Local players to get financial fit

Johannesburg - Old Mutual and the SA Football Players Union (SAFPU) signed a partnership that will see Old Mutual roll out its ‘On the Money’ financial wellbeing programme to football players to increase their financial knowledge and help them manage their finances better. 

Speaking at the symbolic signing of the partnership, Managing Director of Old Mutual’s Retail Mass Foundation cluster  Mr Bongani Madikiza, said: “We’re pleased to be able to contribute to the lives of the footballers by equipping them to make wise financial decisions and thereby also contribute towards building a strong national savings culture. We believe that what is good for South Africa is good for Old Mutual.” 

“We all know the tales about well-known, talented footballers who end up in dire situations because they mismanaged their finances.