German tennis legend Boris Becker has been discharged from bankruptcy court in London after a judge found that he had made every reasonable effort to repay his creditors. Despite falling short of repaying the nearly 50 million pounds he owed, Judge Nicholas Briggs ruled that it would be unfair to continue the case given Becker’s cooperation and efforts.
Becker, 56, was declared bankrupt in 2017 after failing to repay a loan of over 3 million pounds on his estate in Mallorca, Spain. He was subsequently convicted of four charges under the Insolvency Act, including removal of property, concealing debt, and failing to disclose estate. After serving 8 months in a London prison, Becker was deported to Germany two years ago.
In his ruling, Judge Briggs praised Becker’s cooperation with the bankruptcy trustees, noting that he had provided information and delivered up assets. Briggs stated that Becker “clearly falls on the right side of the line” in terms of bankrupt individuals who cooperate with the process.
Becker’s attorney, Louis Doyle, revealed that a settlement had been reached between the parties, including a “substantial sum” that Becker must pay. Doyle emphasized that Becker had done everything possible to resolve the case, including surrendering his outstanding trophies.
Becker’s financial problems stemmed from a combination of laziness and poor financial advice. He had previously worked as a coach, television commentator, investor, and celebrity poker player after retiring from professional tennis in 1999.
Despite his financial struggles, Becker remains a revered figure in the tennis world. He rose to stardom in 1985 at the age of 17 when he became the first unseeded player to win the Wimbledon singles title. He went on to become the world No. 1 player, winning two more titles at Wimbledon, two at the Australian Open, and one at the U.S. Open.
