Steve Staunton bankrupt

[Villafirst]

According to article in the Sun. Very sad to hear and you wonder how this can happen. Apparently bad advice on investment in Film making schemes was the cause. It seems many ex-players get involved with these dodgy type schemes.

[Malandro]

Great player, not so humble human.

[Matt Collins]

Why do players put their money into weird and dodgy schemes? If you've got a few million there are plenty of safe bets. You could literally just put it into central London property and rent it out to get a nice annual income and appreciating asset

[Villafirst]

Why do players put their money into weird and dodgy schemes? If you've got a few million there are plenty of safe bets. You could literally just put it into central London property and rent it out to get a nice annual income and appreciating asset

Robbie Fowler apparently has a big portfolio of rented properties. A no-brainer really. Surely bricks and mortar is the sensible way of investment?

[frank black]

Why do players put their money into weird and dodgy schemes? If you've got a few million there are plenty of safe bets. You could literally just put it into central London property and rent it out to get a nice annual income and appreciating asset

Greed, peer pressure and dodgy financial advice. If it's not regulated then don't touch it and just because your mates got one and says it's good doesn't make it legit.

If it too good to be true etc......

[frank black]

Why do players put their money into weird and dodgy schemes? If you've got a few million there are plenty of safe bets. You could literally just put it into central London property and rent it out to get a nice annual income and appreciating asset

Robbie Fowler apparently has a big portfolio of rented properties. A no-brainer really. Surely bricks and mortar is the sensible way of investment?

If you buy yourself, probably. It's the dodgy middlemen and 'schemes' that cause the issues. Pension scams are the latest.

[mr underhill]

Fowler specialized in buying really low value property in the north west where the rental yield on investment is amazing. I'm sure his portfolio runs into the hundreds now.

[Villafirst]

It seems a lot of ex-players simply don't put enough away for their retirement or save for "a rainy day"

[Salsa Party Animal]

No sympathy especially on their income. With the salary they get they can spend 2 weeks a year and save the rest.

[Tony Erdington]

Bet he's still got more money than most on here.

[clash city rocker]

I,ve never had much money so if I lost what I had it wouldn't be the end of the world. But if people have had millions and lost it then the reality must be hard to take. Like the song says......if I hadn't seen such riches I could live with being poor. They need to realise that with greater promised returns comes greater risks. So if trap 3 wins the 11.11 at Hove this morning I definetly won't be investing my estimatec £10 profit into the film industry.

[Chico Hamilton III]

Why do players put their money into weird and dodgy schemes? If you've got a few million there are plenty of safe bets. You could literally just put it into central London property and rent it out to get a nice annual income and appreciating asset

Robbie Fowler apparently has a big portfolio of rented properties. A no-brainer really. Surely bricks and mortar is the sensible way of investment?

Liverpool fans used to sing "we all live in a Robbie Fowler house" to the Yellow Submarine tune.

[olaftab]

Men waste money on gambling, alcohol, greed and women in their life based on what they earn and how much they have  so  I would say shame but....

[dave.woodhall]

Why do players put their money into weird and dodgy schemes? If you've got a few million there are plenty of safe bets. You could literally just put it into central London property and rent it out to get a nice annual income and appreciating asset

Robbie Fowler apparently has a big portfolio of rented properties. A no-brainer really. Surely bricks and mortar is the sensible way of investment?

Which I think is what did for Lee Hendrie.

[Ron Manager]

He is still only forty seven, a long way to go yet. He will lose the standard of living his family are used to but a lot of people are in a far worse position.

Money,after all isn't everything. Will no doubt get a job as a pundit in Ireland perhaps if he is lucky.