Itumeleng Khune has been an active footballer as a goalkeeper for a long time both for his country – South African – and in the Premier Soccer League. In the pursuit of his career as a soccer goalie, Khune has accumulated a net worth estimated around R21 million. While his football earning is his main income source, a substantial share is said to come from numerous endorsement deals through which he has amassed millions of rands over the years. With his massive wealth, it is not surprising that the goalkeeper has a taste for fast cars.
Itumeleng Khune has a Net worth in Excess of R21 million
From his lifestyle, one can easily deduce that the football player is earning handsomely both from endorsement deals and the contract he inked with the Kaizer Chiefs. The South African goalkeeper is rated in the same league as important soccer stars like Anele Ngcongca, Bernard Parker, and Siphiwe Tshabalala. As of the last review, his total net worth was estimated at R21 million with the potentials to appreciate in the nearest future as Khune keeps getting higher.
He Earns R480, 000 from Kaizer Chiefs Monthly
Upon inking his contract with the Kaizer Chiefs, the public was not furnished with the fine details of the deal with regards to monthly and yearly earnings. However, speculation pegged it at R470,000 monthly which was exactly his remuneration during the 2015 and 2016 seasons.
His market value in the soccer field started rising after the 2013/14 season and has continued to go higher since then. With the advent of 2020, speculation still pegged his football earnings below R500,000, but, there were reports that it rose to R480,000 per month. His annual take home is estimated to be around R5.6 million. While the soccer star’s football income is considered to be quite significant, it is far from being the highest contributing factor to his fortune.
Itumeleng has only Signed Contract Deals with one Club
Kaizer Chiefs is the only club that Itumeleng Khune has played with and it goes without saying that his contract deals start and end with the club. However, the details of his initial contract with the Chiefs were not brought to the public arena.
After his first contract with the Chiefs ended in June 2015, the goalkeeper was not quick to go for a renewal. Reason being that he really had to negotiate hard for a long period of time before they came to an agreement which saw the goalkeeper’s return to the club on the 30th of July 2015. Even the details of his 2015 contract are not known.
He Earns Millions from Brand Endorsements
The South African player has signed multiple endorsement deals which have continued to line his pocket with millions each year and send him to the bank grinning from ear to ear. By 2014, Khune already scored around six deals with each fetching revenue in the neighborhood of R750,000 to R1.5 million. As the years rolled by, he increased his endorsement portfolio, signing on more brands like Kentucky, Kiwi shoe polish, Vaseline For Men, etc.
Khune is equally a known Nike athlete and is also associated with Danone’s Dan Up. Since 2013, the soccer star has been pocketing millions of rands accruing from endorsement deals. However, he had to contend with serious injuries in 2015 that resulted in his missing out on both club and country games; this led to the loss of two of his endorsements. Though he didn’t let the public in on the particular deals he lost, he sure didn’t try to hide his frustration about the whole thing as it represents income leakage.
What Are Itumeleng Khune’s Business Investments?
His football earnings and endorsement deals notwithstanding, the South African footballer seem to have also earned a place in the business space. According to the soccer star, Cristiano Ronaldo is not just his role model in football, he also looks up to the legendary star in the business field. Oftentimes on social media, Khune describes himself as an entrepreneur supported by images of where he was seen having some board meetings.
Sadly, he seems to prefer to keep whatever business he is involved in under lock and key. However, we know that he has a younger brother named Lucky Khune who is well established in the transport business and runs a scrapyard. This has led fans to speculate that Itumeleng may be in the same business as his brother, but this is left to be seen.
Does Itumeleng Khune Really Own a Restaurant?
Itumeleng doesn’t really own a restaurant but bought a 20% stake in an up-market Rhapsody’s restaurant located in Sunnyside of Pretoria. This according to him is in preparation for life after football. Besides, he has also advised his colleagues in football to invest wisely so as to keep afloat at the end of their football career which will surely end as nobody plays soccer forever.
Itumeleng revealed his plans to invest further by acquiring additional shares in other restaurants. The goalkeeper has his eyes on Polokwane, Pretoria, and Bloemfontein as viable areas for investments.
For now, his net worth is funded by
• Football earnings
How many fast Cars has Itumeleng Khune Spent On?
Itumeleng will always be distinguished for his goalkeeping skills and numerous endorsement deals, however, there are people who know him for his love of fast-moving automobiles. His love for posh cars is evident in the manner he keeps acquiring them as if money is not hard to earn and his taste runs to the very expensive and classy ones.
Thanks to his club’s sponsorship deal with the likes of Nissan, Khune had the privilege of cruising around in a Nissan Juke, a 5 seater family SUV which is worth about R320,000. The car has special features like:
- CVT transmission
- 114 – 214ps maximum power output
- 12 – 18km/L fuel consumption
- 1,498 – 1,618cc engine capacity
- AWD/FF drive
BMW 1 Series
The soccer star also drives a 5 seater hatchback BMW 1 Series valued between R370,000 and R700,000; this made fans believe Itumeleng has a thing for German automobiles. His BMW ride has
- 1995 cc diesel engine
- CRDi fuel supply system
- 4 cylinders
- Turbo charger
- 8-speed gearbox
- 16.5:1 compression ratio
- Automatic transmission
- 148bhp@4000rpm maximum power
- 320Nm@1500-3000rpm maximum torque
Still with a test for German automobiles, Khune is the proud owner of an Audi RS3 which is unique for its
- 2.5-liter TFSI® turbocharged engine
- 394 horsepower
- 354 lb-ft of torque
- digital 12.3-inch instrument display
- Customizable Audi virtual cockpit
- Google earth access
Mercedes-Benz C43 AMG
The soccer star also has as part of his fleet, a Mercedes-Benz C43 AMG, with a value estimated at R1.1 million. The benz has features like
- 385 hp @ 6,100 rpm
- 384 lb-ft @ 2,500-5,000 rpm
- AMG-enhanced 3.0L V6 biturbo
- 10.5:1 compression ratio
- AMG SPEEDSHIFT® TCT 9-speed
- AMG Performance 4MATIC all-wheel drive
- 4-wheel independent, AMG RIDE CONTROL Sport Suspension with 3-stage damping
- Rack-and-pinion with electromechanical power assist
- 39.7 ft, curb to curb
Jeep Grand Cherokee
Besides, we are yet to factor in his Jeep Grand Cherokee valued at R807,900. It should be noted that the Jeep Grand Cherokee is one car many PSL players drive around.
- 3.6 Liters engine capacity
- V-6 engine type
- 293 horse power
- 260 Lb-Ft. torque
- 4000 horse power rpm
- 18.5″ turning radius
- Four wheel drive
Though we don’t have the details of when Itumeleng got each of his cars, summarily, his fleet include:
- Nissan Duke valued at R320 000
- BMW 1 Series valued between R370, 000 to R700, 000
- Audi RS3- R800 000
- Mercedes C43 AMG – R1.1 million.
- Jeep Cherokee valued at R720 000