Neven Subotic Faces Financial Strain While Funding Charity for Clean Water
Neven Subotic Will 'Soon' Go Bankrupt Funding Charity Foundation
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Neven Subotic, former professional footballer and founder of the Neven Subotic Foundation, is at risk of bankruptcy due to his commitment to funding clean water initiatives. He aims to provide access to clean drinking water for one million people by 2030, having already helped over 439,000 individuals, but acknowledges that his personal fortune is dwindling.
- 01Neven Subotic founded the Neven Subotic Foundation to provide access to clean water, particularly in Ethiopia.
- 02The foundation has already helped over 439,000 people access clean drinking water.
- 03Subotic plans to donate his entire fortune to the foundation but warns that he may soon face bankruptcy.
- 04He aims to provide clean water access to one million people by 2030.
- 05Corporate partnerships are crucial for sustaining the foundation's operations.
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Neven Subotic, a former footballer known for his time at Borussia Dortmund, founded the Neven Subotic Foundation in 2012, focusing on providing access to clean drinking water as a human right, especially in Ethiopia. So far, the foundation has successfully assisted 439,255 people in gaining access to clean water. Subotic's goal is to reach one million people by 2030, which requires significant funding. He has donated around €4 million (approximately $4.3 million USD) to the foundation, but he acknowledges that his personal fortune is diminishing as he covers all operational costs himself. His foundation's annual turnover has grown from €76,000 in its first year to nearly €5 million currently, thanks to corporate partnerships and an ambassador program. Despite his financial challenges, Subotic remains committed to his cause, stating, 'Indeed, my fortune will soon be depleted.' He expresses a desire to reconnect with his former manager, Jürgen Klopp, to reflect on their shared experiences.
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Subotic's commitment to funding clean water initiatives directly benefits communities in Ethiopia, where access to clean water is critical for health and well-being.
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