
EX-LIVERPOOL STAR JERMAINE PENNANT DECLARED BANKRUPT AFTER RACKING UP OVER £1m DEBT
Former Arsenal and Liverpool star, Jermaine Pennant has been declared bankrupt after accumulating debts of over £1million, according to reports.
The former Premier League player has reportedly received a one-year bankruptcy order from Birmingham County Court. He owes money to creditors like HMRC, councils, banks, and utility companies.
The media company Jermaine Pennant Ltd., founded by the 39-year-old after his TV appearances on shows like Celebrity Big Brother, was dissolved in 2020.
The former midfielder is now understood to have defaulted on his mortgage payments.
A source close to Pennant told The Sun: ‘He owes stacks of cash all over the place.
‘His debts are into seven-figures.
‘His debts to the taxman and banks are huge.
‘He has defaulted on mortgage payments and will likely have property repossessed.’
During his professional career, the former Arsenal player played for numerous clubs, including Birmingham, Liverpool, and Stoke. He also enjoyed six loan stints before his 2017 retirement from the game.
More Stories
JUST IN: LONE TANKER ACCIDENT ON OJUELEGBA BRIDGE, NO CASUALTY RECORDED
A tanker ladden with petroleum products has been involved in a lone accident on the Ojuelegba Bridge in Lagos. No...
NEW NOTES: POS OPERATORS CHARGE N1,000 TO PAY OUT N5,000
By Aishat Momoh. O. - As Customers Decry Inadequate Supply of Cash Despite the extension of the January 31st deadline...
RAIL LINE VANDALISM: TWO SUSPECTS ARRESTED IN LAGOS
By 'Leke Yusuf Men of the Lagos State Police Command in the early hours of Monday; arrested two suspects for...
UPDATE: BUHARI UNVEILS INLAND DRY PORT IN KANO
Agency Report In the Dala Local Government Area of Kano State, President Muhammadu Buhari launched the Dala Inland Dry Port....
SAUDI ARABIA NOT GIVING UP ON SIGNING MESSI AFTER SEALING RONALDO DEAL
Saudi Arabia is still trying to persuade PSG star Lionel Messi to join Cristiano Ronaldo in elevating their league, despite...
‘RUSH’ BY AYRA STARR MAKES ITS DEBUT ON UK OFFICIAL SINGLES CHART
By Adeniyi Onaara Nigerian superstar Rema has maintained his chart dominance, with his hit single 'Calm Down' reaching a new...