BusinessBusiness RecoveryFootball star Colin Hendry declared bankrupt

Football star Colin Hendry declared bankrupt

Former Scotland footballer Colin Hendry declared bankrupt, reportedly owing more than £2m

Former Scotland international footballer Colin Hendry has been declared bankrupt with debts of around £2m.

The father of four, whose wife died after complications from surgery, had a proposal to enter into an individual voluntary arrangement turned down by the majority of creditors, reported The Independent.

The former Rangers and Blackburn Rovers star is reported to owe HM Revenue & Customs more than £1m, as well as fund to an online betting firm.

He will also have to resign as director of three companies he has set up within the past three years.

Further reading:

Former Powergen FD takes Chemring chairman role

Related Articles

R3 calls for creditor 'breathing space' to help turn companies around

Accounting Standards R3 calls for creditor 'breathing space' to help turn companies around

2y Chris Warmoll, Writer
R3 cautiously welcomes advent of simpler bankruptcy regime

Business Recovery R3 cautiously welcomes advent of simpler bankruptcy regime

2y Chris Warmoll, Writer
Taking Stock: Spotting accounting flaws is child’s play

Audit Taking Stock: Spotting accounting flaws is child’s play

2y Taking Stock
Former Scots Tory party treasurer hit with bankruptcy restrictions

Business Recovery Former Scots Tory party treasurer hit with bankruptcy restrictions

2y Richard Crump, Writer
Administrations ‘flat-line’ as personal insolvencies hit low

Business Recovery Administrations ‘flat-line’ as personal insolvencies hit low

2y Richard Crump, Writer
Company and personal insolvencies sink to pre-recession lows

Business Recovery Company and personal insolvencies sink to pre-recession lows

3y Richard Crump, Writer
Bankruptcies hit lowest quarterly level in 15 years

Business Recovery Bankruptcies hit lowest quarterly level in 15 years

3y Richard Crump, Writer
PwC faces $1bn lawsuit over bad MF Global advice

Accounting Firms PwC faces $1bn lawsuit over bad MF Global advice

3y Richard Crump, Writer