Ex-Liverpool Defender Battles Bankruptcy Following Multi-Million Pound Court Dispute with Brother

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Ex-Liverpool Defender Battles Bankruptcy Following Multi-Million Pound Court Dispute with Brother

Steve Finnan, a former defender for Liverpool, is currently in a precarious financial situation amid a multi-million pound legal dispute with his brother. The 49-year-old faces the possibility of bankruptcy due to an unpaid debt related to a family feud.

Details of the Legal Dispute

A bankruptcy petition was filed against Finnan for failing to pay a five-figure sum connected to the ongoing feud with his brother, Sean. This dispute has roots extending back to 2019 when Finnan made Sean bankrupt.

Background of the Case

Finnan, who was part of Liverpool’s legendary 2005 Champions League-winning team, has been entangled in legal issues for nearly a decade. This started after he sued his brother over a failed property venture.

In 2018, Finnan received a £4 million settlement from a High Court ruling.
However, Sean did not fulfill his financial obligations from the settlement.
As a result, Finnan pursued a bankruptcy ruling against him in July 2019.

Since then, Finnan has been embroiled in a series of court battles, including legal action against his own solicitors. Notably, he sought to have a lawyer from Charles Russell Speechlys jailed for contempt during a failed £6 million negligence claim against the firm. This action resulted in Finnan receiving a significant costs bill, which he has failed to pay.

Current Bankruptcy Proceedings

This failure to settle debts has led to the recent bankruptcy petition against Finnan filed in Central London County Court. Earlier this month, the case escalated to the High Court, where Finnan attempted to appeal previous orders related to the petition.

Judicial Remarks

However, the judge, Mr. Justice Mellor, deemed Finnan’s appeal “hopeless” and suggested that it was merely a tactic to delay proceedings. “I form the strong view that this appeal simply amounts to an attempt on his part to delay the final hearing of this petition for as long as possible,” Mr. Justice Mellor noted.