Former Premier League star Danny Guthrie has been declared bankrupt after racking up £120,000 in gambling debts.
Guthrie, 35, began his professional playing career at Liverpool before signing for the likes of Newcastle United, Reading and Blackburn Rovers.
Advert
The ex-midfielder, who's believed to be coaching abroad, borrowed £75,000 from a friend to pay his expenses.
He's said to have promised to repay the loan after selling a home.
But before that Guthrie ran up the gambling debts, and when he sold the property for £160,000, he chose to repay those debts ahead of other creditors.
He made 'several cash withdrawals despite knowing he was insolvent', according to The Insolvency Service.
Advert
Guthrie, whose last known address was listed as being in Dubai, appeared at Stoke County Court, where he accepted a six-year bankruptcy order until May 2028.
He's under a set of restrictions, including not being able to borrow more than £500 without disclosing his bankrupt status.
He also cannot act as company director without the court's permission.
Advert
On Guthrie's bankruptcy, Insolvency Service official receiver Kevin Read said: "Danny Guthrie’s actions were deliberate in dissipating assets, at a time he was already insolvent, and to the loss of his creditors.
"This extension of bankruptcy restrictions should serve as a warning that the Insolvency Service will take action to tackle such financial wrongdoing."
Guthrie also played for Southampton, Bolton Wanderers and Fulham.
Advert
He went abroad in the latter stages of his career, playing for Indonesian team Mitra Kukar and Icelandic side Fram, where he made 17 appearances.
Topics: Football, Liverpool, Newcastle United
Nasir Jabbar