Boris Becker.

[sully]

On the radio I'm sure I heard them say something about mortgaging his £6M home. How can you be declared bankrupt and own a £6M home FFS?

 

[Is it PotG?]

On the radio I'm sure I heard them say something about mortgaging his £6M home. How can you be declared bankrupt and own a £6M home FFS?

Mate of mine went bust 3 times. Always ended up with a nice house and cars.

 

[Seagulls over Essex]

He was served the bankruptcy in court today. They’ll have to call in the receiver.

I agree the media are going to love this and will take advantage. You’d have thought with his net income he would be set for life, how could he let this happen? I wonder if he will challenge the decision even though he’s clearly at fault?
This thread deserves a bounce.

 

[Seagulls over Essex]

When was he served the bankruptcy.
He will have to grow some balls and get a grip because bankruptcy can be a right old racket.
The net amount he owes means that bonking Boris will be in and out of the news but this will all be to his advantage.
His reputation is now on the line and he will expect a volley from media who will put a spin on it, he will need those that love him to rally round and offer him a backhander and hopefully he will make a return.

He was served the bankruptcy in court today. They’ll have to call in the receiver.

I agree the media are going to love this and will take advantage. You’d have thought with his net income he would be set for life, how could he let this happen? I wonder if he will challenge the decision even though he’s clearly at fault?

This thread deserves a bounce.

 

[LVGull]

He will be ok.

 

[Ravids]

I don't understand how this is possible? He won well over £10m in prize money during his career, the interest alone from that money would be enough to live on comfortably for the rest of your life.

 

[dangull]

You would have thought Djokovic would have been paying him a nice sum as well for being his coach until recently. Wouldn't be surprised if a gambling addiction may have some role in this.

 

[jamie the seagull]

If the house and car are in the wife's name, are they separate from his bankruptcy?

 

[theboybilly]

I don't understand how this is possible? He won well over £10m in prize money during his career, the interest alone from that money would be enough to live on comfortably for the rest of your life.

For YOUR life maybe but Boris mixes in different circles. He's likely been mollycoddled all his younger life and the majority of his dosh has been taken by hangers-on. They won't want to know him now. But he's not the first celebrity to walk this path and he won't be the last. He'll be alright - more than alright in fact

 

[W.C.]

Today I will mostly be commenting on threads about people called Boris.

 

[rocker959]

Mate of mine went bust 3 times. Always ended up with a nice house and cars.

I also knew someone who did the same . Owing so many people and suppliers . Then started again and repeated the whole scenario leaving many without their money . Never showed an ounce of shame .

 

[Tricky Dicky]

Declared bankrupt, just how do that,unless you have been badly advised ?

Bit of surprise when I read this story. I once played tennis against him, back in the day,

 

[KVLT]

I also knew someone who did the same . Owing so many people and suppliers . Then started again and repeated the whole scenario leaving many without their money . Never showed an ounce of shame .

Was it this guy?

 

[Weststander]

I also knew someone who did the same . Owing so many people and suppliers . Then started again and repeated the whole scenario leaving many without their money . Never showed an ounce of shame .

I suspect that was by using limited companies? Easily done, perhaps too easily.

Personal bankruptcy, as with Becker, is an entirely different matter. The debts may get cleared, but the individual can lose all their assets and it directly / indirectly adversely affects them in many ways for years afterwards.