Jermaine Pennant reveals he has lost over £10 MILLION in career earnings

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Jermaine Pennant has revealed he has lost over £10 million in income and even forgot he owned a house due to ADHD.

The former footballer, 39, who described himself as ‘financially illiterate’, said he squandered his fortune on dodgy investments and bad actors targeting him.

Speaking to The Sun, Jermaine also shared how he lost three homes and went bankrupt due to his money problems.

Candid: Jermaine Pennant has revealed he’s lost over £10m in income and even forgot he owned a house due to ADHD

He said, “Honestly, I could have been a billionaire and still screwed up. I made so many mistakes, but I didn’t know how to deal with them and didn’t think about the consequences of my actions.’

Jermaine revealed last year that he had been diagnosed with attention deficit hyperactivity disorder along with post-traumatic stress disorder related to childhood trauma.

The athlete’s ADHD caused him to forget he owned a house in Cheshire after leaving Liverpool for Spain’s Real Zaragoza.

However, he still paid the £1.2 million interest-only mortgage on the property which he allegedly bought on the advice of a fixer, who he claims swindled him.

Struggle: The former footballer, 39, who described himself as 'financially illiterate', said he blew his fortune on dodgy investments and bad actors targeting him (pictured with girlfriend Jess Impiazzi in November 2022)

Struggle: The former footballer, 39, who described himself as ‘financially illiterate’, said he blew his fortune on dodgy investments and bad actors targeting him (pictured with girlfriend Jess Impiazzi in November 2022)

ADHD is a behavioral disorder characterized by inattention, hyperactivity, and impulsiveness.

Symptoms usually appear at a young age and become more noticeable as a child grows.

Most cases are diagnosed in children under the age of 12, but some people are not diagnosed until adulthood.

According to the NHS, the causes of ADHD are not known, but the condition has been shown to run in families.

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Jermaine also described his lavish spending, saying he would think nothing of spending the money on a night out and once paid a £25,000 bar bill for his friends on a trip to Las Vegas.

Jermaine said, 'Honestly, I could have been a billionaire and still screwed up'

Jermaine said, ‘Honestly, I could have been a billionaire and still screwed up’

The footballer, who lives in Surrey with his girlfriend Jess Impiazzi, was declared bankrupt early this year with debts of more than £1 million.

Jermaine was also hit with a tax bill of more than £1 million in 2018, which he said he disputes and still doesn’t know what it’s for.

He said: ‘That is mainly what led to the bankruptcy. I had no idea what I was earning and what was coming off my account.’

Jermaine said he regrets his past behavior with money and advises younger players not to make the same mistakes.

Born in Nottingham, Jermaine burst onto the scene as a teenager and was signed at the age of 15 for a £2 million contract, making his debut for Arsenal at the age of 16.

He added:

He added: “I made so many mistakes but I didn’t know how to deal with them and didn’t think about the consequences of my actions” (pictured playing for Arsenal in 2000)

Past: The star said his biggest regret was being jailed for three months in 2005 for drunk driving (pictured in 2005)

Past: The star said his biggest regret was being jailed for three months in 2005 for drunk driving (pictured in 2005)

Tag: After 30 days in prison he was released and his club Birmingham City stood by him.  He became the first player to play in the Premier League with an electronic tag attached to his ankle

Tag: After 30 days in prison he was released and his club Birmingham City stood by him. He became the first player to play in the Premier League with an electronic tag attached to his ankle

He scored a hat-trick on his full Premier League debut at the age of 20. He later admitted to partying until 6am on the day of the game and won the game for his team’s hangover.

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Despite his extraordinary start, he made only five full starts for Arsenal in seven years and was loaned out to various clubs where his personal problems continued.

In 2005, he was jailed for three months for drunk driving while being disqualified after driving his friend’s Mercedes into a lamppost.

After 30 days in prison he was released and his club Birmingham City stood by him. He became the first player to play in the Premier League with an electronic tag attached to his ankle.

His football career continued with a big move to Liverpool which brought him even more money and even a Champions League winners medal before falling out of favour.

Condition: Jermaine revealed he was diagnosed with attention deficit hyperactivity disorder last year along with post-traumatic stress disorder related to childhood trauma

Condition: Jermaine revealed he was diagnosed with attention deficit hyperactivity disorder last year along with post-traumatic stress disorder related to childhood trauma

During a well-paid stint at Real Zaragoza in Spain, he forgot he had a Porsche and left it with a key on the seat outside a station.

After the penny dropped, he later picked it up by paying parking fines for five months.

After retiring from football, he made money from the latest run of Celebrity Big Brother and media commitments, including once being accused of being drunk on Sky Sports News.

Jermaine’s media company Jermaine Pennant Ltd, which was founded after his TV appearances on shows like Celebrity Big Brother, was wound up in 2020.

Property: The athlete's ADHD meant he forgot he owned a house in Cheshire after leaving Liverpool for Spain's Real Zaragoza

Property: The athlete’s ADHD meant he forgot he owned a house in Cheshire after leaving Liverpool for Spain’s Real Zaragoza

In his 2018 autobiography, Mental: Bad Behavior, Ugly Truths and the Beautiful Game, Jermaine made several confessions, including that his dog killed his ex-girlfriend Jennifer Metcalfe’s cat.

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He also shared how he and former Arsenal and Chelsea defender Ashley Cole had threesomes with girls.

Jermaine insisted he now regrets writing the book, saying it was another case of taking bad advice and not thinking about the consequences because of his ADHD.

The star said his biggest regret was being jailed for three months in 2005 for drink-driving while banned after he crashed into a lamppost while over twice the legal limit, and drove off with the pole passing under his car dragged.

WHAT IS ADHD?

Attention Deficit Hyperactivity Disorder (ADHD) is a behavioral disorder characterized by inattention, hyperactivity, and impulsiveness.

It affects about five percent of children in the US. About 3.6 per cent of boys and 0.85 per cent of girls suffer in the UK.

Symptoms usually appear at a young age and become more noticeable as a child grows. These can also be:

  • Constant fidgeting
  • Bad concentration
  • Moving or talking excessively
  • Act without thinking
  • Little or no sense of danger
  • Careless mistakes
  • Forgetfulness
  • Difficulty organizing tasks
  • Inability to listen or follow instructions

Most cases are diagnosed between six and 12 years of age. Adults can also suffer from it, but there is less research into this.

The exact cause of ADHD is unclear, but it is believed to involve genetic mutations that affect a person’s brain function and structure.

Premature babies and babies with epilepsy or brain damage are more at risk.

ADHD is also associated with anxiety, depression, insomnia, Gilles de la Tourette and epilepsy.

There is no medicine.

A combination of medication and therapy is usually recommended to relieve symptoms and make everyday life easier.

Source: NHS choices