Loan signings are the payday loans of Football

On the front of it a loan may seem amazing.  Bring in a player, don’t spend too much, no need to bother with huge fees and on the surface they seem to be a convenience.

When we take a look at the clubs lower down the pecking order – clubs that can’t afford astronomical fees they seem more likely to loan players. However in the hope that these loans might be successful, the joy is short lived.

If a player performs well on loan, there is no doubt that his parent club will take him back and refuse to sell the player even though they contemplated letting him go in the first instance.

Take Joe Hart, at Birmingham City he became a fan favourite and really made a name for himself. However, if you were to ask a city fan how did Hart make his name I bet they’d disregard the spectacular season he had at Blues.

On the other hand if a loanee fails to impress at the club, the team have basically wasted there fees on paying for a player whom they hoped would help but didn’t and we’re all left looking at the ground.

Its fair to say loans definitely leave clubs feeling shafted, as if they’ve been robbed. It is however a cycle; small clubs will continue to loan just to survive another year in their division and fall into the trap. Don’t do it!!


From fancy cars to penniless jars – the dark side of football

From rags to riches then riches to rags former England international David James has become latest footballer to squander his fortunes. Boasting an impressive career his CV boasts teams such as Liverpool, Man City and Aston Villa – even managing to pick up 44 caps at international level.

James declared himself bankrupt in May of this year becoming another name on the list of top flight footballers who have managed to squander their fortunes. He joins the likes of Keith Gillespie, Eric Djemba Djemba and Lee Hendrie who have all declared bankruptcy despite earning huge amounts of money a week. It’s hard to see how footballers fall on such hard times but it seems as if financial trouble is a problem that all footballers could face if they’re not smart.

For most football is considered the beautiful game however on the opposite end of the scale sit former players that’ve been spat out by Football just when they thought nothing could go wrong. Peter Kelsey a financial adviser for the wealthy says he often has to tell his clients the importance of financial planning. Football is a short lived career and for the majority of professional footballers it lasts for 10-16 years giving them borrowed time to earn their millions.

Football is a cruel mistress, adoring you during your peak and throwing you out during the end of your career however, there are a number of retired players who tend to fall on their feet like Carragher, Owen and Neville.

So next time you go to a game, and your caught up in the excitement, spare a second for those who’ve fell on hard times in. Football is still definitely the beautiful game but as bystanders we’re so engulfed in razmattaz of the Premier League that we fail to acknowledge the victims of the “beautiful game”.