Former England keeper David James has recently been declared bankrupt…
Former England keeper has recently been declared bankrupt, and has begun selling his footballing memorabilia to raise cash.
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He is not the first footballer to run out of money. Despite their huge wages problems such as gambling, divorces, and poor investments seem to hit footballers more than most.
Here are five players who like David James have been declared bankrupt in their time.
Keith Gillespie
The former Manchester United and Newcastle player was declared bankrupt in October 2010. The Northern Irishman ran out of money due to gambling problems.
Celestine Babayaro
The ex Chelsea and Newcastle man was declared bankrupt in February 2011. He went broke despite once earning £25,000 a week.
Eric Djemba Djemba
The Manchester United flop went bankrupt while still owing former club Aston Villa money in 2007. The Cameroonian still plays today.
John Barnes
The Liverpool and England legend was declared bankrupt in 2009, but had the order lifted shortly after. It was apparently due to a ‘tax oversight.’
John Arne Riise
Another who had his bankruptcy lifted after it was declared in 2007. It was apparently related to a fraud case in Norway.