Football Union Botswana (FUB) led by Kgosana Masaseng on Thursday engaged Mochudi Centre Chiefs on a workshop aimed at giving the players lifetime education on a variety of issues, chief amongst which, financial education.
The training which was held at the team village in Phakalane saw various representatives from Botho University, BBS, Botswana Federation of Trade Unions (BFTU) and Personal financing planning consultant, Oaitse Mathiba tips of how to manage their finances going forward.
The various speakers emphasised the importance of players investing in their future so they continue living normal lives even after retirement. “It is very advisable for you to plan for your finances and also create a savings account for your future, at least spare 40% of your income in the savings. You should be able to go for vacation and other things even after leaving football,” emphasised Mathiba.
He further encouraged the players to make sure that the little they get must be put in various investment wings like buying shares, acquiring appreciating assets like plots or get some certificates so after football they know they have something to sustain them.
It is well known that football is a short career and most players who were once idolized during their playing days live a very dispiriting life after retirement. Former South African star Benedict Vilakazi and some of the local players who have since hanged their boots can pay testament to this. After noticing this trend, FUB came up with the initiative and will visit various teams to impart to the players financial skills and education, as well as tactics for investing for their future lives after football.
The team was thrilled and expressed eagerness to know more about investing for the future. The team captain, Pontsho “Piro” Moloi who together with former Zebras striker, Diphetogo “Blanco” Selolwane participated in the workshop proceedings expressed his happiness for the session.
“This is welcome initiative and as players we are very thankful for this, we believe it is the beginning of our friendship with you going forward and we so hope you will come again in the future,” the veteran captain said. The team assistant coach and General Manager, Zaahid Jalal also said this will help them as a team as it was a team talk.
“Football is not just about tactics or getting into the pitch there are many factors considered and it is this workshops where the players are given motivation and life time skills. With this we become one thing and even results would come because we will have to have our team meeting.”
The Manchester United defender will now focus on his club career having made 93 caps for France, appearing at three world cups and on European championship. The Les Bleus won the World cup in 2018 and Raphael Varane started all but one of France’s matches in Qatar as they finished as runners up to Argentina
With many being of the view that the state of football in Botswana has deteriorated significantly as it is no longer appealing to the business community, this was a good week for the football community. The Botswana Football Association (BFA) leadership under the stewardship of MacLean Letshwiti secured sponsorship for a combined value of P19. 3 million for the FA Cup competition and the First Division league – both South and North.