Dwight Yorke: Former Star Bankrupt, Company Assets Dwindle to £2

Former Man Utd star Dwight Yorke faces a bankruptcy hearing tomorrow after his company’s assets dwindled to £2. The 45-year-old, dad to Katie Price’s son Harvey, has a case listed at the High Court.

The hearing is one of 13 to be held at the Rolls Building, which handles voluntary bankruptcy applications and creditors’ demands.

It also deals with companies being struck off, although the former striker is named in person on the court list. No details are given as to who is bringing the case.
Dwight Yorke

A source said: “When you think of how successful Dwight was as a player, it is hard to believe it has come to this.”

It is a far cry from Yorke’s glittering 20-year football career during which he helped United to the treble in 1999 and earned millions of pounds.

Yorke, who retired in 2009, set up his company Dwight Yorke Promotions in 1997. Its latest records, from September 2015, show its held assets of £6,094, down 73 per cent on the previous year.

But the company owed £6,092 in bank overdraft fees and long-term loans, meaning it had net assets of just £2.

An application for it to be struck off was lodged at Companies House last month. Land Registry records also show a string of charges against Yorke’s £3million home in Alderley Edge, Cheshire.

The source added: “Life has not been so easy off the pitch. His company has not done very well recently so the hearing could be to do with the company and not just his personal finances.”

Yorke, who also played for Aston Villa, Blackburn and Sunderland, has worked as a TV pundit since retiring. His spokesman denied he faced a bankruptcy hearing but declined to say what the High Court case was about. - The Sun 

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