Football legend Dennis Wise heading to I’m A Celebrity jungle to pay off whopping tax bill
The former Chelsea skipper, 50, invested more than £200,000 in two controversial film financing schemes and now faces 'a very large bill'
FOOTBALL legend Dennis Wise has gone into the jungle to help pay off a whopping tax bill, The Sun can reveal.
The former Chelsea skipper, 50, invested more than £200,000 in two controversial film financing schemes.
A host of celebrities including Wayne Rooney, David Beckham and Jeremy Paxman signed up for the Ingenious schemes which offered tax breaks for investing in films such as Avatar.
But this summer a court ruled the schemes were not legitimate investments but a way of avoiding tax.
More than 1,400 investors were told they owed a total of £700million tax.
A pal said: “Dennis, like lots of other people was badly advised. He thought he was investing in films, he didn’t do it as a tax dodge.
“He has got a very large bill and the jungle was a quick pay day.”
The ruling was a huge blow to many footballers.
Former Newcastle and Hull City player Dean Windass was declared bankrupt as he could not pay his £140,000 bill.
Footballers support group Xpro said two former Prem stars had attempted suicide over their debts and 20 former players were facing ruin.
Three years ago Wise’s best man at his wedding to solicitor Claire, Jimmy Creed, sued him for £1million after a series of failed property deals.
