WES BROWN reportedly went bankrupt over a huge debt to the taxman and a car company.
He allegedly lost millions of pounds in failed property deals that shattered the former footballer’s wealth – and is now renting from Marcus Rashford.
Brown, 43, spent 19 years at Manchester United – coming through the academy to make 262 appearances, winning 11 major trophies.
He also earned 23 senior England caps before finishing his club career with spells at Sunderland, Blackburn and then Kerala Blasters in India.
But according to the Daily Mail, he fell into a six-figure debt with HMRC and failed on car repayments.
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The report adds that two creditors lobbied for Brown to be made bankrupt.
It is said the former £50,000-a-week ace only owed a few thousand pounds to the car finance firm.
But it was a series of property deals that went wrong and scuppered the 1999 Treble winner, known as one of the nicest men in football.
Brown lived a lavish lifestyle during his 20-year relationship with his wife and the mother of his three children Leanne from Real Housewives of Cheshire.
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But their divorce was costly and has left Brown moving into a modest rented pad at ‘mate’s rates’ from United striker Rashford, while former team-mates Michael Carrick and Wayne Rooney have been particularly supportive of their pal.
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A source told the Mail: “It may seem like Wes was earning big money — to most people he was — but the trouble was he was also trying to keep up with the lifestyle of team-mates earning five or six times more than he was.
“Most of his money disappeared in bad property deals. He overpaid on the farm that Leanne lives in. He spent something like £6million or £7m to buy that.
“They have tried to sell it but haven’t managed to, even after lowering the price to £4.75m. Any money left is tied up in the farm.
“A previous property of theirs was once listed at £4.5m but took seven years to sell, finally going for £2.4million — almost half price.”
The report adds that Leanne thought she was owed a whopping £500,000 from fellow former Housewives co-star Dawn Ward.
However, Brown’s ex-wife is said to have written off that debt.
Source: Soccer - thesun.co.uk
