Luis Figo lost more than half a million euros between 2022 and 2023 due to a crisis in one of his main companies, Damash Assets.
According to”confidentiality“, The former player decided to reduce his salary last year from 735,600 euros to 191,000 euros.down 544.6 thousand euros compared to what he received in 2022, due to the company's bad investments.
Vigo's assets are also seeing a significant decline. Last year, the company had assets worth around €13.6 million, which is €9.5 million less than in 2022, when they were around €23 million.
Since 2009, when he ended his playing career, Luis Figo has used the Madrid-based company Damash Assets to make investments in real estate and public relations services. In addition to this company, Figo also founded Damash Minerals, based in Costa de Caparica, which explores for iron in Senegal, Guinea and Burkina Faso, but has been expanding into Mali and Mauritania to extract gold, iron, phosphate, copper and bauxite.
Remember that Vigo had already experienced a panic with its main company in 2020, as a result of the coronavirus quarantine, losing 155,000 euros.
In addition to the significant salary cut as director of Damash Assets, Vigo is also facing another crisis this month. The former player was one of the main promotional faces for OmegaPro, a company now implicated in a global fraud scheme.which will affect about three million people.
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