{"id":216964,"date":"2023-11-26T14:45:34","date_gmt":"2023-11-26T14:45:34","guid":{"rendered":"https:\/\/bestwnews.com\/?p=216964"},"modified":"2023-11-26T14:45:34","modified_gmt":"2023-11-26T14:45:34","slug":"i-was-west-ham-captain-had-a-ferrari-on-the-drive-now-i-live-in-rented-flat-and-almost-went-to-jail-over-bankruptcy-the-sun","status":"publish","type":"post","link":"https:\/\/bestwnews.com\/sport\/i-was-west-ham-captain-had-a-ferrari-on-the-drive-now-i-live-in-rented-flat-and-almost-went-to-jail-over-bankruptcy-the-sun\/","title":{"rendered":"I was West Ham captain & had a Ferrari on the drive… now I live in rented flat and almost went to jail over bankruptcy | The Sun"},"content":{"rendered":"

A FORMER West Ham captain who once had a Ferrari on his drive now lives in a rented flat – and almost went to jail over his bankruptcy.<\/p>\n

Lucas Neill used to earn \u00a340,000 a week as the Hammers' skipper between 2007 and 2009.<\/p>\n


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\n<\/p>\n

The Australian defender starred for the Socceroos at the 2006 and 2010 World Cups.<\/p>\n

At the height of his success he splashed out on a Ferrari and luxury holidays in the Maldives.<\/p>\n

But last week Neill appeared at Preston Crown Court charged with failing to declare money he never knew he had.<\/p>\n

The trial came after seven years of bankruptcy, with Neill facing three years in prison if convicted.<\/p>\n

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Neill has opened up about his financial ruin after a jury acquitted him in just 26 minutes.<\/p>\n

He told The Times: "Behind my chair in the dock were stairs going to the cells.<\/p>\n

"I\u2019ve won my freedom, but I feel like I\u2019ve lost in life. <\/p>\n

"I feel like I didn\u2019t protect my family. And that hurts. I let my family down."<\/p>\n

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Neill was accused of hiding more than \u00a32million from his creditors as his money problems spiralled out of control.<\/p>\n

The star ploughed huge sums into a scheme which he thought would see him get big tax breaks in return for investing in British films.<\/p>\n

But HMRC ordered him to pay back \u00a3400,000 after probing the dodgy scheme – which had been touted to footballers by financial advisers.<\/p>\n

Neill was forced to sell over seven properties, losing money on each one.<\/p>\n

He then defaulted on a NatWest loan he had taken out to pay for a barn near Newcastle, which was held in an offshore fund.<\/p>\n

Neill was left owing the bank \u00a3737,000 – and was declared bankrupt in 2016.<\/p>\n

He said: "People couldn\u2019t believe it, but I had nothing left. That was my rock bottom.<\/p>\n

"After 20 years of a football career and all this hard work, I\u2019ve got nothing to show for it."<\/p>\n

Neill forgot to mention 144 acres of land he had bought around the barn when listing his assets for repossession.<\/p>\n

The Insolvency Service probed Neill for seven years, leaving him unable to own a house or even buy a mobile phone contract.<\/p>\n

One morning his kids answered the door to bailiffs demanding a \u00a3400 council tax bill.<\/p>\n

But Neill has now been found not guilty of hiding the offshore money.<\/p>\n

He is now coaching women and girls at a football club while working for a tech firm.<\/p>\n

His lawyer Joseph Kotrie Monson said: "Now it\u2019s time for him to enjoy his restored reputation and get back into the world of sport and broadcasting."<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A FORMER West Ham captain who once had a Ferrari on his drive now lives in a rented flat – and almost went to jail over his bankruptcy. Lucas Neill used to earn \u00a340,000 a week as the Hammers' skipper between 2007 and 2009. The Australian defender starred for the Socceroos at the 2006 and 2010 World Cups. 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