I think that flaunting wealth earned by doing something you have just publicly failed at
Huh, what? What? What? Have you ever even heard of football, prior to this year?
You realise that we don't keep Steven Gerrard in a cupboard between international football tournaments? He is the team captain for Liverpool. Now Liverpool isn't my team, and my team isn't even in the Premier League, so I'm not an expert here, but Liverpool are really bloody good.
In the 2013-2014 season, they nearly won the league. Manchester United only beat them by two points, and as they were part of the top three, they were automatically into the UEFA Champions League. For those of you who only care during the World Cup, that means that Liverpool FC did well enough to play internationally.
Gerrard is not holidaying on the proceeds of something he "failed at" (I don't consider qualifying for the World Cup failure either), he is holidaying on the proceeds on having done pretty well in his normal job.