Making the Money Work: Boxer Anthony Ogogo on what happened after the London Olympics

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 21 January 2020

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this second Making the Money Work episode, Andi Peters and Simon Lambert talk to Olympic bronze medal winner and former professional boxer Anthony Ogogo about how people fund a boxing career and whether an Olympian makes much money.

Anthony tells us about building his boxing career and how an amateur boxer has to support themselves on a shoestring – even when they are heading for the Olympics.

He discusses his subsequent professional career and how after injury forced his retirement, he is swapping the boxing ring for the wrestling ring.

The 30-year-old was one of the sportsmen and women celebrated by Britain as the nation enjoyed the thrill of the London 2012 Olympics and a slew of medals.

Then aged 23, the middle-weight boxed his way to a bronze medal to add to the gold that he had won in the Junior Olympics in 2004.

Anthony, who was also a promising footballer who played for Norwich City’s youth team, had taken up boxing at the age of 12 and by the time he arrived at the London Olympics he had also won a silver medal at the 2010 Commonwealth Games.

He turned professional after the 2012 Olympics and had a short but successful career in which he challenged to be world champion.

He suffered a number of injuries before a fractured eye socket forced his retirement from the sport in 2019, with 11 wins and just one loss in his professional career.

In a statement on his retirement, Anthony said: ‘I’ve been through a lot in my career. I’ve had 17 operations and suffered every pain imaginable. I’ve won, lost, cried and hurt. But if you were to ask me would I do it again? In a heartbeat. I love this game’

He signed off with the words ‘Never give up’.

Anthony discusses how he got through hard financial times when he was injured, why he’s been careful with money and tried to save, and what it’s like being a cash-strapped up-and-coming fighter in the boxing world where those at the top are making millions.

Unable to box anymore due to his eye problems, Anthony is now on the path to a new career as a professional wrestler with All Elite Wrestling and he tells us how he intends to build that and what his financial resolutions for the future are.

About Making the Money Work

In our new podcast series Making the Money Work, in partnership with the Financial Services Compensation Scheme, we talk earnings, budgeting and savings with those whose lives and finances roam far from the norm.

The five podcasts are hosted by Andi Peters, alongside This is Money’s Simon Lambert, and every fortnight over the next ten weeks you can listen to a new interview with a different special guest about their financial lives.

This is Money’s Podcast will continue to appear each Friday as usual, and the Making the Money Work podcasts will be published fortnightly as a bonus episode in the feed.

Transcript

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0:00.0	Hello, I'm Simon Lambert, the editor of This Is Money, and this podcast is the second episode in the Making the Money work series sponsored by FSCS.
0:08.0	On these shows, I join host Andy Peters and a fascinating range of guests with unconventional lives and finances to find out how they make their money work.
0:16.5	The five episodes will be arriving in your usual This Is Money podcast feed over the coming weeks.
0:21.4	We hope you enjoy listening to them and learning about some lives less ordinary.
0:25.1	This week, we speak to former Olympic boxer, Anthonya Go-Go-go.
0:29.7	This podcast is brought to you in association with the financial services compensation scheme.
0:35.2	Check your financial products are FSCS protected. Visit fscs.org.
0:39.4	Dot UK forward slash this is money to find out more.
0:43.5	Hello and welcome to making the money work. I'm Andy Peters and in this series we'll be entering
0:48.2	the fascinating financial worlds of high profile people with unusual portfolio careers.
0:53.2	That could be you, Anthony, actually.
0:54.7	Anyway, most of the stream of ditching the nine to five to finally write a novel, become an
0:59.2	influencer or swim the English channel. I haven't dreamt of any of those. I just want to be a boxer.
1:03.8	But one thing stops us and that is, of course, money. We feel obliged to bring a monthly pay pack
1:08.3	back home. After all, we've got pensions to plan for, bills to pay
1:11.8	and mouths to feed. I don't have any children yet, so I'm got any mouths to feed, Simon.
1:15.8	I've got two children. They do definitely cost money, and I'm not sure I'd earn enough
1:19.7	swimming across the channel to pay it. Simon is our top financial expert who knows everything
1:25.0	about everything to do with the money, and you've got your own podcast this is money haven't you we do have the this is money podcast yes where we tell you all the stuff
1:31.3	you need to know about financial things every week so not everybody has a regular income
1:35.2	simon some people might get money some weeks not others why is it important that when we have
1:40.2	got our money and we have got our savings that they are protected by the FSCS. Because if you work really hard and you spend all that time and effort saving up your money,
	...

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