Playing professional football is undoubtedly one of the many ways a person can make millions but contrary to popular belief not all footballers remain wealth upon retirement. Players tend to forget about the real value of money and also fail to make wise decisions like investing for rainy days. We often hear a lot of inspiring rags to riches stories but nowadays it seems as if we hear a lot of rags to riches and back to rags again.
It is hardly known that most footballers hail from humble beginnings, through hard work and with a little bit of luck their fortunes drastically change over night as most successful footballers are afforded lucrative salary packages.
During Supersport United's dominance in the late 2000s under the leadership of coach Pitso Mosimane at one particular point in time they had the services of Zimbabwean born forward Shingayi Kaondera. Like most Zimbabwean footballers he began his football career in his native country before moving across a number of different country across Europe and also in South Africa.
Having spent thirteen years across Europe Kaondera was financially well off. Having retired from professional football in 2012 he went to make a shocking announcement where he went to reveal that he was bankrupt. According to him excessive spending was the reason. Like most footballers who lost it all post retirement he had not made any financial investments.
In 2014 there were reports that Kaondera was admitted to a psychiatrist unit for mental evaluation after he went on a rampange. According to reports he went to spend a week at the institution before he was discharged. Prior to him announcing that he was bankrupt the former Supersport United forward was involved in messy divorce with his wife Mary Chiwenga. His a wife would go to marry the current deputy President of Zimbabwe Constantino Chiwenga.
Source : https://en.m.wikipedia.org/wiki/Shingayi_Kaondera
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