Gareth Bale Reveals Why He Was Scared of Going Broke After Retirement
Gareth Bale, the former Tottenham and Real Madrid star, has confessed that he harbored fears of going bankrupt after his football career, despite earning a staggering £120 million net worth.
Bale's concerns stemmed from stories of athletes struggling to manage their finances after retirement...
Gareth Bale opens up about his financial fears, revealing he was terrified of going bankrupt despite earning £28.8 million annually during his time at Real Madrid. The former Tottenham and Real Madrid star's concerns stemmed from stories of athletes struggling with financial management after retirement.
Bale, who retired after the 2022 World Cup, has diversified his interests beyond football. He's taken up golf, established Elevens Bar and Par 59 in Cardiff, and invested in a Welsh distillery and Tiger Woods' TGL golf league. Bale's business ventures also include working as a pundit for TNT Sports, covering events like the Europa League final.
By investing in various sectors, Bale aims to secure his financial future. “I always had one eye on what life would be like after football,” he said. His strategy involves diversifying investments to avoid financial instability, using his “pillar idea” to ensure that if one investment fails, others can support him.
“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,” he said on Front Office Sports.
“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.”
Gareth Bale:🗣️
— Players Sayings (@PlayersSayings) October 14, 2025
„You read articles about when people finish professional sports, they go bankrupt.” pic.twitter.com/lT6CmP4tB8
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