Wales football legend Craig Bellamy has issued a stark warning to young footballers after court papers revealed he has been declared bankrupt. The 43-year-old made millions while playing for many of the biggest clubs in the Premier League, captained Wales as he made 78 appearances for his country, and skippered his home town club Cardiff City into the Premier League.
But he is using the shock news about his financial ruin to send out a message to today's young players to be careful about who they trust with their finances. Bellamy is said to owe £1,398,071.20 to Her Majesty’s Revenue and Customs. A petition was made against him by HMRC and lodged with the High Court in early February. "It is ordered that Craig Douglas Bellamy be adjudged bankrupt," read the court papers.
Bellamy these days resides in a flat paid for by Championship leaders Burnley where he is enhancing his reputation as a young coach by working as assistant to manager Vincent Kompany. His playing career saw him star for Liverpool in two spells, Manchester City, Newcastle, West Ham, and Celtic among other clubs. He became Wales captain when Ryan Giggs retired from international football in 2007, holding the armband for four years.