PSL destroying players? ‘Higher amounts has killed their mentality!’

The Premier Soccer League (PSL) clubs have been urged to consider guiding the players on how to invest their fortune instead of leaving them to figure it out by themselves.

The South African top tier is currently among the best on the continent, with players being paid good salaries, including allowances. Even foreigners have been given a platform to advance their careers, which has played a big role in helping the game in Africa to grow.

A big percentage of these players come from a humble background, explaining why they find themselves at a crossroads when it comes to investing for their futures.

This explains why former Kaizer Chiefs striker Dennis Vukubi has now asked clubs to come up with ways to help the players to save for life after football.

Teach these boys how to budget

He argues that most of these players become extravagant since they are not used to having such money, but end up paying the price later.

“Most of our Black kids being exposed to higher amounts of money has killed their mentality,” Vukubi told KickOff. 

“Having grown up in a township, we were never even trained how to use money. Growing up in the township, we are used to living our lives without having even a cent in our pocket, and all of a sudden R200 000 is being deposited into your bank account. 

“I’m happy there’s money in the PSL, but teach these boys how to budget. The league must deduct a certain portion of a player’s salary and save it for rainy days,” he concluded.