Dwight Yorke hopes property sale will clear £1.5 million tax debt, court told
Former Manchester United and Aston Villa striker Dwight Yorke hopes a property sale will allow him to clear a £1.5 million tax debt and avoid bankruptcy, a judge in a specialist court has been told.
A lawyer representing Yorke, 46, on Friday told an Insolvency and Companies Court hearing in London that the property earmarked for sale was worth £2 million.
Barrister Samir Amin told Judge Jonathan Middleton that contracts had been exchanged and Yorke hoped a sale would go through soon.
He said Yorke owed HM Revenue & Customs £1.5 million and was the subject of a bankruptcy petition.
Yorke, who made 375 Premier League appearances during a career spanning more than 15 years, was not at the hearing.