In 2017, he declared insolvency. Now he has problems because his alleged bankruptcy has been put under scrutiny by the courts. Becker was supposed to conceal the funds with which he could pay off his debts. There are even a few properties on this list – two and one in London. In addition, he was supposed to hide the money he got from the sale of a Mercedes car dealership. In this case, we are talking about the amount of EUR 1.13 million. In addition, there is a bank loan of EUR 825,000 (before the declaration of bankruptcy). Becker borrowed about EUR 4.2 million from the bank).
Boris Becker was put on trial. “Bankrupts who act in bad faith should be punished”
Becker’s trophies are also on the list of hidden assets. These include cups for victories in Wimbledon in 1985 and 1989, in 1991 and 1996, and the Olympic gold medal in 1992. In July 2019, 82 items belonging to Becker were auctioned off, which cost a total of EUR 765,000. However, this allowed only a partial repayment of the debt. When he declared bankruptcy, his debts were estimated at as much as EUR 60 million.
The former German tennis player stood trial in London. “Mr Becker has acted dishonestly on many of his assets in such a way that he has hidden from or prevented those responsible for identifying assets in various ways,” said prosecutor Rebecca Chalkley, quoted by the BBC. “Throughout the history of bankruptcy legislation, which goes back hundreds of years, there is a consistent policy that bankrupts who act in bad faith should be punished,” she added.
The history of Becker’s litigation and financial problems goes back many years. Germany also has problems with the Swiss justice system. In 2009, he got married and did not pay the local pastor. In 2002, a German court sentenced him to two years’ suspended prison sentence and a fine of 500,000 euros. It was about a tax arrears of approximately 1.7 million euros.
Boris Becker were number one in the ranking. The German won six Grand Slam tournaments. The first of them was won in 1985. He then became the youngest ever tennis player to win. He won this tournament twice more, he also triumphed in the US Open. He also won a gold medal in Barcelona in doubles.
Source: Sport
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
