By Daily Sports on December 26, 2017

Arsenal’s former star Emmanuel Eboue has been in the news recently and the story has quickly moved from one of sadness to a happier turn.  Eboue, who once slept in a palatial home and drove expensive cars, recently disclosed that he is bankrupt.

Many were stunned to read of the Ivorian international’s plight of going from a multimillionaire footballer not so long ago to a broke dude who couldn’t afford a washing machine.

Then quite quickly, his former club, Galatasaray of Turkey moved to his rescue by offering a job as coach of their under-14 side and a chance to rebuild his life.

The tale of Eboue going broke filled me with pity as I read that he contemplated suicide after he was suspended from football for a year for failing to fulfill his contractual agreement with a former agent of his, taking away his number one source of making money.

Then more heartbreakingly, the woman who was supposed to be the person of his life, the one he had sworn to live forever with till death comes calling, the woman he called wife left him in financial tatters as she left him in a divorce that meant he lost most of his property to her, and also, the custodianship of his children.

While not wanting to play the wisest, my thinking is simply that his plight, if not completely avoidable, would have been ameliorated by a little bit more education.

A failure to understand the full complexities of the terms of your agreement with your agent is inexcusable. Too many players allow the massive wealth they enjoy in the present to becloud their thinking and ignore very important issues of financial self management and when they are confronted by the full weight of what they have signed into, they then look like desperate rats enmeshed in oil.

Also, Eboue while drunk in love, may simply have ignored the legal knots involved in his marriage with a British lady. Getting into such lifelong agreement with another person, no matter how sweet the kisses and sex are, one must be wise enough to understand what a possible divorce would entail.

Hiring of a legal advisor, while it would have cost Eboue money, would surely have helped save him from the serious financial hit he has experienced.

These costly errors by Eboue were facilitated, in my opinion, by a lack of formal education and a failure to care about educating oneself on serious matters of both legal business and romantic commitments in the times of riches.

But now succor has come Eboue’s way. A redemption story indeed. Galatasaray boss Fatih Terim, who has taken over at the Istanbul club for the fourth time in his career, told CNN Turk that he would give the former Ivory Coast full-back the role of under-14 assistant coach at the club.

Terim said: “We heard news about Eboue in the dressing room; I was informed there. We will do whatever we can to help my friend.”

Reacting, Eboue said: “I would be very happy if Fatih gave me the duty in Galatasaray.

“Fatih Terim is my father, I love him very much, I do everything for him because I love him very much,” Daily Mail quoted him as saying.

Source Daily Sports

Posted December 26, 2017

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