According to the Daily Mail , defender Charlie Taylor, who plays for Burnley Club in the Premier League, has just been declared bankrupt by the court for a very unbelievable reason: The 30-year-old player forgot to pay some bills for a long time.
Journalist Matt Hughes claims Charlie Taylor is not in financial trouble. However, the unpaid bills stem from "administrative and procedural issues".
Charlie Taylor was declared bankrupt for forgetting to pay his bills.
Charlie Taylor has just filed for a discharge of his bankruptcy and the court has agreed. His outstanding bills have been paid in full and the discharge of Charlie Taylor's bankruptcy will be finalized soon.
The troubles behind the scenes have not affected Charlie Taylor's form much. This defender still has a starting place at Burnley and is trusted by coach Kompany.
However, not everyone is as lucky as Charlie Taylor. Many stars of the Premier League and top European football leagues actually went bankrupt when their accounts were empty. They could not manage their huge fortunes well. In addition, wrong investments, trusting friends, lending money, divorce, gambling... are also other common reasons why players are "empty-pocketed".
In the past, goalkeeper David James had to sell all his football memorabilia and personal cars to pay for his living expenses, even though he once owned assets worth up to 20 million pounds. This goalkeeper went bankrupt in 2014. Legendary Paul Gascoigne went bankrupt because of his debauched lifestyle, he could not pay his debts and was homeless for a while.
The PFA is trying to address this by offering financial literacy courses for young players. They also have a service that can refer players to independent financial advisers if they need them.
Mai Phuong
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