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Published 15:07 14 Nov 2015 GMT
Updated 15:09 14 Nov 2015 GMT
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His company 'GF Biochemicals' is the first to mass produce Levulinic Acid (LA), which is said to be able to replace oil in all its forms.
'We are pioneers. We are opening a new market and it's a market potentially worth £20billion,' the footballer told The Sun.
Flamini told the paper he has always been environmentally-conscious and when he heard about the potential of LA to replace oil he started pouring his money into researching it.
Now the player has a factory in Caserta, Italy, which employs 80 people directly as well as operations in Milan and Holland. He said that his family and friends have only just found out about his venture.
The green product could potentially be used in the pharmaceutical, cosmetic, plastic and food industries, amongst others and could make him billions of pounds.
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