Riches to Rags: Millionaire footballers who lose everything

[ChesterDave]

I don't know why any landlord would want housing benefit paid directly to them. Being responsible to pay back any overpayment of benefits from a claimant not entitled to it. No thanks. Ill take my chances

[Eric Swindler]

It's great that so many folk on here are president of their own perfectland

[Fivex]

Not to mention the Domigod.

[Norbs]

I don't know why any landlord would want housing benefit paid directly to them. Being responsible to pay back any overpayment of benefits from a claimant not entitled to it. No thanks. Ill take my chances

Is that what it is (housing benefit)? I thought the landlord received their rental directly, I stand corrected.

[Tee]

What about the money he pissed away on extravagent cars, lifestyle etc? And yes I personally would have the same views if it was a Liverpool player - why is it any different? **** them if they can't manage their own lives and money. Who offers me and every other person who isn't a footballer? And this appears to be he own doing anyway. Investments go wrong all the time - it's up to you how you manage your own risk. He could have gone to an IFA or a wealth Manager if he was interested in investing his money. If he was dumb enough invest the majority of his equity and piss the rest away on cars etc, then he only has himself to blame. As I said, idiots like him really could learn a life lesson from Assou-Ekotto

Tell me more Saj. What has he done?

[Norbs]

He said in an interview a while back that he has no love for the game and sees it purely as a way to provide for his family. He's going to walk away when his career ends and has no love for Spurs. I'm sure there's more to it than that but that's it in a nutshell

[Tee]

He said in an interview a while back that he has no love for the game and sees it purely as a way to provide for his family. He's going to walk away when his career ends and has no love for Spurs. I'm sure there's more to it than that but that's it in a nutshell

Cheers

[saj]

Tell me more Saj. What has he done?

He said in an interview a while back that he has no love for the game and sees it purely as a way to provide for his family. He's going to walk away when his career ends and has no love for Spurs. I'm sure there's more to it than that but that's it in a nutshell

Sort of Norbs. He did a couple of interviews. Here you go Tee. I thought more people would have remembered the interview I was referring to. It was on Football Focus and it's about how Assou-Ekotto travels using his Oyster card and has a smart card. He appears to be very down to earth. The BBC link has the interview he did on Football focus and the Mail link is another interview he did.

http://news.bbc.co.uk/sport1/hi/foot...ur/9402117.stm


http://www.dailymail.co.uk/sport/foo...Smart-guy.html

[saj]

Yes you're right. I was being somewhat patronising. I was basically patronising you in the way that you are patronising some of these people.

Some people need help. Some people don't. Pretty simple really.

You were able to afford a property without over extending yourself? In fact, with finance to spare? Well done. Congratulations. You're very lucky to do that in the current climate. You're in the minority there I'd say.

Anyway, I've said all I want to on this subject. I'll leave it there.

I just saw this **** post now. Who have I patronised?

And it's interesting you have decided to opt out of this thread - is that because you agree with my thoughts on the real life example I gave and that your argument against me was not really justified?

[dom9]

I just saw this **** post now. Who have I patronised?

And it's interesting you have decided to opt out of this thread - is that because you agree with my thoughts on the real life example I gave and that your argument against me was not really justified?

Well, the many people, footballers or not who are not as fortunate as you to act completely rationally all the time.

I know several people who have put everything at risk through bad business decisions, gambling addiction, socialising excessively or whatever. Once you're in a spiral it's almost impossible to get out of. Rational thought goes out of the window. A sense of denial takes over. I've seen it first hand. It's horrible. You'd probably say that they're idiots and only have themselves to blame.

I completely disagree with just about everything you've said, including your simplified views on the examples you've given, I won't change your mind and I don't wish to talk about it with you any longer.
Is that sufficient an explanation for you?

[saj]

Well, the many people, footballers or not who are not as fortunate as you to act completely rationally all the time.

I know several people who have put everything at risk through bad business decisions, gambling addiction, socialising excessively or whatever. Once you're in a spiral it's almost impossible to get out of. Rational thought goes out of the window. A sense of denial takes over. I've seen it first hand. It's horrible. You'd probably say that they're idiots and only have themselves to blame.

I completely disagree with just about everything you've said, including your simplified views on the examples you've given, I won't change your mind and I don't wish to talk about it with you any longer.
Is that sufficient an explanation for you?

The bold part is spot on as who else can they blame? God? Fate? Is it the fault of someone else? I think not.

So I have patronised the many footballers and people? What I walked over to Lee Hendrie and laughed in his face? I merely expressed an opinion to which you started a pretty lame attack on me and didn't even respond to the real examples I gave.

[dom9]

I hope none of your closest friends or family ever find themselves in that position. I honestly do.

[ChesterDave]

Is that what it is (housing benefit)? I thought the landlord received their rental directly, I stand corrected.

I don't think a LL can insist that HB is paid directly to them - if a tenant has history of rent arrears I think they can request it through court. Normally it would be paid to claimant and then they are responsible for passing it to the LL (as in that studies case it frequently did not happen) but the basic rule is that the recipient, not the claimant, is responsible for paying back any overpayments be it through miscalculations or ineligibility). You could be thinking all is dandy as the rent is being paid on time and then find out 9 months later the tenant was not entitled and you owe £5,000!

But anywho, I suppose thats a different debate really.

I'm still in the sympathy camp. As Dom says, doesnt matter what level of income you have you are still prone to the pitfalls the same as anyone else.