John Barnes declared bankrupt - a further addition to the list of famous bankrupts
The Guardian newspaper has reported that John Barnes the ex- Liverpool player and recent Tranmere manager, has been declared bankrupt by a Liverpool insolvency court. His name can now be added to this blog's list of famous bankrupts. The Guardian article is written by Mark Tallentire and is entitled, "John Barnes declared bankrupt by a Liverpool insolvency court." The piece notes:
"John Barnes, the former Liverpool and England winger, has been declared bankrupt by a Liverpool insolvency court only days after he was fired as manager of Tranmere Rovers.
Barnes, 45, gave his occupation as a 'provider of media services, lately a footballer'. He was declared insolvent and will be discharged on 14 October, 2010.
The hearing took place five days after Barnes' dismissal from Prenton Park, where his side lost eight of the 11 games under his control. Barnes had quit as manager of Jamaica in May to take over at the League One club, who are local to him.
It was the culmination of an unhappy career in management for Barnes, who had a lucrative playing career, winning 79 England caps and twice winning the Footballer of the Year award..."
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...