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DEBT WOE

Ex-Premier League star, 39, declared bankrupt after racking up debts of more than £1 million

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JERMAINE Pennant has been declared bankrupt after racking up debts of more than £1million.

The former Premier League star, 39, owes money to a string of creditors, including HMRC, banks, councils and utility companies.

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Jermaine Pennant has been declared bankrupt after racking up debts of more than £1millionCredit: The Sun
Pennant celebrates scoring a goal for Arsenal against Southampton in 2003Credit: Getty

He was given a one-year bankruptcy order at Birmingham county court.

A source close to the star said: “He owes stacks of cash all over the place.

"His debts are into seven-figures.

"His debts to the taxman and banks are huge.

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"He has defaulted on mortgage payments and will likely have property repossessed.”

Pennant was taken to court by creditors after failing to settle a number of outstanding bills.

The star’s money troubles have been building.

His media company Jermaine Pennant Ltd was dissolved and struck off the company register in 2020.

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He set up the company to handle his pay from Celebrity Big Brother and TV appearances.

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