerala Blasters FC in the Indian Super League and a pundit on BT Sport’s football coverage, he declared himself bankrupt in 2014 after a costly divorce with his wife in 2005.   

Credit: Daily Express

3.Eric Djemba-Djemba

Currently playing for Swiss fifth division club FC Vallorbe-Ballaigues, the 38-year-old Cameroonian used to enjoy a luxurious lifestyle with extravagant cars before declaring himself bankrupt in 2007. Rumour has it that he holds 30 different bank accounts!



Not yet bankrupt, Ronaldinho is believed to be close to bankruptcy. According to Italian news site, Football Italia he has less than RM 30 in his bank account! Apart from his partying habit, the other reason for his financial trouble is his unsolved battle with the Brazilian government over the land he built on in Porto Alegre. He still hasn’t paid his RM 1 billion fine for environmental damage.

Credit: Sports Compass

5.Alan Hudson

The former English footballer used to play for Arsenal, Chelsea and Stoke City in the 70s. Alan helped Chelsea to win the European Cup in 1971. Currently trapped in huge debt, he is surviving on only RM 2000 pension per month and lives in a homeless hostel.

Credit: Daily Express

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