FAZ president Andrew Kamanga has challenged footballers to prepare for their retirement.
Speaking during the financial literacy training workshop for footballers at Moba Hotel in Kitwe on Friday,Kamanga said it is unfortunate that most players become destitute when they retire.
He said there is need for most players to change their mindset regarding financial management.
“My advice to you is that put away a bit of money, save to invest in things like a house, this is a guarantee that you will not be forced into destitution after your days on the pitch are over,” Kamanga said.
Barclays Bank Zambia head of marketing and corporate relations Mato Shimabale urged footballers to practice prudent management of their finances.
Shimabale said there is need for players to secure their future through saving and investment in assets because football was a short career.
“We want to help players like you to mitigate the problems you face after you retire because you failed to make prudent use of your money in your playing days.
You have a very short career and you need to start planning for your life after football, that day is coming when you career will end, so we want to help not dread retirement but look forward to it,” Shimabale said,
The workshop was attended by players from Power Dynamos, Nkana, Kitwe United and Nchanga Rangers.