Court Orders Auction of Former Chelsea and Ghana Midfielder Michael Essien’s Mansions amid debt crisis

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Two luxury properties owned by former Chelsea and Ghanaian football star Michael Essien are set to be auctioned following a recent directive from the Accra High Court. The Deputy Sheriff of the High Court’s Commercial Division issued the order on June 12, 2024, after a court ruled against the ex-midfielder.

According to a report from the Daily Guide, the mansions are situated at Stephen Quarshie Crescent, East Legon (House Number 9), and Trassaco (Phase 2), Adjiringano (House Numbers 204/205) in Accra. One of these lavish properties is estimated to be worth between $20 million and $30 million.

Essien’s financial difficulties arose from substantial loans he obtained from various banks and financial institutions in Ghana, as reported by Africa Soccer. The 41-year-old former footballer had a illustrious career playing for top clubs such as Chelsea, Real Madrid, AC Milan, and Lyon.

This development underscores a significant turn in Essien’s post-football life, highlighting the financial challenges he currently faces despite his successful career in international football.

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