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Digger Declared Bankrupt

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Vlads Quiff

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Hmmmmmm

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. He was still at Watford when he was first capped for England and after his golden years at Liverpool he moved to Newcastle in 1997 and appeared for them as a late substitute in the 1998 FA Cup final, becoming one of a handful of players to appear for three clubs in the Wembley showpiece game.

After finishing his playing days at Charlton Barnes moved to Celtic in tandem with Kenny Dalglish and had a disastrous spell in charge, culminating with an infamous defeat by Inverness Caledonian Thistle in the Scottish Cup in February 2000. He then worked as a pundit for ITV and ended up with his own show, John Barnes Football Night, on Five on Thursday evenings.

Barnes did achieve relative success with Jamaica, taking them to first place in the 2008 Caribbean Championships, but lost the Tranmere job after a 5–0 defeat at Millwall. The team have since won under the caretaker, Les Parry, who has been able to call on Zoumana Bakayogo, a French left-back from PSG who has been man of the match in both his games and who was unable to play due to a delay over his international clearance. "I owe John a lot as he took a chance on me by signing me and I wanted to repay his faith," he said.
 
Surely he's due a payout from his contract anyway?

Where's all his money gone?
 
[quote author=Squiggles link=topic=36579.msg967506#msg967506 date=1256113330]
Surely he's due a payout from his contract anyway?

Where's all his money gone?
[/quote]

That was my thoughts too.
He seems to have kept a fairly high profile. Jamaica job, TV show, TV pundit, and although not in the same money in the game when he was around it was getting there

regards
 
he was the first player to earn £10K a week so thats with bonuses probably up to £700K a year.

If he fucked all that away then its his own fault, boom and bust modern society can hit all sorts of folks

shame
 
Does seem a bit odd. He rarely seems to have been without work of some kind and as far as I know never had any kind of drink or drugs problems and his suits looked like the kind of things you would have to be paid to wear if anything.

His divorce might have cost him a fair bit I suppose, and maybe he made a few stupid investments here and there
 
[quote author=Richey link=topic=36579.msg967544#msg967544 date=1256115517]
Does seem a bit odd. He rarely seems to have been without work of some kind and as far as I know never had any kind of drink or drugs problems and his suits looked like the kind of things you would have to be paid to wear if anything.

His divorce might have cost him a fair bit I suppose, and maybe he made a few stupid investments here and there
[/quote]

Ha yes, they always look two sizes too small, like they were ones he had from when he was playing

regards
 
[quote author=Vlads Quiff link=topic=36579.msg967547#msg967547 date=1256115609]
[quote author=Richey link=topic=36579.msg967544#msg967544 date=1256115517]
Does seem a bit odd. He rarely seems to have been without work of some kind and as far as I know never had any kind of drink or drugs problems and his suits looked like the kind of things you would have to be paid to wear if anything.

His divorce might have cost him a fair bit I suppose, and maybe he made a few stupid investments here and there
[/quote]

Ha yes, they always look two sizes too small, like they were ones he had from when he was playing

regards
[/quote]

So the signs were there. He obviously couldn't afford new God awful suits and had to wear 10 year old ones. Poor John.
 
maybe this is the reason why he has agreed to re-do his RAP for England £££££
 
I was round me mates house in heswall the day after he was fired. Appaz his gaff went up for sale the day before as he lives round the corner.
 
Apparently it was due to a "tax oversight" and he is trying to resolve it

He is skint though apparently. Just wasted it all on cars and stuff.
 
[quote author=Richey link=topic=36579.msg967782#msg967782 date=1256134621]
Apparently it was due to a "tax oversight" and he is trying to resolve it

He is skint though apparently. Just wasted it all on cars and stuff.
[/quote]

"stuff " ? Richey
 
He probably lost it all on the stock market or something. Lots of people who aren't as clever as they think they are lose their money that way. I love Barnes from his time as a player but he's not as clever as he thinks he is.
 
[quote author=gene hughes link=topic=36579.msg967829#msg967829 date=1256139457]
He probably lost it all on the stock market or something. Lots of people who aren't as clever as they think they are lose their money that way. I love Barnes from his time as a player but he's not as clever as he thinks he is.
[/quote]

It could also be that he got caught with his strides down on more than one occasion and his Mrs divorced him, that was not clever either. Recycling your old suits even if they don't fit you on the other hand is

regards
 
[quote author=Vlads Quiff link=topic=36579.msg967862#msg967862 date=1256140383]
[quote author=gene hughes link=topic=36579.msg967829#msg967829 date=1256139457]
He probably lost it all on the stock market or something. Lots of people who aren't as clever as they think they are lose their money that way. I love Barnes from his time as a player but he's not as clever as he thinks he is.
[/quote]

It could also be that he got caught with his strides down on more than one occasion and his Mrs divorced him, that was not clever either. Recycling your old suits even if they don't fit you on the other hand is

regards
[/quote]

You betcha.

"Alimony" and "Maintenance" are words I would almost guarantee bring him out in a muck sweat.
 
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