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Ex-EPL Star Danny Guthrie Has £120k in Gambling Debt


Former Premier League star Danny Guthrie declared chapter after incurring playing money owed of over £120,000. [Image: Shutterstock.com]

Danny Guthrie again within the headlines

Former Premier League star Danny Guthrie has declared chapter after amassing playing money owed of over £120,000 ($144,681). 

Guthrie broke onto the skilled soccer scene with Liverpool, with whom he signed in 2006. He would later seem for English sides Bolton, Blackburn, Newcastle, and Reading, in addition to Indonesian membership Mitra Kukar, League Two aspect Walsall, finally signing with Icelandic second division workforce Fram in 2021.

now coping with extreme monetary penalties from his poor playing habits

Despite the marvelous potential the West Midlands native as soon as flashed on the pitch, he’s now coping with extreme monetary penalties from his poor playing habits.

The fall of a star

Guthrie’s first notable monetary misery got here in 2019 when he borrowed £75,000 ($90,416) from a pal, per the Insolvency Service. This transaction was made merely in order that he might cowl his giant bills.

Guthrie promised to repay his pal with the proceeds he produced from the sale of his home.

opted to repay the mortgage as a substitute of different lenders

However, the ex-Premier League participant allegedly incurred playing money owed previous to the pleasant mortgage. In 2020, Guthrie bought his home for £160,000 ($192,888) and opted to repay the mortgage as a substitute of different lenders.

The 35-year-old completed this “by making a number of money withdrawals regardless of understanding he was bancrupt,” in response to The Insolvency Service. He lately accepted a six-year chapter order at Stoke County Court, which is able to impose restrictions till May 2028. 

Restrictions transferring ahead

The ramifications of Guthrie’s sentence will make it tougher for him to entry cash so freely.

Guthrie will be unable to borrow quantities exceeding £500 ($603) with out divulging his chapter standing. He will even not have the ability to act as an organization director with out the consent of the court docket.

The Insolvency Service hopes that these rules discourage others from making monetary errors.

Danny Guthrie’s actions had been deliberate in dissipating property” 

“Danny Guthrie’s actions had been deliberate in dissipating property, at a time he was already bancrupt, and to the lack of his collectors,” mentioned Insolvency Service official receiver Kevin Read. “This extension of chapter restrictions ought to function a warning that the Insolvency Service will take motion to deal with such monetary wrongdoing.”

Guthrie is at the moment working as a senior coach at The Football Academy in Dubai, United Arab Emirates. He was final residing within the Damac Towers within the coronary heart of the town, in response to unconfirmed stories.

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