Wednesday, 19 June 2013
One dead, two critical - in Mabura trail mishap » THE police are investigating a fatal accident that...
Several opened mails found at home of Berbice pos... » POLICE in Berbice are investigating the discovery ...
At Berbice Assizes… Pharmacist accused of rape f... » AN ACCUSED rapist was freed also of indecent assau...
Protest outside Albion court as accused wife kille... » SOME friends and family members of Prabhudial Tara...
Two husbands treated differently in domestic abuse... » TWO separate domestic abuse cases were called befo...
Guyana, Rwanda share experiences to improve solid ... » AT the invitation of the United Nations Developmen...
New $16.1M high-tech DHB control system undergoes ... » THE new Programme Logic Control (PLC) System insta...
To ensure higher level of service… $158.4M Polic... » COMMANDER-in-Chief of the Armed Forces, President ...
FAO recognises Guyana for meeting anti-hunger targ... » GUYANA is among 18 countries recognised at a speci...
|Hollioake estimates debts at $22M|
|Tuesday, 17 July 2012 21:15|
(CRICINFO) - Adam Hollioake, the former England captain, has appeared in an Australian court over debts estimated at A$23M ($22M) after the property development company that he ran in Perth with his father John, after retiring from cricket, went bankrupt.
Hollioake, whose company has been declared bankrupt, has appeared in court to answer questions about his financial affairs and to confirm how much money he owes to about 40 creditors, including another England captain, his Surrey and England team-mate Alec Stewart.
Hollioake, 40, told the Daily Mail that he was a victim of the financial crisis, saying: "Alec understands the position I got myself into, as do the other creditors, apart from one who is determined to stamp me into the ground.
"What happened was mostly out of my hands, although I accept that I did not apply the same professionalism in my business affairs as I did in my cricket.
"There have been claims that I've ripped people off, run away with their money, got it all tucked away, secretly loaded myself up. The truth is, I've been left with nothing. Nothing, that is, except the devotion of my wife, Sherryn, and the love of my kids.
"When we married I was captain of England, good looking, plenty of money, not a care in the world. Now she is married to a fat old guy, not good looking anymore and no money."
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