bankruptcy - Most popular for January 2011

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Brad Friedel Declared Bankrupt

Major League Soccer Talk 24 January @ 12:52 PM EDT Blog Details : Related Items
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It's hard to imagine a guy making more than £40,000 running out of money, but it's happened to Brad Friedel.

The former U.S. International and Aston Villa keeper owes about £5 million, according to a English court.

Apparently, an academy he opened in Ohio a few years ago is the source of his financial woes, and he seems hopeful that he can get it sorted out soon.

Brad Friedel Declared Bankrupt

Soccer Tickets Online 21 January @ 06:50 PM EDT Blog Details : Related Items
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Aston Villa and former US goalkeeper Brad Friedel has been declared bankrupt at a court hearing in Macclesfield. The cause of Friedel's bankruptcy is a soccer academy he set up under his name in Ohio in 2007.

It was meant to be a non-profit-making venture, but it lost money heavily and court documents show Friedel and his company owed almost £5 million last August and lender RBS Citizens was forced to take action.

Villa’s Brad Friedel Declared Bankrupt

English Premier league 21 January @ 10:01 PM EDT Blog Details : Related Items
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Aston Villa and former US goalkeeper Brad Friedel has been declared bankrupt at a court hearing in Macclesfield. The cause of Friedel's bankruptcy is a soccer academy he set up under his name in Ohio in 2007.

It was meant to be a non-profit-making venture, but it lost money heavily and court documents show Friedel and his company owed almost £5 million last August and lender RBS Citizens was forced to take action.