John Barnes has been declared bankrupt after running up debts of more than £1.5m through his media firm.
A bankruptcy order was issued in the High Court of Justice last week before being published in the London Gazette on Tuesday.
The issue stems from his now-liquidated company John Barnes Media Limited, of which the Liverpool legend had been banned from being a director for three and a half years due to the debts.
Liquidators’ reports show he owed HMRC £776,878 in unpaid VAT, National Insurance, and PAYE, alongside £461,849 to unsecured creditors and a £226,000 directors loan. Barnes has so far paid back £60,000 after agreeing to return the directors loan in instalments.
The former winger, who was the first player to earn…