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Title: Riise made bankrupt Post by: Sippo on Friday, March 30, 2007, 13:17:30 :? Two weeks wages should've sorted this out?!
Quote Liverpool defender John Arne Riise has been declared bankrupt by the courts for an unpaid debt of around £100,000. The Norway international, who earns around £50,000 a week, was declared bankrupt at Liverpool County Court. Riise is listed as a bankrupt on the government's Insolvency Service website at www.insolvency.gov.uk. Legally a bankrupt is a person who has debts they cannot pay. It names John Arne Riise, gives his address, but fails to list his occupation, giving the status as 'Currently Bankrupt'. Riise, 27, is involved in a legal battle with his former agent, Einar Baardsen, over how his fortune has been invested. Baardsen stopped representing the player in 2005. The case is reported to be linked to an alleged £3 million 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. Sources say the player may not even have been aware he was being taken to court at the time - as he was away on international duty with Norway. It is understood the bankruptcy order was made after a debt of around £100,000 was not paid. The debt was liable to be paid by him out of the legal dispute in Norway. The footballer's solicitors are understood to be preparing to go back to the court as early as Monday to have the bankruptcy order annulled. A source close to the player said: "There was a bankruptcy order issued at Liverpool County Court but it is an oversight that the issue even came to court and the matter is now in the hands of his solicitors treating it as a matter of urgency. "They are confident the issue can be resolved in the near future." Riise left Monaco to join Liverpool for £4 million in the summer of 2001. He signed a new contract last January that keeps him at the club until 2009. Title: Riise made bankrupt Post by: Rich Pullen on Friday, March 30, 2007, 13:23:07 Anyone who earns so much a week deserves a slap for such poor money management and guidence.
Title: Riise made bankrupt Post by: DV on Friday, March 30, 2007, 13:31:08 I heard Diamandis was his business advisor...
Title: Riise made bankrupt Post by: Spud on Friday, March 30, 2007, 14:37:03 Riise is a cunt for this.
Like Sippo said two weeks wages would have sorted that out, "oh im bankrupt even though im on £50k a week!" wanker. Title: Riise made bankrupt Post by: Give us an S on Friday, March 30, 2007, 15:23:11 I dont understand how this works? How can he go bankrupt for such a small amount in comparison to wages? Its actually closer to 4 weeks wages by the way if you take in to account tax and national insurance. But even still, thats bad!!!
Does he now lose his house and all his possessions? Title: Riise made bankrupt Post by: Samdy Gray on Friday, March 30, 2007, 15:36:59 How the fuck can he be bankrupt?!?!
That means he doesn't have £100,000 in cash sat in an account somewhere. Title: Riise made bankrupt Post by: Batch on Friday, March 30, 2007, 15:43:13 I'd assume (probably incorrectly) that a failure to show in court means a default bankrupcy judgement?
Title: Riise made bankrupt Post by: blinkpip on Friday, March 30, 2007, 15:46:58 You lot missed this bit.:
Quote The case is reported to be linked to an alleged £3 million 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 Title: Riise made bankrupt Post by: Dazzza on Friday, March 30, 2007, 17:53:23 It'll be a financial wrangle so he doesn't have to cough up.
Title: Riise made bankrupt Post by: Simon Pieman on Friday, March 30, 2007, 18:42:00 Quote from: "Give_us_an_S" I dont understand how this works? How can he go bankrupt for such a small amount in comparison to wages? Its actually closer to 4 weeks wages by the way if you take in to account tax and national insurance. But even still, thats bad!!! Does he now lose his house and all his possessions? Footballers wages tend to be stated after tax. So when your prem player is on £100k a week, it's probably after tax Title: Riise made bankrupt Post by: millom red on Saturday, March 31, 2007, 00:53:30 Hes in dispute with his former agent who brought the action against him.
From what i have read, there is something going on in Norway re:this agent and the fact that Riise doesnt beleive the agent has acted a/within the law..b/with the best interests of the player at heart. Sounds like the agent is like the slimy cypriot greek we all know and love....but it isnt. Title: Riise made bankrupt Post by: flammableBen on Saturday, March 31, 2007, 01:34:18 Easy Millom, I've been looking for a reason to delete posts and stuff since I got the powers. Can you do something more blatant though?
Title: Riise made bankrupt Post by: millom red on Saturday, March 31, 2007, 02:25:51 Quote from: "flammableBen" Easy Millom, I've been looking for a reason to delete posts and stuff since I got the powers. Can you do something more blatant though? I love you millom --ben Title: Riise made bankrupt Post by: millom red on Saturday, March 31, 2007, 02:33:36 Cunt
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