Alvaro Dominguez: When you are a footballer you do not value money...One night I had a bill for 15,000 euros Football He was forced to retire early from injury

Former-player Alvaro Dominguez recalled how he easy it is to waste money and how he spent 15,000 euros on a night out, as he publicises a manual in collaboration with the Spanish footballers' Association (AFE) to help footballers better deal with their finances.

Dominguez was forced to retire at 27, while with Borussia Monchengladbach, due to injury and now tells how difficult it is for a young player to cope with the money that is suddenly thrown at them.

"It is a massive change and without education it is very difficult to know how to administer this money," he said.

"Footballers are often criticised but if you gave any guy in the street, who is often struggling at the end of the month, a million euros, then look at what happens. I don't think it would be any different from any footballer.

'When you are a player you don't value money. Cars each time more expensive, watches each time bigger. You take a private jet to go for a meal and you consider it normal.

"I am the first to have done it. I went out once with friends and found myself with a bill for 15,000 euros. It is normal that you think I am stupid but also it is something that you do once to realise it but you have to appreciate this is not the reality .

"The problem is that many lose their perspective and the exception becomes the rule."