U.S. Olympic diving star Greg Louganis has admitted to selling off his U.S. home and his gold medals so he could afford to move to Panama and leave the U.S.A. behind.

The openly gay Olympic legend, who won four gold medals and one silver between 1976 and 1988, told his fans of the move on social media, according to the New York Post .

“So, as life moves forward, what are you prepared to leave behind?” he wrote on Facebook as he explained his move to Panama.

He added, “I have auctioned three of my medals, which sold,” and added, “I told the truth; I needed the money.”

Louganis went on to admit that he did not have “proper management” and that is what left him having to sell his medals.

“If I had proper management, I might not have been in that position, but what is done is done;

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