I’ve Always Feared Going Bankrupt – Bale

Former Real Madrid forward Gareth Bale has said that he feared going bankrupt during his playing days. He recently had his say while speaking to the press, and fans have been reacting.

According to him, despite being handsomely paid throughout his successful football career, he still had anxieties over the prospect of somehow blowing away all his money.

Bale added that he has always tried not to live a lavish lifestyle so he doesn’t end up like other athletes who went broke after retirement.

His words, “There was one thing that always scared me inside.

You read articles about when people finish professional sports, they go bankrupt. They don’t know how to manage their money, they don’t know how to do all these things.

A lot of, I imagine, athletes live a big lavish lifestyle. I try not to do that. I always had one eye on what life would be like after football.

When I finish, I stop getting the pay cheque. How do people then restructure their lives?

So I was always trying to diversify from quite early on. I always had this pillar idea where I would try and invest my money in different things.

If one pillar got chopped down and didn’t work, the whole building is not going to fall down.”

WOW.

Real Madrid Club de Fútbol, commonly referred to as Real Madrid, is a Spanish professional football club based in Madrid. The club competes in La Liga, the top tier of Spanish football.

Real Madrid has maintained the white shirt for its home kit throughout the history of the club. There was, however, one season that the shirt and shorts were not both white. It was an initiative undertaken by Juan Padrós in honor of an English team Corinthian F.C., which he had met on one of his trips, one of the most famous teams at the time known for its elegance and sportsmanship.

It was under Florentino Pérez’s first presidency (2000–2006) that Real Madrid started its ambition of becoming the world’s richest professional football club. The club ceded part of its training grounds to the city of Madrid in 2001, and sold the rest to four corporations: Repsol YPF, Mutua Automovilística de Madrid, Sacyr Vallehermoso and OHL.

Hala Madrid is a magazine published quarterly for the Real Madrid club members and the Madridistas Fan Club card holders. The phrase Hala Madrid, meaning “Forward Madrid” or “Go Madrid”, is also the title of the club’s official anthem, which is often sung by the Madridistas (the club’s fans).