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Daily Mirror
Daily Mirror
Entertainment
Harry Thompson

Paul Gascoigne documentary: Gazza's net worth and lost fortune after blowing £20m

Paul Gascoigne 's remarkable life is set to be explored in the brand new BBC documentary, Gazza.

The 54-year-old is one of the finest footballers England has ever produced. In the National Football Museum, he is labelled as “widely recognised as the most naturally talented English footballer of his generation”.

As well as a phenomenal talent, he is also a huge character, a well-known personality famed for his iconic goal celebrations including the “ dentist's chair ” at Euros 96 and “ playing the flute ” while at Rangers.

Gascoigne played for a number of clubs, including Newcastle, Tottenham Hotspur, Lazio, Rangers and Everton in a career spanning 20 years.

Paul Gascoigne of England lifts his shirt to his face as he celebrates after the 1990 FIFA World Cup quarter final match between England and Cameroon (Getty Images)
Now more than 30 years later a new documentary looking into his life is due to be released (Adam Gerrard / Daily Mirror)

He also played 57 times for England, scoring in 10 from his position of attacking midfielder. An image of him in tears after receiving a yellow card against West Germany during the semi-finals of the 1990 Italy World Cup - a game England famously lost on penalties - is one of the best known in English football.

The image led to ‘Gazzamania’, with him snapping up Sports Personality of the Year after he returned from the competition.

But also after the World Cup, Gascoigne picked up an injury while playing for Tottenham that would go on to hamper the following years of his career.

He was extraordinarily unlucky, with the injury plaguing him for years.

What is Paul Gascoigne's net worth?

Gazza was one of England's finest talents (BBC / Western Edge Pictures / Allstar Picture Library Ltd / Alamy Stock Photo)
And is still adored by fans (Getty Images)

According to Celebrity Net Worth, Paul Gascoigne has a net worth of around £76,000.

As a professional footballer, he would have earned far more than this - he set a new British record as the nation's most expensive player when he was bought by Tottenham for £2 million.

This might not seem like much for someone at the top of one of the most lucrative sports in the world, and that's because he blew his enormous fortune.

It is no secret that Gazza has suffered through dark mental health battles and hasn't worked in football after he was sacked from managing Kettering Town in 2005.

He lasted just 39 days in the job with the club’s owner, Imraan Ladak, blaming Gazza’s drinking problems for the failure.

The former Tottenham man had said he would be there for the long haul, even offering to buy up a third of the club as a symbol of his commitment to making the project work long-term.

How did Gazza lose his money?

Paul Gascoigne and his son Regan, who won 2022's Dancing On Ice (© Zoë Savitz || www.zoesavitz.com || zsavitz@gmail.com || +44 7501 000 007)
And at a Euros '96 group match against Scotland (Getty Images)

As the latter parts of Gazza’s career wore on, he became increasingly inflicted by alcoholism, something he's spoken openly about in the past.

Gazza blew his enormous £20 million fortune over the years. Speaking to the Mirror in 2020 he said: “I’ve probably got through about £20 million when you take into account royalty payments, wages, sponsorship deals.

“I’ve bought some lovely clothes, jewellery, had some great holidays, I’ve really enjoyed it.

“I gave a lot of money away to family. I’m not materialistic.

“If I was to wind my life back, I’d do it all again. I am happy.”

Back in 2021, Gazza offered a glimmer of hope saying that he could now control his addiction and was drinking beer and wine but sticking clear of the spirits.

He has insisted that he will “always be an alcoholic”, but that he could now enjoy "a couple of glasses of wine or a few glasses of beer".

“I’m in a better place – it’s the happiest I’ve been for many years," he added.

"I’m content now, happy in myself. I’ve just had my first holiday in 15 years in Tenerife, and I’m enjoying myself for the first time in a very long time.”

The new documentary about Paul Gascoigne, Gazza, airs on April 13 at 9pm on BBC 2. Part two will arrive a week later at the same time on Wednesday, April 20.

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