Sunday, 19 October 2008




Fallen soccer star Paul Gascoigne is facing the threat of bankruptcy over massive debts to the taxman.

His finances will be probed in court by the Inland Revenue at London's High Court on November 6.

The ex-England ace, 41 - who has been battling booze and drugs addiction - has just £250,000 left of his £14million fortune.

Court papers give his address as his father's home in Gateshead, Tyne and Wear, and his occupation as "unknown". Gazza was once one of football's highest paid stars becoming a millionaire overnight when he was transferred from Newcastle to Spurs in 1988. And over the years, the money poured in.

He secured a £1.25million-a-year wage deal when he joined Italian giants Lazio in 1992 on top of a £1milliona-year boot contract.

His divorce from former wife Sheryl cost him a one-off payment of £1million-plus maintenance and he has lost huge sums in failed business ventures including a clothes store which went bust.



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