What you should know
Control over finances is essential for a balanced lifestyle
Correct management of a player's livelihood is not just essential for the individual, but also those that are financially dependent on them. For this reason, FIFPRO believes that education and awareness of financial matters should be a core component of a player's development.
All players should plan for their future
Making informed decisions about money and savings before retirement can protect players from financial difficulties later in life. As well as being educated on responsible spending, they should have the tools to seek trusted expert advice when required.
Player earning curve is unique
The player earning curve is unique and most players might never earn as much as they did as a professional player, no matter how well they have prepared for life after football.
Luis Alejandro Paz: The Colombian footballer who gives financial advice to his coach
As well as his success as a player, Paz has managed to obtain two university degrees: electrical engineering and public accountancy. He is doing a third university course – a master’s degree in sports administration.
