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Related: About this forumWimbledon champion Boris Becker declared bankrupt
Source: BBC
Wimbledon champion Boris Becker declared bankrupt
21 June 2017 Business
Three-time Wimbledon tennis champion Boris Becker has been declared bankrupt by a London bankruptcy court.
The 49-year-old owed a firm of private bankers a large sum and the court registrar said there was not enough credible evidence that he could pay.
Mr Becker's lawyers asked for a final chance to pay with the funds from remortgaging a property in Majorca.
Mr Becker, now a coach and TV pundit for the BBC and other media, was not at the hearing in London.
Registrar Miss Christine Derrett said it was "with regret" that she came to the conclusion that he could not pay.
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21 June 2017 Business
Three-time Wimbledon tennis champion Boris Becker has been declared bankrupt by a London bankruptcy court.
The 49-year-old owed a firm of private bankers a large sum and the court registrar said there was not enough credible evidence that he could pay.
Mr Becker's lawyers asked for a final chance to pay with the funds from remortgaging a property in Majorca.
Mr Becker, now a coach and TV pundit for the BBC and other media, was not at the hearing in London.
Registrar Miss Christine Derrett said it was "with regret" that she came to the conclusion that he could not pay.
[font size=1]-snip-[/font]
Read more: http://www.bbc.com/news/business-40358006
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Wimbledon champion Boris Becker declared bankrupt (Original Post)
Eugene
Jun 2017
OP
True Dough
(17,305 posts)1. Haven't read the full article
Is this a case of him blowing through his own money or another instance of a crooked agent who helped himself to the athlete's riches?
Eugene
(61,897 posts)2. He borrowed a lot of money.
Becker's advocate: "He is not a sophisticated individual when it comes to finances."
He's not broke, but he will probably have to sell some assets.
tazkcmo
(7,300 posts)3. He's not near broke.
He's just accustomed to a certain life style that due to his affluent past he is now entitled to for the rest of his living life. Austerity is for the little people.
joeybee12
(56,177 posts)4. He's had money problems for years
Probably like Borg, had no clue how to manage it.
dhill926
(16,339 posts)5. well....I sure think Djokovic could use him again....