Former footballer and manager Iain Dowie is facing possible bankruptcy after being taken to court by HM Revenue & Customs. The 60-year-old, best known for coining the term “bouncebackability” during his managerial days at Crystal Palace, has been hit with a bankruptcy petition and is due to appear before the High Court in the coming…
By TAMARA PRENN, SENIOR SPORTS REPORTER Published: 18:24 AEST, 13 October 2025 | Updated: 18:28 AEST, 13 October 2025 A former Premier League boss is believed to be facing bankruptcy after being hit with a petition from HMRC, according to reports. The 60-year-old, who managed a number of top-flight sides, is thought to be due…
In a recent ruling, the Bombay High Court held that the moratorium imposed under the Insolvency and Bankruptcy Code, 2016 (IBC) does not bar criminal proceedings against natural persons, such as directors, for offences committed under the NI Act, even if the insolvency proceedings were initiated prior to the cheque’s dishonour. The Court allowed a…
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A former England rugby star has jumped to the defence of Liverpool legend John Barnes, who didn’t play in an era when football was awash with money, and has been declared bankrupt John Barnes has been declared bankrupt after amassing debts of £1.5million(Image: Getty Images) John Barnes needs guidance, not criticism, after being declared bankrupt,…
“Post the GFC there was a clear general decline in terms of insolvency appointments, and that dropped even further off the back of Covid and the pandemic,” Johnstone said. “But what you’ll be seeing now, and we’re certainly seeing across RITANZ’s members, is that those insolvency appointments are now starting to increase to the point…
Former England international and Liverpool legend John Barnes has been declared bankrupt after his media company built up £1.5million of debt Abbie Meehan Sports Writer U-35s and Chris Burns Senior Sports Writer 08:00, 12 Oct 2025 John Barnes has spoken about his financial troubles(Image: Serena Taylor/Newcastle United via Getty Images) John Barnes has been declared…
John Barnes needed an intervention before being declared bankrupt, according to a fellow retired sports star who has worked with the Liverpool and England legend. HM Revenue & Customs (HMRC) recently announced John Barnes Media Limited, his now-liquidated company, had amassed debts exceeding £1.5million. Liquidators’ reports show HMRC is owed £776,878 in unpaid VAT, National…