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athlete career management

financial literacy athlete career management
Sports

The Rise and Fall of Eric Mathoho: A Lesson in Financial Literacy for Athletes

by Tumi Makgale
March 21, 2025

Eric Mathoho, once a shining star in South African football, faced tough financial troubles after his career took an unexpected turn. His story teaches us that many athletes struggle with money management because they lack the skills to handle their wealth. Clubs and agents must step up, offering training and support to help players learn about finances. Just like artists of the past who faced fame’s ups and downs, Mathoho’s journey reminds us that understanding money is key to enjoying a secure future, even after the cheering stops.

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