Paul Gascoigne pays off debt of almost £50,000

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Football News

Paul Gascoigne gave joy to so many people during his playing career, hence why the British public were so disheartened to see the upsetting images of the retired footballer clambering semi-naked from a taxi last week.

The 49-year-old, who has struggled with alcoholism since his playing career finished in the early 2000s, has suffered yet another relapse, leaving people wondering whether the ex-England international will ever be able to get himself on the straight and narrow.

However, there has been some much-needed good news for Gazza today: he’s paid off a debt of almost £50,000.


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This is according to the Mirror, who understand the troubled star will not be made bankrupt.

After convincing a court to give him time back to pay back his debts of £46,500, Gascoigne has paid off the full amount.

Gazza was given five years to pay off debt

He was given five years to meet the debt in 2011 after a bankruptcy petition was brought by the HMRC.

David Meany, of Ashtons Business Recovery Service, negotiated the deal with Gascoigne’s creditors.

“He entered into a voluntary arrangement to pay back the money and managed to avoid going bankrupt,” Meany said. “He kept to that agreement and has now paid everything back.

“He did it by releasing a book My Football World in Pictures and a speaking tour with Jimmy Greaves.

“It was all paid in full with interest as of May 11 this year.”

Gazza was once earning £22k a week

Gascoigne, who lives alone in a flat in Bournemouth, is regarded as the most talented English footballer of his generation.

The former Tottenham and Rangers star once picked up £22,000 a week at Lazio but appears to have lost most - if not all - of his career earnings.

Money, however, pales into insignificance compared to Gascoigne’s health.

This piece of good news will hopefully provide the much-loved Englishman with the inspiration to keep himself alcohol-free.

What can be done to help Gazza? Have your say by leaving a comment below.

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England Football
Premier League
Paul Gascoigne
Newcastle United
Tottenham Hotspur

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