0 £0.00
This item was added to your basket

Dear visitor,
You are viewing 1 of your 1 free articles

We’ve made wider, important changes to our print and online content to enhance the value of exclusive, insightful, discerning content we create every day. Support valuable editorial content by becoming a member of our Credit Club - register for free or choose a paid plan.

Register now or Login

Former Man City striker joins list of bankrupt ex Premier League players

A former Manchester City striker who has racked up more than £1m in tax debts to HMRC has been declared bankrupt.


Jon Macken, 40, who had stints at Manchester United and Manchester City in a career spanning nearly 20 years, is the latest of 17 former Premier League players who have fallen into bankruptcy in the past decade.


He is also the latest ex Premier League star to amass large debts owed to the tax authority, after being advised to enter various tax schemes. He was officially declared bankrupt in court in Leeds on October 19. It’s the second time he has faced bankruptcy.


Ann Nilsson and Matt Carter of Mazars have been appointed as his trustees in bankruptcy.


Paul Rouse, partner and head of Mazars National Creditor Services, said: “Mr Macken is one of many high net worth individuals who were advised to enter various tax schemes and have subsequently found themselves faced with insurmountable liabilities as a result.


“HMRC are finding increasing success in the courts when challenging these schemes and there are a significant number of individuals who will undoubtedly have to face the same consequences as those that have entered bankruptcy proceedings already.


“Ann and Matt will now undertake a review of the assets available for distribution to the creditors in the bankruptcy estate.”


Macken enjoyed a spell in the limelight in 2004, when he scored the winner for Man City in an FA Cup match against Tottenham Hotspur. City had been 3-0 down at half time but came back famously to win 4-3, with Macken netting the fourth. The game was described at the time by BBC pundit Alan Hansen as one of the greatest in FA Cup history.


Macken began his career at Manchester United in 1995 and later joined Preston North End where he notched up 63 goals in 189 league matches. He then joined City, where he made 51 appearances and scored against Man Utd in the Manchester derby in 2014.

Share on LinkedInShare on TwittereCard
Add New Comment



Gold bullion dealer Stunt bankrupt after building up £14m debt

Gold bullion dealer Stunt bankrupt after building up £14m debt

Arcadia Group creditors approve CVA

Arcadia Group creditors approve CVA

FCA rules for buy-now-pay-later products could save customers up to £60m

FCA rules for buy-now-pay-later products could save customers up to £60m

Upcoming events

Car Finance Conference

Car Finance Awards

Collections & Vulnerability Summit

Credit Strategy
LinkedIn page

Did you find our website useful?

Thank you for your input

Thank you for your feedback

creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace.
@ Copyright Shard Media Group