Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Footballers are known for being highly paid, particularly if they land themselves in a big club. It is surprising to discover that some soccer players who spent half their lives making money hand over fist end up stone broke after a few years into retirement.

Briefly.co.za has put together a list with the help of youthvillage.co.za of 5 SA footballers who blew all if their hard earned cash after retirement.

1. Philemon Masinga

Philemon Masinga rose to fame when he scored a match-winning goal which earned South Africa a spot at the 1998 Soccer World Cup. He invested his soccer winnings into various business and was soon a multimillionaire. Masinga went from rich and powerful to stone broke, so much so that he sold his mansion to move back in with his mom in Soweto.

Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Masinga spent all his money and had to move in with mommy. Photo source: youthvillage.co.za

2. Steve Lekoelea

Steve Lekoelea chose to go into early retirement and soon after he cut ties with his clubs his financial problems started. He splurged all his hard earned money on parties and in a very short time he was bankrupt.

READ ALSO: That's why he survived another vote of no confidence: Trevor Noah compares "cute" Zuma and "stupid" Trump

Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Steve soon ran out of cash after going into early retirement. Photo source: youthvillage.co.za

3.Thembinkosi Fanteni

Thembinkosi Fanteni enjoyed the good life, a bit too much and overspent on international products for their status. He blew his cash on women and cars and was living the dream. This soon turned into a nightmare as his bank account reached zero.

Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Parties, that where Fanteni spent his money, not too wise of him. Photo source: youthvillage.co.za

4. Junaid Hartley

Junaid Hartley was a sad and strange case, he spent all his money on lawyers trying to get out of his Orlando Pirates contract. Once free he was broke and failed to restart his football career.

READ ALSO: Proudly South African or culturally insensitive? Controversial South African movie nominated for an Oscar

Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Junaid made his lawyers rich and himself poor. Photo source: Soccer laduma

5. Jabu Mahlangu

Jabu Mahlangu was the poster boy for a rags to riches story, his talent for football got him out of the township and into the high life. Unfortunately, his fame and fortune ran out when he spent all his cash on partying. He had a change of luck when he was cast on the telenovela The Queen.

Easy come easy go: 5 SA soccer stars who blew all their cash after retirement

Mahlangu got out of the township but soon spent all of his money in retirement but got lucky with an acting gig. Photo source: youthvillage.co.za

Do you have a story to share with us? Inbox us on our Facebook page and we could feature your story.

To stay up to date with the latest news, download our news app on Google Play or iTunes today.

Source: Buzz.briefly.co.za

Related news
Liar, Liar: Train hero turns out to be a fraud

Liar, Liar: Train hero turns out to be a fraud

Liar, Liar: Train hero turns out to be a fraud
Briefly.co.za