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"Scud's fortune gone on girls and cars"

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Solly

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"Tennis star Mark Philippoussis has poured his heart out, revealing he is almost broke and faces a battle to keep his home.

Davis Cup hero Philippoussis - who has earned more than $8 million on the court and millions more off it - is being sued for failing to pay the mortgage on his re-financed Williamstown home in Melbourne"

http://www.news.com.au/dailytelegraph/story/0,22049,25562861-5001021,00.html

And now he lives at home with his mum, how could this have happened?
 
Solly said:
And now he lives at home with his mum, how could this have happened?
Click to expand...

Happens to anyone that spends more than they earn, and does not set aside a percentage of earnings for good long term investments. What a turd.
 
He had a good run of money and pretty faces. Gotta be happy about that. His folks will be able to support him until he gets back on his feet again.

He should release the house burden too.
 
Pretty misleading title when you read the article.

Are you an editor for the Herald Sun?
 
When your outgo exceeds your income then your upkeep will be your downfall.

 
It never ceases to amaze me how some pensioners can live on $284 p/w and do ok and yet a guy with $8 million can end up with finance companies chasing him. Unbelievable situation that someone could blow so much. Looks like you might need to get a job "Scud" just like all the other punters, it's back to the real world.
 
Wysiwyg said:
He had a good run of money and pretty faces. Gotta be happy about that. His folks will be able to support him until he gets back on his feet again.

He should release the house burden too.
Click to expand...
Given the money he must have earned during the good years, he should be supporting his folks, not the other way around.
 
Must be time for a burst of that good old aussie malody, "tall poppy syndrome". Envy is like a cancer, it will eat your heart out. God luck to him, he enjoyed to good life, bedded some famous (and good looking)women and now the money is running out. I'm sure he will bounce back. Maybe hook up with some rich american couger and start a tennis ranch. Isn't that what Newcombe did?
 
Julia said:
Given the money he must have earned during the good years, he should be supporting his folks, not the other way around.
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I've got the feeling he has been supporting them and others for awhile now.
 
Never liked him, always thought he was a bit of an idiot, and I was right.

Hero ??? that word has lost all meaning thanks to the media.
 
nulla nulla said:
Must be time for a burst of that good old aussie malody, "tall poppy syndrome". Envy is like a cancer, it will eat your heart out.
Click to expand...

How about nulla - 'A fool and his money are soon parted'.

Seems more suitable.
 
Maybe he'll write a tell all "Me and delta" or "I said no to Paris". I'm sure the local fluffers and magazines will serialize it for a small fortune. Struth, he has probably got a video put away of him giving them a "serve" (scuse the pun).
 
Me too....I am also in the same boat. Most of my money I spend on wine, women, song & slow racehorses. The rest I squandered.
 
Poor Poo. He has to sell his multimillion dollar house to pay off debt. Boo hoo, Poo.

Too much money too young, and probably not advised and supported well enough.

Sad ending to a sporadic but very good career.

Going on ACA must be the ultimate loser proof.

Poor Poo.
 
i recall he bought a ferrari at a very young age, he had no license to drive a car, when he came to melbourne he did not like the color, so purchased a new one and sold the other for a loss. seems things got worse
 
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