According to the Daily Mail, Liverpool legend John Barnes was declared bankrupt by the court on September 23 due to his media company's debt of £1.5 million. Previously, he had been banned from serving as a director of the company for three and...
According to the Daily Mail, Liverpool legend John Barnes was declared bankrupt by the court on September 23 due to his media company's debt of £1.5 million. Previously, he had been banned from serving as a director of the company for three and a half years and had received six bankruptcy filings since 2010.
It is reported that its debt includes £776,878 due to the General Administration of Taxation and Customs, £461,849 due to unsecured creditors and a £226,000 loan for directors. The survey shows that its company's turnover reached £441,798 between 2018 and 2020, but did not pay any taxes.
Barnes previously revealed in a podcast that he lost £1 million to £1.5 million for trusting others. He claimed that he had repaid about £2.2 million since 2017 and still paid £10,000 a month, stressing that he had no assets anymore.
