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5 footballers who went bankrupt

LONDON, ENGLAND - OCTOBER 11:  David James former England goalkeeper talks during the Leaders In Sport conference at Stamford Bridge on October 11, 2012 in London, England.  (Photo by Tom Shaw/Getty Images)
James has risen above his bankruptcy and is now a panellist for BT Sports
ANALYST
Modified 08 Apr 2017, 19:28 IST
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The game of football is loaded with money and fame. While on the outside this may seem all that we have ever wanted, the pressure and vices that the riches can bring is something that is often ignored. 

As we see several top players bagging big contracts that could offer them money for a lifetime, we also ignore several cases where the lure of money can lead players to gamble and substance abuse. The world where cash is found in abundance has surely led some footballers to disaster and ruined their life for a long time. 

To shed light on this topic, Sportskeeda brings to you 5 famous footballers who went bankrupt:


#5 David James

One of the most famous English goalkeepers and the 4th ranked player on all-time Premier League appearances, David James filed for insolvency after a messy divorce with his wife. The player’s bankruptcy came in 2014 after he started drowning in debt. 

The goalie divorced his wife Tanya in 2005 where he had to bear huge expenses. Despite earning a massive £20m from his football career, James was unable to pay many of his debts. The player also earned quite a lot of money through a modelling contract with Armani but was unable to undertake the brunt of the expenses. 

James sold a lot of his football memorabilia that he had personally collected during the career which included signed shirts, match balls, gloves and the likes. This wasn’t all, James had to put his bikes up for sale as well. 

It seems that all is well finally as we’ve seen him as the manager of Kerala Blasters in the ISL and the player currently is a full-time panellist on BT Sports. 

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Published 08 Apr 2017, 18:45 IST
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