Franki Dettori Bankrupt

[pattyg]

Sad to read this but how on earth? He’s made millions but the taxman has called.

Edited by pattyg on Thursday 13th March 20:17

[Killer2005]

Should have reined in his spending

[Gareth79]

Presumably he needs to pay some tax (and solicitors) bills as a result of his HMRC case(s) and doesn't have enough assets to cover them:

https://www.independent.co.uk/news/uk/frankie-dett...

[J6542]

He is back riding again so obviously needing the money.

[Jasandjules]

pattyg said:

Sad to read this but how on earth? He’s made millions but the taxman has called.

Edited by pattyg on Thursday 13th March 20:17

I guess like a lot of people making lots of money, they don't think to put half aside for tax........

[hidetheelephants]

Killer2005 said:

Should have reined in his spending

Neigh, he should continue spending at a gallop.

[Turtle Shed]

Clearly saddled with debt.

[paua]

You've all got the bit between your teeth, haven't you!

[Countdown]

pattyg said:

Sad to read this but how on earth? He’s made millions but the taxman has called.

Edited by pattyg on Thursday 13th March 20:17

Possibly tried to use some kind of tax avoidance scheme which HMRC said wasn’t legitimate and now he’s got to pay the taxes and penalties?

What are the chances he’s shifted all his assets into his wife’s name?

[remedy]

Typical. Everyone jockying to position.

[Radec]

hidetheelephants said:

Killer2005 said:

Should have reined in his spending

Neigh, he should continue spending at a gallop.

No money means he won't be able to do it furlong

[hidetheelephants]

Radec said:

hidetheelephants said:

Killer2005 said:

Should have reined in his spending

Neigh, he should continue spending at a gallop.

No money means he won't be able to do it furlong

Will his creditors be swift enough to catch him in a (steeple)chase?

[Radec]

hidetheelephants said:

Radec said:

hidetheelephants said:

Killer2005 said:

Should have reined in his spending

Neigh, he should continue spending at a gallop.

No money means he won't be able to do it furlong

Will his creditors be swift enough to catch him in a (steeple)chase?

Who knows, but he's been a foal to get himself into this position.

[Mazinbrum]

I'll give 2/1 he can sort it out.

[Wacky Racer]

Turtle Shed said:

Clearly saddled with debt.

I think you're on the right tack there

[InformationSuperHighway]

""I am saddened and embarrassed by this outcome and would advise others to take a stronger rein over their financial matters."

Genuine quote as well.

[fttm]

Could have been set for life but got sucked into dodgy tax avoidance schemes , then the marching powder arrived and hey presto righty back to square one .
He has a second chance unlike some , let's hope he uses it wisely

[trickywoo]

fttm said:

Could have been set for life but got sucked into dodgy tax avoidance schemes , then the marching powder arrived and hey presto righty back to square one .
He has a second chance unlike some , let's hope he uses it wisely

He’s bankrupt for HMRC purposes. He’ll be living a lot better than me regardless.

[ScotHill]

He shouldn’t have spent all of his money; glue factory.

Am I doing this right?

[Sport_Turismo_GTS]

I get the impression you are just trying to stirrup trouble for the poor guy.