Boris Becker is still in economic difficulty. Already in 2017, the former German champion had been declared bankrupt by the London court, the Bankruptcy Court, due to a heavy debt (around 7 million dollars – editor’s note) that the three-time Wimbledon winner did not owe. was better able to repay.
The case concerns a debt contracted years ago by Becker; a debt to private bank Arbuthnot Latham & Co and other lenders that he was never able to pay. Becker’s goal was to repay the debt by mortgaging various real estate properties, including one in Mallorca.
Becker, however, failed to pay the debt repayment plan installments to the lenders, who evidently decided to sue him. The trial of the former tennis player began on Monday March 21 in London
Boris Becker faces up to 7 years in prison for bankruptcy
Becker appeared at Southwark Court with his fiancee Lilian de Carvalho Monteiro.
The German is also accused of having concealed several properties and more than two million euros, as well as of not having correctly respected the obligations of disclosure of banking information. As everyone knows, in 2019 Becker auctioned over 70 personal memorabilia, including a good number of career trophies.
The amount collected from souvenirs should be a little more than 700 thousand euros, but the estimated debts at the time of bankruptcy exceed five million. The UK court’s decision could come in three weeks and Becker faces up to seven years in prison if found guilty.
Becker, when he received the first real charges, had defended himself via his Twitter profile, pleading innocent. Becker wrote, “Innocent until proven guilty! I deny the charges against me and will defend myself by any legal means. I believe in the British justice system and its agents. My team of lawyers will prove my innocence.”