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.
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.
Source: Soccer - thesun.co.uk
