Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


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ISSN 2071-789X

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Retirement planning: comparison between Polish and South African professional soccer players

Vol. 13, No 2, 2020

Manilall Dhurup

 

Vaal University of Technology,

South Africa

E-mail: royd@vut.ac.za

ORCID 0000-0002-8845-3527

Retirement planning: comparison between Polish and South African professional soccer players

 

Jhalukpreya Surujlal

 

North-West University

South Africa

E-mail: Babs.Surujlal@nwu.ac.za

ORCID 0000-0003-0604-4971


Sebastian Kot

 

Czestochowa University of Technology, Poland

North-West University, 

South Africa

E-mail: sebacat@zim.pcz.czest.pl

ORCID 0000-0002-8272-6918

 


 

Abstract. Retirement from playing professional sport is an inevitable outcome experienced by professional soccer players due to their limited time span within competitive environments. Preparing for retirement may unexpectedly occur (sometimes without warning, e.g., due to injuries) and may pose challenges for players. This study is an attempt to ascertain whether there are any significant differences in retirement planning between South African and Polish professional soccer players. The study is embedded within a quantitative research paradigm in order to discern such differences. Descriptive statistics were used to report on the demographic profile of the sample and t-tests were computed to account for the differences in retirement planning practices between professional soccer players in these two countries. The results of the study reveal that differences do exist in the retirement planning of professional Polish and South African soccer players. Based on the results of the study it is recommended that athletes should be aware of the type of support they will get from their organisations and plan for their retirement accordingly. The respective soccer clubs should also play a greater role in ensuring they support their players adequately and prepare them for a more stable future. Professional soccer players, particularly South African ones, should attend workshops and information sessions on retirement planning so that they can be better prepared for retirement.

 

Received: October, 2019

1st Revision: March, 2020

Accepted: June, 2020

 

DOI: 10.14254/2071-789X.2020/13-2/7

JEL ClassificationL83, Z2

Keywords: retirement planning, soccer, professional soccer players, Poland, South Africa