Footballer gambled away £800k pension

Footballer gambled away £800k pensionBy Tom Selby
http://www.moneymarketing.co.uk/pensions/footballer-gambled-away-%C2%A3800k-pension/1028751.article


Footballer Paul Merson blew his entire £800,000 pension at 35 to fund his gambling addiction, his autobiography reveals.


“On paper, this is not the most disastrous landmark in the world but at 35, professional footballers can draw on their pension. I drew out all £800,000 of it in one hit and blew it in a couple of months.”