A Premier League flop is reportedly on the verge of becoming a billionaire thanks to his successful side business., went on to become the CEO of Forterro, a major software firm which was bought for a huge $1 billion last year, which took Forbes’ net worth up to £40 million.Spaniard Jose Ignacio Peleteiro Ramallo, commonly known as Jota, spent time playing for the likes of Brentford, Birmingham City and Aston Villa during his time in English football.
It has been reported that his company is in the process of entering a partnership with the Spanish government and is on course to be worth £600 million in 2025.back in January, 32-year-old Jota said: “Football should make personalities stand out. I was doing what the manager said, but I didn't enjoy it. It was a difficult decision because I was saying no to so much money, but I had loved football so much it was never about the money.
He added: “The value of the company is now worth 10 times more than the money I invested. I am already taking offers, but I know they won't even be one per cent of its value in three years. We are in negotiations with a lot of governments around the world because they want the technology and we are industry leaders. We are talking to big companies in America and we are moving quicker than we thought.
“We are like the iPhone. Before that, you had letters, fax machines and telephones, but the iPhone puts it all into one and doesn't cost too much and will be better quality. We did the same in agriculture with all technology on one machine. Our profit projections will be so big, no matter how much money someone offers me , it will not be enough.”A little-known rule means that two English sides may face one another in the first round of the Champions League.
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