A former England international winger has been declared bankrupt after amassing more than £1.5 million in debt through his now-liquidated media company.
Liverpool legend John Barnes has fought off four bankruptcy petitions in the last 15 years but was hit with a bankruptcy order in the High Court of Justice last week.
“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,” reports The Independent.
Why has John Barnes been declared bankrupt?
Barnes reportedly paid a personal tax bill of £238,000 to see off a…