England and Liverpool legend John Barnes has revealed a series of bad investments around the world – including in Brazilian coffee – had contributed to him being declared bankrupt.
Barnes was declared bankrupt back in September, after his media firm racked up debts of £1.5million.
The issue related to his now-liquidated company, John Barnes Media. The ex-footballer had previously been banned from being a director for three and a half years relating to the debts.
Barnes has received six separate bankruptcy petitions since 2010. He was previously declared bankrupt in 2009, which he described as a ‘tax oversight’, with the order eventually overturned.
The winger has spoken openly about his financial affairs, revealing last year has been…