Written By Themba Khumalo on Tuesday, June 28, 2011 | Tuesday, June 28, 2011
Siphiwe Tshabalala, has invested in a Fish and Chips franchise... whereas his club mate, Itumeleng Khune, has invested in a restaurant, Rhapsodys... now, before being critical, one needs to applaud the guys for taking a step in countering the possibility of being broke at the end of their careers... we are tired of seeing paupers who were once football greats.
Now, lets look at the "cons" of this move... granted, one has to start somewhere, and this is "somewhere" for these guys... however, is this a sustainable investment? Does that Fish & Chips franchise have staying power?
Like all the previous restaurants that lead with booze and night time, they tend to go out of fashion; will Rhapsodys be immune to that? And revenue doesn’t guarantee profit, the bottom line takes into account costs like rent, services, salaries, stock etc; one might end up with a deficit at month-end!
If one is looking to capitalise on monthly gains, investing in shares is probably not an option. Are our players not supposed to invest in stable companies? Or better still, are they not supposed to invest in property?
Don’t get me wrong, I’m happy for the guys, it is sustainability and return on investment that I’m concerned about!
By Sidwell "Feesh" Francis