The legendary English footballer John Barnes has declared himself bankrupt due to the debts of his business, which amount to 1.5 million pounds sterling.
The 61-year-old former player, whose company John Barnes Media Limited has faced financial difficulties, has come under the scrutiny of HMRC.
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His full name – John Charles Brian Barnes – is used in the bankruptcy notice. Information about this appeared in the London Gazette after a claim was filed by HM Revenue & Customs (HMRC) in early August.
On September 25, a bankruptcy order was issued in the High Court of Justice.
Barnes lives in Wirral, Merseyside. There, he is referred to as a “former…
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Liverpool legend John Barnes declared bankrupt after company runs up debts of $2 million Liverpool.com
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Credit card debt is one of the most common financial burdens Americans face in today’s economic landscape, as evidenced by the fact that the total credit card debt is now sitting at over $1.21 trillion nationwide. For many credit card users, this debt becomes harder and harder to deal with as the interest compounds. And, borrowers with limited income aren’t the only ones facing these types of…
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England and Liverpool legend John Barnes has been declared bankrupt after his media firm racked up debts of £1.5million.
It emerged Tuesday that the bankruptcy order was issued against Barnes, 61, by the High Court of Justice on September 23. The notice was published by the London Gazette.
The issue relates 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.
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Football icon John Barnes has been declared bankrupt after his company accumulated debts of £1.5million. The bankruptcy notice was issued following a petition filed by HM Revenue and Customs (HMRC) in early August. It was officially issued in the High Court of Justice on September 23. HMRC revealed that John Barnes Media Limited, his now-liquidated firm, had accrued debts surpassing £1.5million. Liquidators’ reports indicate that HMRC is due £776,878 in unpaid VAT, National Insurance, and PAYE, along with £461,849 to unsecured creditors and a £226,000 director’s loan.
The ex-Liverpool and England winger, who earned 79 caps for England, has faced numerous bankruptcy petitions since 2010, including one in 2023 over a £238,000…
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Company liquidation numbers remain high as tax debt collection has intensified following a more lenient approach taken during the Covid years.
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Credit trends are improving, though the number of company liquidations remain high as tax debt collection has intensified following a more lenient approach taken during the Covid years.
Credit reporting service Centrix said there was a 12 percent drop in the number of customers with debt arrears in August over July, or 1.8 percent on the year earlier.
“Consumer arrears, year on year have improved, and that’s a trend which is good. And if we start to see consumer sentiment improve, then that should flow through into businesses which will be a really positive…
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Liverpool legend John Barnes has been declared bankrupt after his company ran up debts of £1.5million.
The bankruptcy notice was published in the London Gazette on Tuesday, September 30 after a petition was filed by HM Revenue & Customs (HMRC) in early August. It was issued in the High Court of Justice on September 23.
The Mirror report that HMRC said John Barnes Media Limited, the former footballer’s now-liquidated company, had amassed…
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The Competition Commission of India (CCI) has approved Jindal Power Limited’s acquisition of debt-laden Jaiprakash Associates Limited, the Press Information Bureau (PIB) reported on Tuesday, September 30. The transaction, cleared under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016, is seen as a key step in resolving one of India’s major stressed assets.
According to the regulator, the proposed deal involves Jindal Power taking control of Jaiprakash Associates through the ongoing insolvency proceedings. A detailed order will be issued later, setting out the full terms of the approval. The clearance reflects the IBC’s role in enabling time-bound resolutions while…
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Quarterly Government Debt Management Prospect The Manila Times
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Fourth quarter 2025