Teko Modise: I Spent R50K on Sneakers and R22K a Month on an Aston Martin

Teko Modise: I Spent R50K on Sneakers and R22K a Month on an Aston Martin

Byron Pillay
June 6, 2023 at 3:55 PM
  • Teko Modise is best known for his time at Orlando Pirates and then his legendary run with Mamelodi Sundowns
  • Modise earned big money while at Sundowns and Pirates, but didn't know how to spend it very wisely
  • Dona said that he used to spend money on sneakers and a new car, but realised he was just wasting it

Professional footballers live the high life, but sometimes it’s not as rosy as it seems.

Former Mamelodi Sundowns and Orlando Pirates star, Teko Modise has opened up on how he spent his money when he was earning big and how he regrets some of the decisions he made.

Teko Modise, South Africa, Sport, World, Orlando Pirates, Mamelodi Sundowns, Cape Town City
Looking back at his career, Teko Modise admits that he made a lot of mistakes when it came to spending his money. Image: Clive Mason
Source: Getty Images

As noted by SuperSport.com, Modise revealed that he learnt the hard way when it came to spending money.

He earned big money at Orlando Pirates and then earned even more at Mamelodi Sundowns, never realising that, at some stage, the money would run out.

When he eventually stopped earning the big bucks, Modise scaled down his expenses and downgraded his lifestyle.

“I got a smaller apartment, I sold three of the four cars I had, and instead of spending R50 000 on sneakers, I would just get one pair,” The General explained.

He added that instead of buying a new car, he paid monthly for an Aston Martin because he didn’t know better.

“I had no business buying a car that cost me R22 000 a month. But the best education is experience. What I did taught me a lot about finances in general,” Modise added.

Modise lost friends afterwards

Dona added that once he trimmed his lifestyle down, he also lost friends.

"People started whispering that I no longer had the money, and as a result, I had just one friend left.”

Modise now educates others

As noted by Times LIVE, Modise is now using his experience to educate others. He runs a talent agency that helps emerging footballers.

Now a businessman and football pundit, Modise recently launched his own talent agency for emerging sports stars and gives them financial guidance. He explained that his move to Cape Town City humbled him. Modise joined the side in 2019 and retired after his time with the club.

“Playing for City, that move humbled me. I realised I didn’t have to prove anything to anyone, and that’s when I began to make smarter choices,” he explained.

Teko chats to Sports Brief

Sports Brief recently had the opportunity to conduct a blitz interview with Teko Modise.

The Bafana Bafana legend was unveiled as a new brand ambassador for Hollywoodbets, and chatted to the publication.

Modise is best known for his stints at Orlando Pirates and Mamelodi Sundowns, and is now a businessman and football pundit.

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Byron Pillay
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