Cafu, the former Brazil captain and two-time World Cup winner, was declared bankrupt in 2019 after debts and failed investments damaged his family’s finances. Five family properties were seized, while 15 other assets were temporarily frozen, the report says.
Since then, Cafu has stabilised his finances and settled most of his outstanding debts, according to the update. His case is a reminder that a glittering career does not guarantee security after retirement, particularly when business ventures fail.
Barnes has blamed misplaced trust for debts reportedly between £1 million and £1.5 million. His experience contrasts sharply with his playing success at Liverpool and England, showing how quickly fortunes can change when financial decisions go wrong.
Ronaldinho, Cafu’s Brazil team-mate, also faced serious difficulties after retirement. The former Ballon d’Or winner reportedly saw properties and luxury vehicles seized, and spent time in jail amid legal and financial problems.
George Best’s struggles were both personal and financial. He died in 2005 while reportedly owing £450,000, including money connected to his hospital care and mortgage.
Former Manchester United defender Wes Brown was declared bankrupt in 2023. The report links his difficulties to a costly divorce and property investments, including a farm that remains unsold.
These stories are not identical, but they underline the risks that can follow fame and high earnings. Cafu’s recovery offers a more hopeful turn; the next test is whether more former players can find trusted financial support before problems become crises.