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Naive I may be, but how..?

Discussion in 'Watford' started by andytoprankin, Nov 4, 2014.

  1. andytoprankin

    andytoprankin Well-Known Member

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    We all struggle with finances at times, but how does one of the successful players ever to grace our pitch, go bankrupt?

    http://www.bbc.co.uk/news/uk-england-29895649

    Poor old David. He always seems so 'together' and thoughtful. There's many more I would expect to have difficulties before him.
     
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  2. Mexican Hornet

    Mexican Hornet Well-Known Member

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    I wouldn't expect that from him either, shocking considering what salaries he must have had through his career.

    What is auctioning off his stuff really going to raise though?
     
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  3. NZHorn

    NZHorn Well-Known Member

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    In economics it's called (or used to be, when I studied economics) the ratchet effect. Adjusting to a much smaller income is very difficult. I am surprised that more players don't end up the same way.
     
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  4. oldfrenchhorn

    oldfrenchhorn Well-Known Member
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    Expensive divorce apparently seems to have been the big problem.
     
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  5. Charlie Livesey was my hero

    Charlie Livesey was my hero Well-Known Member

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    It's a shame that he has got into this position. I notice in the report that the BBC once more avoided mentioning Watford.
     
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  6. hockdude

    hockdude Active Member

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    Considering how Lee Hendrie behaved towards one of my friends when he was at Villa; throwing £20 notes on the floor and mocking him for not having as much money. Seeing him in financial strife gives me a somewhat wicked case of smug satisfaction.
     
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  7. andytoprankin

    andytoprankin Well-Known Member

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    That's horrible, hockdude, I'm sorry to hear that. Sounds like he was a right dick. But he's the sort I would expect it to happen to, not David James.
     
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  8. andytoprankin

    andytoprankin Well-Known Member

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    View attachment 34077
    I took this screenshot of the BBC Watford page. The first 'headline' (which is not the headline if you follow the link) suggests things are more serious than I first thought. <yikes>
     
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  9. Charlie Livesey was my hero

    Charlie Livesey was my hero Well-Known Member

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    Surely he would get more by selling his kidneys for transplant &#55357;&#56881;
     
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  10. andytoprankin

    andytoprankin Well-Known Member

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    You'd try with those first, surely?
     
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