Former Liverpool and Man City star Bellamy declares bankrupt
Owing over £1 million in tax, Craig Bellamy has been declared bankrupt due to poor advice. The news come while he did not lose any money due to gambling or addictions.
The 43-year-old former Manchester City and Liverpool midfielder, who currently works as an assistant manager at Burnley, has revealed due to some poor advice he took earlier in his career he became bankrupt as he has lost everything he owned.
Speaking to the
Daily Mail, Bellamy said: "
Everything I have had has been taken from me. If you get the wrong people advising you it all hemorrhages, it all dwindles. It has got to the point where bankruptcy is a relief. It means I can just live again. I know some people will probably think I have squandered all my money on drinking or gambling or drugs. I haven't. I can go quiet where you won't hear from me but I won't be down the pub. I have never touched drugs since I was a young kid. I don't gamble - I have never gambled. It doesn't make any sense to me. But I have gambled on people, unfortunately.
"I was brought up in a generation of footballers where everything was done for you. Every bill. Wherever I was, the club did everything for me. I think that's wrong. It makes you too vulnerable. It's good for players to have their own responsibilities because one day the club will not be there. You will finish your career and you will still be a young man, and when you finish who's going to pay your stuff then? You are going to have to learn to survive. You are going to have to live in the real world."
Bellamy played for Man City from 2009 to 2012 and also represented Liverpool for two seasons.
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