Blow to Steven Gerrard as he loses eye-watering sum of money after pal's business closes with huge debts
FOOTIE manager Steven Gerrard has pulled the plug on a company flogging 'healthy' water.
The former Liverpool midfielder and England captain pumped £371,524 into Angel Revive, which was run by a friend.
Advertisement
1
Steven Gerrard has lost an eye-watering sum of money after his pal's business closed with huge debts
But he has lost most of his money along with fellow investors who ploughed £2.5million into the business, which has closed with huge debts.
Gerrard owns a 25 per cent stake.
The 44-year-old has had £50,000 of his investment back, but remains massively out of pocket.
The company has debts of £542,220, including £398,353 in unpaid rent.
Advertisement
READ MORE ON STEVEN GERRARD
Paperwork said: 'The company has negative reserves and is dependent on continued financial support of directors and shareholders.'
The Gers are seeking a permanent manager after sacking Philippe Clement in February, with former midfielder
Gerrard left Ibrox to take over as
Advertisement
Most read in Football
Breaking
Latest
He then took up the manager's job at Saudi outfit
Steven Gerrard gives update on return to management after Liverpool legend left Al-Ettifaq
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Irish Times
17 hours ago
- Irish Times
Liverpool turn down Barcelona's approach for winger Luis Diaz
Liverpool have rebuffed an approach by Barcelona for winger Luis Diaz. The Colombia international has been a target for the La Liga champions for some time, although he has also been attracting interest from Saudi Pro League side Al-Nassr. Only last month Barca's sporting director Deco publicly named Diaz, and Manchester United's Marcus Rashford, when talking about their transfer plans. However, when the Catalan club made an approach to Liverpool on Wednesday they were told they had no intention of selling. Diaz turned 28 in January and has two years remaining on his current deal but it is believed there are currently no plans to open negotiations on any extension. READ MORE However, with Darwin Nunez expected to depart this summer and the future of Federico Chiesa in doubt after a frustrating debut season in which he made just 14 appearances, Arne Slot's Premier League-winning forward line already looks like losing two of its members. The arrival of Florian Wirtz, with discussions ongoing with Bayer Leverkusen over the transfer fee after a recent €129 million bid was rejected, will likely offset the impact of that – especially as Nunez and Chiesa contributed just nine goals between them. But it is understood potentially losing a third member of the attack would only be sanctioned if there was a bid which allows Liverpool to significantly improve the team or if the player agitated for a move. Last month Diaz told American-Spanish television channel Telemundo: 'For me, I'd stay however many years it takes.' Liverpool have already recruited Jeremie Frimpong from Leverkusen to strengthen their right side following the departure of Trent Alexander-Arnold and are looking to bolster the left with a move for Bournemouth defender Milos Kerkez. The Cherries value the 21-year-old Hungary international, who is keen on a move to Anfield, at £45 million (€53.5 million) but Liverpool's sporting director Richard Hughes is currently negotiating with his former club over the fee.
Irish Examiner
a day ago
- Irish Examiner
Ringmahon Rangers to receive separate sum from Brentford following Caomhín Kelleher move
Ringmahon Rangers will be paid a separate six-figure sum by Brentford following their former player Caoimhín Kelleher's €15m transfer from Liverpool. Astute negotiating by the Cork grassroots club a decade ago ensured they would benefit to the tune of 20% if the goalkeeper was sold by the Reds. That situation unfolded this week after Kelleher opted to leave the Premier League champions with a year left on his contract, thereby activating the clause brokered by his schoolboy club. Ringmahon's minimum share of €3m will likely rise when the 26-year-old reaches milestones around appearances and league position, triggering add-ons. Liverpool are responsible for honouring that bilateral agreement but Ringmahon are now due money from the buying club under Fifa's statute called solidarity payments. This stipulates that 5% of every transfer fee is ringfenced for clubs the player trained with in a different country between the ages of 12 and 23. That amounts to €750,000 in this case. Ringmahon are entitled to the monies up to 16 when Kelleher left for his professional career at Liverpool – around €250,000. As the Blackrock native spent a brief five-month spell at Rockmount, Ringmahon agreed to disperse 20% of their sell-on, €600,000, of the main largesse. They will also receive a minor cut of the sum due through the Fifa route. Should, as expected, Kelleher be sold by Brentford before his five-year contract lapses, the same procedure applies. For instance, due to Nathan Collins playing all his underage football at Cherry Orchard before joining Stoke City at 16, they have profited from the €65m cumulative transfers he's been involved in to Burnley, Wolves and Brentford. Orchard hatched a sell-on with Stoke for a lower percentage than Ringmahon's but the solidarity income swelled their windfall.
The Irish Sun
a day ago
- The Irish Sun
Liverpool ready to pay full £126million asking price for Florian Wirtz to avoid drawn-out transfer saga
LIVERPOOL are preparing to pay the full £126million asking price to capture Florian Wirtz as soon as possible. The Bayern Leverkusen playmaker is understood to have agreed a five–year deal. 3 Liverpool are ready to stump up the full £126m for Florian Wirtz Credit: Getty Although the clubs have yet to agree a final fee. But boss His Now Anfield's chief executive of football Michael Edwards has been given permission by owners Fenway Sports Group to go all–in. READ MORE ON FOOTBALL There is growing Kop optimism that the 22-year-old will put pen to paper after the end of the international break on Sunday. He opened the scoring at the Allianz Arena with a well-taken header just after half-time. But Francisco Conceicao and Most read in Football CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS Julian Nagelsmann's side will now face either France or Spain who play tonight in Sunday's third-fourth play-off. After that, Wirtz will be free to have a medical. The Sports Desk EP13_AP_V2 And, as is now all but certain, become the showpiece signing of Slot's squad summer splurge with But they now accept the Bundesliga club will not back down on their original valuation. They are hoping all negotiations can now be completed by the weekend and that Wirtz will be signed and sealed before heading out on holiday in readiness to join his new club for pre-season training which starts early next month. The attacker's number at Anfield remains unclear. Reports suggested he Wirtz, who wears No10 for Leverkusen but No17 for Germany, wrote: "Who says I want the 10 [emoji]. "I respect players. "Don't believe everything that's written," followed by a clown emoji. Elsewhere, 3 Wirtz opened the scoring for Germany in their Nations League semi-final but lost to Portugal Credit: Getty 3
