25 Rich Athletes Who Went Broke

by Drea Knufken May 18, 2009, 2:02 pm 404.7k Views

10. John Arne Riis

Fullback footballer for Liverpool; last played for Roma
Estimated lifetime earnings: $20+ million

Despite earnings topping $75,000 per week, this Liverpool soccer star declared bankruptcy in 2007 for unpaid debts. Embroiled in a dispute with his financial advisors and former agent, Einar Baardsen, over how his fortunes have been invested, the court has found evidence to link his case to a $4 million fraud investigation in Norway.

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10. John Arne Riis

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Written by Drea Knufken

Currently, I create and execute content- and PR strategies for clients, including thought leadership and messaging. I also ghostwrite and produce press releases, white papers, case studies and other collateral.