Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Sunday 09 July 2023 4:08 pm  |  Updated:  Sunday 09 July 2023 8:20 pm

Gaizka Mendieta interview: Food, business and life after football

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Gaizka Mendieta (left) is an investor at Arros QD, the London paella restaurant run by Michelin-starred chef Quique Dacosta (right)
Gaizka Mendieta (left) is an investor at Arros QD, the London paella restaurant run by Michelin-starred chef Quique Dacosta (right)

Former Spain, Middlesbrough, Lazio and Valencia midfielder Gaizka Mendieta on finding a new passion in the restaurant business after a stellar football career.

When Gaizka Mendieta, one of the most lauded midfielders of his era, moved to Middlesbrough in 2003 he gave England a taste of the best that Spain had to offer. Now, 15 years retired, he is doing the same in a more literal sense through a string of restaurant ventures offering high-end Spanish cuisine to Londoners.

Mendieta is one of the investors in the popular chain Iberica, which is overseen by Michelin starred chef Nacho Manzano and has branches in Canary Wharf, Marylebone, Fitzrovia and Victoria. He is also a backer of a new paella-focused central London eatery, Arros QD, and a third brand, Mercado Central in Cambridge. 

“I saw the business opportunity. I wanted to be involved in something that was real,” Mendieta, who won 40 caps for Spain, tells City PM

“I love not only the food but the learning. I try to be involved as much as I can in the projects, from selecting venues, how we design the space – not so much on the chefs – but I like to have input.

“I’ve always been intrigued by business. With food, I was a client of Iberica and over time I got to know some of the shareholders. The opportunity came there and I took it. The food took me to the business, but I love both.”

Mendieta’s restaurants pride themselves on their authenticity. At Arros QD, three Michelin-starred chef Quique Dacosta imports Spanish wood from almond and orange trees and ships over his stock in tins in pursuit of the perfect flavours. It and Iberica attract a well-heeled crowd of regulars, among them footballers from Chelsea, Tottenham Hotspur and Fulham. 

“People from Valencia who live in London come and congratulate us. Believe me, for Valencia people to do that means a lot. I’ve grown up with paella. I never thought it would be part of my business life eventually, but there you are. When they talked to me about paella, I said ‘hey, wait, I know a little bit about that’,” he smiles.

Read more

England named most valuable squad at 2026 World Cup, ahead of France and Spain

Breaking news concept with typewriter and blank paper on wooden desk, symbolizing journalism and news article creation

Mendieta’s love of food comes from his background. He was born in the gastronomic hotbed of the Basque Country and grew up in the home of rice dishes, Valencia, where he made his name. Yet the former Barcelona and Lazio player, once one of the world’s most expensive players, had no plan to go into the hospitality trade when his career wound down.

“I invested in real estate, stock markets, the usual but I didn’t know what to do next. That was definitely something I didn’t want to do for the rest of my days,” adds the 49-year-old.

“They used to tell me, ‘there’s nothing in life like football’ – the adrenaline of being in a stadium of 90,000 people. It’s tough to find something like that.”

Gaizka Mendieta spent five years in English football at Middlesbrough and has stayed in the country
Gaizka Mendieta spent five years in English football at Middlesbrough and has stayed in the country

Restaurants give him a “different satisfaction”, Mendieta says. He divides his time between them, football media work and other ventures including Player4Player, which connects current and former footballers with trusted companies. He is also a member of AxisStars, a networking platform for athletes during and after their careers founded by former Manchester United and France forward Louis Saha. 

Mendieta spoke to City PM at a football match for AxisStars members who use the community to plan their next step, including Matt Jarvis, Rachel Yankey. Cherno Samba and Emma Beckett. Not everyone is as enterprising as the Spaniard, however, and he is passionate about helping other generations make the difficult transition to life after football and all its trappings. 

“A football career is maximum 20 years; 10 years maximum of great contracts, so you have to be very wise in how you invest that money to last you double or treble your age. It’s a long journey, not just financially but mentally,” he says.   

“Mentally it’s very tough. The drop-off is huge. If you don’t have routine and stability it can be tough. People don’t realise because [they see] fancy cars, fancy trips, fancy life but believe me there is more on the other side. Until you come to that place, it’s hard to appreciate. We need to help current players to appreciate this so that they’re better prepared.”

Read more

2026 World Cup: England only attract half as many bets as Norway to lift trophy

Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport Business
  • Food
  • Sport

Related Topics

  • Football
  • Football finance
  • Premier League football
  • Sport business
  • Sports money

Trending Articles

  • Billionaire Easyjet founder in line for £800m payday from takeover

  • The former African gold miner taking on the billionaire Issa brothers

  • Tesco ‘in talks’ to exit eastern Europe

  • Pension pressure to help swell UK debt to three times size of economy

  • As it happened: FTSE 100 slump as oil soars; Trump says Iran will be ‘hit hard’ tonight

More from City PM

  • England named most valuable squad at 2026 World Cup, ahead of France and Spain

    Sport Business
    Breaking news concept with typewriter and blank paper on wooden desk, symbolizing journalism and news article creation
  • 2026 World Cup: England only attract half as many bets as Norway to lift trophy

    Sport Business
    Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.
  • Yokohama F Marinos: City Football Group offloads second club in space of six months

    Sport Business
    A diverse group of business professionals engaged in a dynamic discussion in a modern conference room setting
  • Frying squad: England’s World Cup bid fuelled by cooking oil and leftover food

    Sport Business
    Getty Images logo on a digital display, representing the brands impact in digital media and stock photography industry.
  • Sunderland AFC chiefs in Stadium of Light expansion talks

    Sport Business
    Business professionals in a meeting room discussing financial strategies, with charts and documents on the table.
  • Ynyshir: Gareth Ward’s shrine to heavy metal cooking

    Food
    Gareth Ward at Ynyshir restaurant, showcasing culinary excellence, credited to Lafont Hospitality.
  • German FA HQ raided by police in bribery probe days after shock World Cup exit

    Sport Business
    Getty Images logo on a digital screen with a blurred background, representing stock photography and visual media services.
  • Football may not come home but US investors will still cash cheques here

    Sport Business
    GettyImages 2278935920 likely depicts a relevant scene or subject based on the unspecified context provided in the article.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook