I'm more shocked by the amount he was making

[Yuttie]

rather than what he was doing with it...

Former Manchester United midfielder Eric Djemba-Djemba, now plying his trade in Qatar, was in such dire financial straits when at Old Trafford - despite his £75,000-a-month wage - that it is alleged he relied upon appearance and win bonuses to get by. It is also claimed he ran a fleet of 10 4x4 vehicles and juggled 30 bank accounts at the time. He was declared bankrupt in at a Birmingham court last September. (Daily Mail)

[Hortical]

A fool and his money are soon parted. If he was making £75,000 a year, he would be in dire financial straits much sooner. Nuff people can not manage their financial affairs and have too much debt and dem spend money foolishly.

[Yuttie]

always a good time to make fun of x......LOL!!!!!!!!

Agent dispute forces Riise into bankruptcy


Liverpool full-back John Arne Riise has been declared bankrupt by the courts for an unpaid debt of around £100,000.
Riise, understood to earn around £50,000 a week, was declared bankrupt at Liverpool County Court on Tuesday. The 27-year-old is listed as a bankrupt on the government's Insolvency Service website. Legally, a bankrupt is a person who has debts they cannot pay. It names Riise, gives his address, but fails to list his occupation, giving the `status' `Currently Bankrupt'. Riise is involved in a legal battle with his former agent, Einar Baardsen, over how his fortune has been invested. Baardsen stopped representing the player in 2005. The case is reported to be linked to an alleged £3million fraud investigation currently going through the courts in Riise's native Norway. It is understood Riise may be liable for debts incurred from failed business enterprises, including a hotel. Sources say the player may not even have been aware he was being taken to court at the time - as he was away on international duty with Norway. It is understood the bankruptcy order was made after a debt of around £100,000 was not paid. The debt was liable to be paid by him out of the legal dispute in Norway. The player's solicitors are understood to be preparing to go back to the court as early as Monday to have the bankruptcy order annulled. A source close to the player said: 'There was a bankruptcy order issued at Liverpool County Court but it is an oversight that the issue even came to court and the matter is now in the hands of his solicitors treating it as a matter of urgency. 'They are confident the issue can be resolved in the near future.' Struan Marshall, the player's agent, was not available for comment. Riise left Monaco to join Liverpool for £4million in the summer of 2001. He signed a new contract last January that keeps him at the club until 2009. A spokesman for Liverpool said: 'We are unable to comment as this is a private matter.' Being declared bankrupt means an official receiver, a government appointed official, can assume legal control of an individual's assets. A bankrupt cannot obtain credit of more than £250 or open a new bank account.

[Gamma]

riise is 27?!!!!

[Yuttie]

and bankrupt...LOL!