Mourinho: “Young players lack financial advice”

Mourinho: “Young players lack financial advice”

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Ex Chelsea manager José Mourinho © Francesca Ceciarini

Interviewed by the Telegraph, Jose Mourinho claimed young footballers aren’t given the financial advice they need on contracts.

Apart from touching on a number of subjects – among which his Catholic faith and charity work to his favourite phone and car – he focused to reasons leading young players to be distracted from their game and even stumble into financial troubles when handed more money than they can handle.

Mourinho said: “They need to be lucky with the parents; they need to be lucky with the agents. They need education. I had a player once that came to me with a new car, and I told him, ‘Another one? Why? Do you have a house?’ No. ‘Do you have lots of money in the bank?’ No.”

The Chelsea boss went on in his tale adding: “He said, ‘This car, I didn’t buy it; my father got it for free in leasing and I signed the document’ I said, ‘Do you know what leasing is?’ He said, ‘It’s free!’ No! Sit here and I explain to you what is leasing. He didn’t know, because nobody had explained.”

“These guys, they’re 16, 17, 19, 20. They don’t know how to react, what to do. In Chelsea we have a fantastic department which we call Players Support and Welfare where they help the players with everything.”

“They have people in the bank to explain money. You want to buy a house? Let’s make sure you’re with the right person making the right deal.”