EPL legend, 47, set to make £14MILLION by selling incredible rare Ferrari

FORMER Chelsea star Michael Ballack is set to sell his ultra-rare Ferrari for a whopping £14million.

Ballack, 47, bought the car 16 years ago during his time at Stamford Bridge.

He made the investment after forming a close friendship with Formula One legend Michael Schumacher, who drove for Ferrari at the time.

The 250 GT SWB California Spider has a top speed of 145mph and boasts a 0-60mph time of 7.2 seconds.

It is set to be auctioned for up to £14m - more than double Ballack's total transfer fees.

The ex-midfielder kicked off his career in 1995 and joined Kaiserslautern in a £60,000 transfer two years later.

He then joined Bayer Leverkusen in a £2.1m move before Bayern Munich snapped him up for £5.1m.

Ballack joined Chelsea on a free transfer in 2006 and spent four years in west London.

The former Germany international ended his career back at Leverkusen following another free move.

His transfer fees totalled just over £7m.

Ballack also made 98 appearances for Germany, scoring 42 goals.

He is now looking to sell his beloved Ferrari at an auction in California.

An RM Sotheby’s spokesperson said: "Not very often do you come across a car that checks all the boxes of what makes an automobile exceptionally collectable like this California Spider does.

"As an icon amongst icons, it holds a unique place in Ferrari history as the very first 250 GT SWB California Spider ever built and holds remarkable provenance as Ferrari’s factory show car at the 1960 Geneva Motor Show.

"Its current owner, German football star Michael Ballack, has cherished and maintained it for the past 16 years.

"Ballack, at the peak of his career, developed a close friendship with fellow German athlete legendary Formula 1 Driver Michael Schumacher and through this friendship Ballack’s passion for driving and Ferrari as a brand deepened.

"Not only for contemporary models, but also for the best examples of classic Ferraris."