Carew declared bankrupt!

[Vanilla]

I doubt very much he's spent all his money.  HMRC often petition for bankruptcy over unpaid tax.  As he's moved around a fair bit, his tax affairs could be quite complicated, and if he's disputing an amount, they can look to make him bankrupt, even though he's probably got squillions in the bank.

He is only declared bankrupt here, so he probably has cash in many accounts around Europe and in havens. Being declared bankrupt used to be a mark of shame, but it means very little now to those who can show bank balances from accounts in other countries when trying to get loans etc.

[martin o`who??]

Buyin` designer clobber to fit the size of him, no wonder he`s fucking skint !!.

[Martyn Smith]

People often confuse bankruptcy with having no money; the problem is that the word 'bankrupt' has come to mean broke in common parlance. As has been said the biggest bankrupters are the HMRC and they will force it if they can't get tax out of someone, even if that person in reality could probably pay it in one way or another. There are certain types of bankruptcy one can apply for in order to allow one to manage one's debts more easily.

You cannot declare yourself bankrupt if you're skint anyway as you need to pay about £750 in court costs to do so...

[Martyn Smith]

Is he still on WHU's books? He's only 32 so I imagine a few years off retiring yet.

[rutski]

it is all just accountancy bollocks! he wow be signing on next wik for sure, the lanky streak of piss!

one of the few great players we have had in last 10 years imo. but the reason he played at the villa was because the best of him wasnt able to be reproduced often enough, thus the reason he never played for manure or real!
 my opinion obviously!

[PeterWithe]

People often confuse bankruptcy with having no money; the problem is that the word 'bankrupt' has come to mean broke in common parlance. As has been said the biggest bankrupters are the HMRC and they will force it if they can't get tax out of someone, even if that person in reality could probably pay it in one way or another. There are certain types of bankruptcy one can apply for in order to allow one to manage one's debts more easily.

You cannot declare yourself bankrupt if you're skint anyway as you need to pay about £750 in court costs to do so...

What are the reasons that they wouldn't have just seized any assets held in the UK to the value of the amount owed?

[gerags]

A bit of a miunderstanding by all accounts.
 

However, his agent Per Flod insisted the player has "lots more money" and blamed the issue on a misunderstanding with the French tax authorities.
"It’s a tax bill from France He needs to pay some tax and it’s being discussed," Flod told the Mirror.
"It’s all because the French government is refusing to communicate through his UK address.
"They have been sending all the correspondence to his address in France, but he no longer lives there.
"He has not refused to pay it. Then they declared him bankrupt and John didn’t even know about it. Now it’s going to be paid
"He has lots more money than this. This is not a big thing.

[curiousorange]

The tour guide at the Villa said the other day that when Carew was here, he had a bright orange Mustang that he'd had imported especially from the States. I can't remember how much he said it cost all told but it must have been over two hundred grand. And he said Ashley Young had two cars the same, but he used one for weekday driving and one just for the weekends.

Now that's walking-around money. Or in this case, driving-around.

[django]

Football, isn't it? Hummers for goal posts.

[Lizz]

he said Ashley Young had two cars the same, but he used one for weekday driving and one just for the weekends.

I'm the same with shoes.

[curiousorange]

he said Ashley Young had two cars the same, but he used one for weekday driving and one just for the weekends.

I'm the same with shoes.

Ah, but can you see over your shoes? 'Cos I doubt Ashley Young could see over his steering wheel.

[olaftab]

Nice man wish him the best. I really enjoyed his time here even though he wasn't big enough to get his head to Young's crosses!

[eric woolban woolban]

I thought for a minute he'd invested in that Michael McIndoe (has he surfaced yet) Ponzi type scheme.

[curiousorange]

I thought for a minute he'd invested in that Michael McIndoe (has he surfaced yet) Ponzi type scheme.

Didn't he used to play for Coventry? Or is he that 'Live at the Apollo' twat?

[VILLA MOLE]

he said Ashley Young had two cars the same, but he used one for weekday driving and one just for the weekends.

I'm the same with shoes.

he said Ashley Young had two cars the same, but he used one for weekday driving and one just for the weekends.

I'm the same with shoes.

yes , with pants