zugzwang Posted May 16, 2014 Share Posted May 16, 2014 Bad property investments and a divorce to blame. http://www.telegraph.co.uk/finance/personalfinance/fameandfortune/10835644/Former-England-footballer-David-James-declares-himself-bankrupt.html David James, who just four years ago was England’s number one goalkeeper in the 2010 World Cup, has declared himself bankrupt. According to a report in The Sun he built up debts following a costly divorce from his wife Tanya in 2005. The goalkeeper reportedly earned £20 million in his 25-year career, in which he played for several Premier League clubs, including Liverpool and Manchester City. The 43-year-old also secured other lucative contracts in his career, contributing to that total, including working as a model for Armani. But despite investing his earnings in several properties Mr James filed a debtor’s petition at Hertford County Court last week. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2014 Share Posted May 16, 2014 Wonder if he's been subjected to any penalty clauses? Quote Link to comment Share on other sites More sharing options...
onlyme2 Posted May 16, 2014 Share Posted May 16, 2014 This thread is going to be an open goal for the puns. Quote Link to comment Share on other sites More sharing options...
up2late Posted May 16, 2014 Share Posted May 16, 2014 Bankrupt despite investing in property? What a load of old balls. Because of, surely? Quote Link to comment Share on other sites More sharing options...
shindigger Posted May 16, 2014 Share Posted May 16, 2014 You have to really try your best to ****** up in property with all the government tailwinds of the last ten years. Staggering how someone can ****** up so spectacularly really. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2014 Share Posted May 16, 2014 This thread is going to be an open goal for the puns. pundits Quote Link to comment Share on other sites More sharing options...
byron78 Posted May 16, 2014 Share Posted May 16, 2014 Before feeling sorry for him, I'd like to see where he lives and what car he's driving. http://www.pedaltothemetal.com/contentteller.php?ct=news&action=file&id=1214 Quote Link to comment Share on other sites More sharing options...
worried1 Posted May 16, 2014 Share Posted May 16, 2014 Before feeling sorry for him, I'd like to see where he lives and what car he's driving. I don't trust these 'poor bankrupt' stories where you're supposed to feel schadenfreude or that he's such a numpty. I would like to know his total financial position first before deciding he's scored a huge own goal. Grant Bovey is my measure. EDIT: Good comment in the Telegraph noting that Gordon Banks never had a problem. Indeed. Plenty of other examples of convenient bankruptcies to protect greater wealth. Kerry Katona? Just like for people in the real world, the current bankruptcy laws are more like a financial planning tool than the last resort that they should be. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted May 16, 2014 Share Posted May 16, 2014 Something like 80% of US basketball stars wind up bankrupt. Mostly apparently due to the cost of their huge entourages. So they may be rich, but people find sports stars company so dis-pleasurable they actually have to pay people to spend time with them. I think they get scripted most the time, but sometimes you see interviews where they don't have a teleprompter, and the average footballer can barely string a sentence together, so its not surprising their company isnt valued. They think theyre gods. Only today in the paper a girl is disiplined for speaking the truth about odious plank John Terry. Companies should really pay staff a bonus for having to occupy the same room as any Terry family member. http://www.dailymail.co.uk/sport/football/article-2630288/Shop-girl-suspended-calling-John-Terry-pig-disgrace-conversation-overhead-Chelsea-star.html That'll do for todays rant. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted May 16, 2014 Share Posted May 16, 2014 see what I mean, he's driving a stretch limo that'll do to kick off with Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2014 Share Posted May 16, 2014 Did his investments dive to the left or the right? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted May 16, 2014 Share Posted May 16, 2014 Did his investments dive to the left or the right? I dont think he cornered any market in particular. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted May 16, 2014 Share Posted May 16, 2014 I think he spent all his money on PlayStation games. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2014 Share Posted May 16, 2014 These puns are terrible...you need to think out the box. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2014 Share Posted May 16, 2014 (edited) I think he spent all his money on PlayStation games. He should've gone online and picked them up from the net. Edited May 16, 2014 by rantnrave Quote Link to comment Share on other sites More sharing options...
Reck B Posted May 16, 2014 Share Posted May 16, 2014 Before feeling sorry for him, I'd like to see where he lives and what car he's driving. He bought a horsebox from my aunty a few years ago. Rocked up in a Bentley. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted May 16, 2014 Share Posted May 16, 2014 (edited) I think he spent all his money on PlayStation games. non...it was someone elses money...someone else forwarded it believing they were getting it full back, and interest in two halves. Edited May 16, 2014 by Bloo Loo Quote Link to comment Share on other sites More sharing options...
Patfig Posted May 16, 2014 Share Posted May 16, 2014 It probably would have been alright if he'd had some extra time Quote Link to comment Share on other sites More sharing options...
juvenal Posted May 16, 2014 Share Posted May 16, 2014 Probably over the bar at the moment... Quote Link to comment Share on other sites More sharing options...
midnitecruiser Posted May 16, 2014 Share Posted May 16, 2014 He was always sh*t at saving. Quote Link to comment Share on other sites More sharing options...
Goat Posted May 16, 2014 Share Posted May 16, 2014 Calamity James strikes again. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted May 16, 2014 Share Posted May 16, 2014 It was probably the penalty fees from his bank that knocked him sideways. Are loan deals allowed? Quote Link to comment Share on other sites More sharing options...
richc Posted November 19, 2014 Share Posted November 19, 2014 Before feeling sorry for him, I'd like to see where he lives and what car he's driving. I don't trust these 'poor bankrupt' stories where you're supposed to feel schadenfreude or that he's such a numpty. I would like to know his total financial position first before deciding he's scored a huge own goal. Grant Bovey is my measure. EDIT: Good comment in the Telegraph noting that Gordon Banks never had a problem. I went to view a house for rent in Hertfordshire, and the agent mentioned that David James was the previous tenant. He also made a comment that there are always ways to get a tenant out of a long-term lease. I only realized the meaning of that statement after I remembered this post. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 19, 2014 Share Posted November 19, 2014 Slightly off topic but came across this today ( for fans of I'm a celebrity ): http://www.birminghammail.co.uk/sport/football/football-news/jimmy-bullard-joins-im-celebrity-8096519 " Jimmy Bullard joins I'm a Celebrity after losing £650k in investment" Former midfielder is apparently one of the players who lost thousands of pounds in a failed ‘Ponzi’ scheme Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted November 19, 2014 Share Posted November 19, 2014 I went to view a house for rent in Hertfordshire, and the agent mentioned that David James was the previous tenant. He also made a comment that there are always ways to get a tenant out of a long-term lease. I only realized the meaning of that statement after I remembered this post. Bankruptcy would be one of those ways. Quote Link to comment Share on other sites More sharing options...
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