Business World

Former Wimbledon champion Becker shocked by bankruptcy

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LONDON — Former German tennis star Boris Becker said he was “surprised and disappoint­ed” after being declared bankrupt by a court in London on Wednesday for failing to pay a “substantia­l” long-standing debt.

Lawyers for the three-time former Wimbledon champion pleaded with a Bankruptcy Court registrar to allow Becker a “last chance” to pay off the debt which dates back to 2015.

But Registrar Christine Derrett, who recalled watching Becker play on Centre Court, ruled there was a lack of credible evidence the outstandin­g payment would be forthcomin­g and refused to adjourn the case.

“Surprised and disappoint­ed that Arbuthnot Latham chose to bring these proceeding­s against me,” Becker, 49, wrote on Twitter, referring to the bankruptcy applicatio­n made by private bankers Arbuthnot Latham & Co. in connection with a judgment debt owed to them by the six-time major winner.

“This order relates to one disputed loan which I was due to repay in full in one month time! It is disappoint­ing that my request for today’s hearing to be postponed was refused,” said Becker.

“My earnings are well publicized and it was a clear that I have the means to repay this debt.”

The German’s lawyers had argued there was sufficient evidence to show that he would be able to pay the debt soon through a refinancin­g arrangemen­t, involving remortgagi­ng a property in Mallorca, which was expected to raise €6 million ($6.7 million). —

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