Bankrupt David James To Auction Off Memorabilia

[FoxesAreBlue]

Quite sad really...

http://bbc.in/1E4LJDm

[Charl91]

No sympathy. To go bankrupt as a footballer in these times, you have to be particularly stupid.

[Sir Fynwy]

The stats say that more than 50 percent of premier league footballers go into bankruptcy, they are mainly thick as shit though.

[stevelcfc]

Problem is they spunk it all up the wall while they are playing and then have nothing left when they retire. They should be investing, starting businesses etc, but largely they are to stupid to know what they are doing. They have no qualifications due to the clubs demanding they drop education to focus on their training.

Really their agents should be doing things to protect them though, I believe thats what they get paid to do.

[davieG]

They end up with too much time on their hands with no immediate need to work so end up spending their money on things they don't need to fill, the time  up and it slips through their fingers without them realising it or as Fynwy says they're too thick to understand what's happening

[Sir Fynwy]

Academies have to educate players or they lose their academy status. Razor Ruddock on can't pay we'll take it away was funny.

[Charl91]

Academies have to educate players or they lose their academy status. Razor Ruddock on can't pay we'll take it away was funny.

 

Haha, I saw that, it was hilarious.

[Unabomber]

I wonder how much BT sport pay him?

[DB11]

Sad?! Yeah right to have lived the lifestyle he did as a player and have those experiences most people will never get the chance to do that

[FoxesAreBlue]

I don't feel sorry for him, I'm saying its a sad situation that a (more than likely multi millionaire) has lost all his cash by his mid-fourties.

[RowlattsFox]

Divorce has to play a big part in footballers going bankrupt. That and shot business ventures they have no idea about.

[Donut]

If youre still living in a massive paid for house, theres one huge asset for a start to sell isnt it?

[SystonFox]

He earnt £20m in his career?

Fair enough he's never had £20m in the bank but still I don't know how you spend all that

[Freesolo]

I don't know how Premier League footballers can go bankrupt, it totally baffles me unless they have a serious gambling addiction or make some seriously bad investments they should have enough money for there families to live a good life even into retirement.

 

Its stupid really but David James has never come across a stupid person, guess he could get a job as a goalkeeping coach with some really good clubs 

[Miquel The Work Geordie]

Haven't clicked the link but hasn't an ex rinsed him for a fair portion? No excuse, he has/had a media job too and given the length of his playing career you'd think it'd be nigh on impossible to go bankrupt. 

[Jordan]

Haven't clicked the link but hasn't an ex rinsed him for a fair portion? No excuse, he has/had a media job too and given the length of his playing career you'd think it'd be nigh on impossible to go bankrupt.

In the words of Yeezus, "If you ain't no punk, holla, 'WE WANT PRE-NUP! WE WANT PRE-NUP! (Yeeeaaaah!) It's something that you need to have, 'cause when she leave your ass, she gonna leave with half."

[Charl91]

I don't know how Premier League footballers can go bankrupt, it totally baffles me unless they have a serious gambling addiction or make some seriously bad investments they should have enough money for there families to live a good life even into retirement.

 

Its stupid really but David James has never come across a stupid person, guess he could get a job as a goalkeeping coach with some really good clubs 

 

I could be wrong, but I think Bankrupt for them just means they don't have the money to pay for their assets. He could very well be "bankrupt" and still have 10m worth of assets that he can sell.

 

It's very different from your average man on the street going bankrupt.

[J.Lisemore]

Bankrupt . Only has himself to blame. Its called being responsible with your money..

 

I can remember Shane Filan from Westlife going bankrupt also, ploughed a sh*load of money into a business' he probably knew nothing about and they went bust.

[stripeyfox]

But you don't have to be a rocket scientist to work out how to spend less than you earn, particularly if you are in the advantageous position of earning in a week what most people earn in a year or more. So to blame footballers for being "thick" is a cop out by them and the people accusing them of it. Plenty of people in regular, low skilled jobs manage not to go bankrupt.

[Sir Fynwy]

But you don't have to be a rocket scientist to work out how to spend less than you earn, particularly if you are in the advantageous position of earning in a week what most people earn in a year or more. So to blame footballers for being "thick" is a cop out by them and the people accusing them of it. Plenty of people in regular, low skilled jobs manage not to go bankrupt.

My wife's job involves making people bankrupt, they come from all backgrounds, if you are really poor there is no point in a company or individual making you bankrupt because it costs them money they can't recoup from assets.

[surrifox]

I thought he was out in India  promoting football on the sub continent - doubt if he's doing that for nothing.

 

I wonder if its true that the among the items available are   394 footballs "retrieved" from the back of his net

[Itsthejoeker]

How much of this is to avoid paying his wife divore settlements?

[Tommy G]

http://auction.hilcoind.com/AuctionHelp.taf?S=N&R=2&C=2&m=3&sort=1&ST=1&days=10&event_id=3154&skipkw=1&status=&_start=1

 

Some of the items on here are incredible.

 

There is an astra van on the last page!

 

Desperate times

[ScouseFox]

"various books" wow he really is in the shit 

[Tommy G]

A petrol chainsaw.

 

England training shorts

 

There is tbf some decent stuff in there like a lampard shirt and a liverpool Owen 10 shirt but a lot of it is garbage