Former Liverpool winger Jermaine Pennant has revealed that he has frittered away £10million through a lavish lifestyle which has left him bankrupt.
Pennant was officially declared bankrupt at the start of the year because of debts to a string of creditors, including HMRC, banks, councils and utility companies, which were estimated at £1m. The 39-year-old played for Arsenal, Birmingham, Liverpool and Stoke during a 18-year professional career, yet squandered his earnings.
He owned a fleet of top-of-the-range cars, including a Ferrari F430, an Aston Martin DB9, a Lamborghini, a Porsche GTS and several Range Rovers. Pennant also enjoyed luxury holidays to places like the Maldives, Bahamas, Seychelles and Dubai, and once dropped £25,000 on a single bar tab in Las Vegas while on a lads’ holiday..
