Why are so many footballers so bad at handling their finances and securing their long term futures? Sean Wright-Philips being the latest of a long line of ex Premiership footballers being declared bankrupt.
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Back in the mid 90s - one Britain's top footballers at the time was referred to me to invest in my then fledgling insurance company - from memory we were raising £250,000 and he was looking at investing around £10,000 (which would have been small change for him then). His investment would have gone onto be worth hundreds of thousands if not millions within 10 years - but he instead carried on frittering his money away. Years later he was declared bankrupt.