It has been announced today that Liverpool defender, John Arne Riise, has been declared bankrupt by the courts for an unpaid debt of around £100,000.
It is believed that Riise earns around £50,000 a week, yet was still declared bankrupt at Liverpool County Court on Tuesday. The 27-year-old is listed as a bankrupt on the government’s Insolvency Service website. Legally, a bankrupt is a person who has debts they cannot pay. It names Riise, gives his address, but fails to list his occupation, giving the ‘status’ ‘Currently Bankrupt’.
Riise has been involved in a legal battle with Einar Baardsen, his former agent, over how his fortune has been invested.
It has been reported that the case has been linked to an alleged £3million fraud investigation currently going through the courts in Riise’s native Norway. It is understood Riise may be liable for debts incurred from failed business enterprises, including a hotel.