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Business Daily: The rising stars of football and their money

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cody gakpo resize.jpg

09/12/2022 GMT

The rising stars of football and their money

BBC World Service - Business Daily, The rising stars of football and their money

After the World Cup some lesser known players could land huge deals, but are they ready?

The rising stars of football, playing in the World Cup, could be about to land their first big money contracts. Two former footballers give us their advice on managing finances.

The World Cup is a catwalk of footballing talent. Lesser known players are thrust into the spot light and launched onto the global soccer scene often with an enormous increase in wages. But how much do those young, impressionable players know about personal finance? 

We've all seen the stories of high profile players blowing their fortunes and ending up bankrupt, and players in the English Premier League can expect wages of around $10million a year. 

In this episode we hear from two former footballers who now help others manage their money. Swedish footballer, Philip Haglund tells Sam Fenwick how difficult it is not to spend on expensive items when the first pay cheque comes in, and former Manchester United and France International, Louis Saha, explains why players can be overwhelmed by how much they earn and what he’s doing to try and help current and former athletes manage their finances better.

Presenter/producer: Sam Fenwick
(Photo: Cody Gakpo of Netherlands vies with Tyler Adams of USA. Credit: Getty Images)

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