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Former Liverpool legend racks up debts of £1.5MILLION in media firm as documents reveal he has 'no funds' to pay off taxman after being hit with three-year company ban

Related Topics: John Barnes

Former England and Liverpool legend John Barnes has accumulated debts of over £1.5million in his media firm having been banned as company director for three-and-a-half years.

The 61-year-old, who made 79 appearances for England and spent a decade at Anfield, owes the enormous sum to HMRC and other creditors.

The ex-Newcastle and Watford star owes HMRC £776,878 in unpaid VAT, NI and PAYE, £461,849 to unsecured creditors, a £226,000 directors loan and liquidator's costs worth £56,535.

He has so far paid back £60,000 after agreeing to return the directors loan in instalments.