Boris Becker is bankrupt and could face jail

[Demovictory9]

https://www.msn.com/en-us/sports/tennis/boris-becker-found-guilty-over-bankruptcy-could-face-jail/ar-AAW0Akd

LONDON (AP) — Tennis great Boris Becker could face a jail sentence after being found guilty on Friday of illicitly moving thousands of dollars from a bank account after he was declared bankrupt.

--------------


Becker’s bankruptcy stemmed from a 4.6 million euro ($5 million) loan from a private bank in 2013, as well as about $1.6 million borrowed from a British businessman the year after, according to testimony at the trial.

During the trial Becker, 54, said his $50 million career earnings had been swallowed up by payments for an “expensive divorce” and debts when he lost large chunks of his income after retirement.

He said he had “expensive lifestyle commitments” including a house in Wimbledon that cost 22,000 pounds ($28,800) in rent each month. But he said bad publicity had damaged “brand Becker,” making it hard for him to earn enough to pay off his debts.

[Sucha NastyWoman]

1. My guess is

There is probably also a substance abuse problem mixed in there as well.

[exboyfil]

2. Expensive lifestyle commitments

Get a smaller apartment in a less expensive part of town.

[brush]

3. Yep, bad money management to blow through 50 million.

[malaise]

4. Amazing how little coverage this is getting

Rec