this is the dilemma of the new modern age metro sexual
guy.
to be a guarantor for anything is already bad, how much more as
guarantor for businesses. when there is a default for payment,
guess who the banks is going to chase after? guarantor of course.
moral of the story is, dun ever be a guarantor for anyone, even
your relatives. you dunno what you are signing for as a guarantor
until default of payment happened, then you are in big
trouble.
not only footballers, actors / actresses, sportsman like remy ong
(bowler) popiah business also went bust. they dunno a thing in
business and just go along with their partners as they provide part
of the capital, like a sleeping partner. they have no clue on how
to do business, where to get clients, how much money needed to
sustain rental and labour costs etc.
moral of the story, most sportsmen businesses went bust, but
minority like wigan owner Noel Whelan JJB retails business in UK is
a classic case of sportsman make good, but that is only a handful
of successful sportsmen making a transition.
