Michael Essien, the former captain of Ghana’s national team, is facing significant financial difficulties as two of his properties are set to be auctioned following a court directive.
The High Court’s commercial division deputy sheriff sanctioned Essien on June 12, 2024. The affected properties, located in prestigious neighborhoods of Accra, Ghana, include house number 9 on Stephen Quarshie Crescent, East Legon, and houses 204/205 in Trassaco (Phase 2), Adjiringano.
One of these properties is estimated to be worth between 20 and 30 million dollars, according to an anonymous auctioneer as reported by Ghana’s The Daily Guide Network.
This financial setback comes despite Essien’s successful football career, which included stints at top European clubs and substantial earnings.
Ghanaian journalist Saddick Adams provided insight into the situation, clarifying misconceptions about Essien’s financial obligations. “It’s important to note that Michael Essien did not take out a loan. There were misleading reports suggesting he was indebted due to various loans, but in reality, it was a mortgage deal signed while he was playing,” Adams explained, as reported by Ghanaweb.
Adams further clarified that Essien had been making payments gradually, “but eventually, the payments expired, prompting the property owner or financial institution to reclaim the property.”
Michael Essien’s journey from a promising talent at the FIFA U-17 World Cup in 1999 to a celebrated midfielder in Europe reflects a dazzling array of achievements interspersed with recent challenges.
He burst onto the scene with his performances in New Zealand, catching the eye of European scouts, leading to a trial with Manchester United in 2000. Although a work permit obstacle prevented him from joining the English club, Essien moved to France where he signed with Bastia, making his league debut in September 2000.
His career trajectory took a significant turn when he joined Lyon in 2003, followed by a move to Chelsea where his trophy cabinet expanded to include the Premier League, FA Cup, Champions League, Europa League, League Cup, and Community Shield.
Despite such an illustrious career, Essien’s post-retirement phase has been marred by these financial difficulties.
Michael Essien also made a memorable contribution to Ghana’s national team, participating in the FIFA World Cups of 2006 and 2014, retiring from international football in 2018.
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