Categories: World News

Boris Becker, tennis legend, declared bankrupt in England, released from court proceedings | Global News

Reading Time: < 1 minute

Tennis legend Boris Becker discharged from bankruptcy court in London

German tennis legend Boris Becker has been discharged from bankruptcy court in London after a judge found that he had made significant efforts to repay his creditors tens of millions of pounds. Despite falling short of repaying nearly 50 million pounds ($62.5 million) he owed, Chief Insolvency and Companies Court Judge Nicholas Briggs commended Becker for his cooperation and efforts.

Becker, 56, was deported to Germany two years ago after serving time in a London prison for illicitly transferring money and hiding assets following his bankruptcy declaration in 2017. He was convicted on multiple charges under the Insolvency Act but acquitted of others, including failing to hand over trophies and his Olympic gold medal to bankruptcy trustees.

The former world No. 1 player, who won multiple Grand Slam titles, attributed his financial troubles to laziness and bad advice. His lawyer stated that a settlement had been reached with the trustees, including a substantial sum that Becker must pay. Despite still owing a significant amount, Becker’s lawyer emphasized that he had done all he could to resolve the situation.

Becker’s rise to stardom in the tennis world in the 1980s was followed by a successful career as a coach, commentator, investor, and celebrity poker player after his retirement in 1999. Despite his legal troubles, Becker remains a prominent figure in the sports world.

Team@GQN.

Share
Published by
Team@GQN.

Recent Posts

Salesforce Developer

Job title: Salesforce Developer Company: Han Staffing Job description: salesforce apex visual Job Description:Our client…

2 years ago

JAVA DEVELOPER

Job title: JAVA DEVELOPER Company: Han Staffing Job description: End Client: WELLSFARGO Title: Java Developer…

2 years ago

Jr. Full Stack Developer

Job title: Jr. Full Stack Developer Company: Leidos Job description: DescriptionJob Description:The Leidos Decision Advantage…

2 years ago

Jr. Full Stack Developer

Job title: Jr. Full Stack Developer Company: Leidos Job description: DescriptionJob Description:The Leidos Decision Advantage…

2 years ago

Principal Software Developer

Job title: Principal Software Developer Company: Oracle Job description: Job Description:As a member of the…

2 years ago

Sr Alfresco Developer- Lead

Job title: Sr Alfresco Developer- Lead Company: InterSources Job description: Job Title: Sr Alfresco Developer-…

2 years ago