30/03/2007

Liverpool defender declared bankrupt

Liverpool defender John Arne Riise has been declared bankrupt by Liverpool County Court over an unpaid debt of around £100,000.

The Norwegian footballer is currently involved in a legal dispute with his former agent Einar Baardson, which is reported to be linked to an alleged £3 million fraud investigation.

It is thought that Riise's solicitors are preparing to return to court next week in order to have the bankruptcy order annulled.

Riise joined Liverpool from Monaco in 2001 for a £4 million fee. He is thought to earn around £50,000 per week.

Liverpool FC have not commented on the case, saying that it is a private matter.

(KMcA/SP)

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