A former England rugby star has come to the defense of Liverpool legend John Barnes, who’s facing bankruptcy. Barnes, who played for England 79 times, was recently declared bankrupt after his company, John Barnes Media Limited, accumulated debts of over £1.5 million. HM Revenue & Customs (HMRC) revealed that Barnes owes £776,878 in unpaid VAT, National Insurance, and PAYE, with an additional £461,849 owed to unsecured creditors and a £226,000 director’s loan.
David Flatman, a retired sports star, believes that Barnes needs guidance, not criticism, during this tough time. Flatman, who has worked with Barnes at various events, mentioned that Barnes wasn’t extravagant with his money and may have needed help managing his finances. Unlike players like Wayne Rooney, who retired with millions in the bank, Barnes didn’t play in an era where footballers earned massive salaries. Flatman emphasized that financial struggles can happen to anyone, not just sports stars.
Flatman expressed sympathy for Barnes and highlighted the pressure on athletes to manage their finances effectively. He pointed out that Barnes didn’t retire with the same financial security as modern players and may have relied on others to handle his money. Flatman suggested that Barnes, like many people, may have struggled with financial literacy and decision-making. He emphasized that financial challenges are not exclusive to sports stars and can affect anyone who lacks money management skills.
Despite Barnes’ bankruptcy, Flatman believes that the focus should be on providing support rather than criticism. He noted that Barnes’ situation is not unique and that many individuals face similar challenges with money. Flatman stressed the importance of educating people, including athletes, about financial responsibility to prevent future financial difficulties. He urged for a more compassionate approach towards individuals experiencing financial hardships, regardless of their profession or background.
In conclusion, Flatman’s remarks shed light on the complexities of financial management, especially for former athletes like John Barnes. The story serves as a reminder that financial challenges can impact anyone, regardless of their past success or fame. It underscores the importance of financial education and support systems to help individuals navigate through tough financial situations. Let’s hope that Barnes receives the assistance he needs to overcome his current financial struggles and rebuild his financial stability.