Ludovic Giuly faced numerous financial difficulties at the end of his career. After noticing some inconsistencies in his past contracts and financial investments, the former player for teams such as FC Barcelona, AS Monaco, AS Roma, Olympique Lyonnais, and PSG decided to become a consultant to prevent what happened to him from happening to other professional players when they decide to retire.
Now, the Frenchman owns a company that focuses on "supporting the player, but I'm not an agent. Above all, I help them financially after their careers."
"Nowadays, a player at a big club can't end up ruined. And 50-60% of players, five years after retirement, end up ruined. Nobody says it because they're ashamed. I'm not ashamed, and I'm saying it: I was robbed and I didn't pay attention. It's my responsibility," Giuly says in an interview with Colinterview and Oh My Goal from the Ludovic Giuly Stadium in Lyon. "The pace of life we have, when we're players, is incredible. Better, but you have 30 or 40 years to live afterward. How do you do it if you have the same pace of life? You die. And nobody tells you. Because when you're done... the agents, the family, etc., everything disappears overnight."
In his critique, Giuly highlights the commission agents and various people in the environment who only want to take advantage of footballers' limited financial knowledge. "I have loans... at 12%! It's crazy," he comments.
"If you won the lottery tomorrow, would you be used to it? You're wasteful, like everyone else. Your lifestyle is going to change," the former winger reflects to the interviewer.