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Ex-Liverpool And Newcastle United Star Danny Guthrie Declared Bankrupt

Nasir Jabbar

| Last updated 

Ex-Liverpool And Newcastle United Star Danny Guthrie Declared Bankrupt

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.

Image: Alamy
Image: Alamy

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

Image: Alamy
Image: Alamy

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. 

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."

Image: Alamy
Image: Alamy

Guthrie also played for Southampton, Bolton Wanderers and Fulham.

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. 

Featured Image Credit: Alamy

Topics: Football, Liverpool, Newcastle United

Nasir Jabbar
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