Latest news with #AngelRevive
Daily Mail
12-05-2025
- Business
- Daily Mail
Steven Gerrard suffers major blow as friend's water company CLOSES with eye-watering debt - after Liverpool icon and investors 'pumped in £2.5m'
Steven Gerrard is licking his wounds after a business he invested in heavily was forced to close in mountains of debt. The Liverpool legend and fellow investors reportedly pumped £2.5million into his friend's water company, as per the Sun. But now Angel Revive alkaline water has been forced to close after years of financial struggles and accounts on Companies House show a £542,220 debt. Almost £400,000 of that is in unpaid rent. Gerrard held a 25 per cent stake in the firm and has reportedly had £50,000 of his money back, but is still missing lots. He was also a brand ambassador. Angel Revive was founded in 2016 by Mark Doyle and Gerrard has previously called it 'the superhero of waters in purity, nutrition and healthiness'. The water was sourced from a spring in rural Lancashire and its website said it 'naturally contains minerals and electrolytes that promote wellness for the body', helping to maintain an 'optimum pH balance'. However, the business is now listed as 'permanently closed' on Google and the link to its website on Instagram leads to a 'domain misconfigured' page. Angel Revive did manage to amass a following of more than 34,000 users on Instagram but has not posted since December 2021. The company was reported to be in around £1m of debt in October 2020. The water originated from an aquifier in Mawdesley, Lancashire, with reports going back to the 1700s of its healing benefits. Doyle previously said: 'Our spring and its water have been the subject of numerous reports and commentary since Elizabethan times as to the curative benefits of water. 'However we do not claim our water can heal you - the belief is your own. 'For unknown reasons the spring had been covered over and buried for over a century until its history and benefits were brought to the attention of the current landowner.' Doyle had initially come across the natural spring in his back garden and brought in an excavator to find the source, before extracting and bottling it for sale. He is reportedly shortlisted for the Rangers job, having won the title there in 2020-21 Gerrard will be on the hunt for his next opoportunity having left Saudi Arabian side Al-Ettifaq in January. He is one of four former Premier League bosses who have been shortlisted for the Rangers job, according to The Telegraph. Philippe Clement was sacked in February and Barry Ferguson has been in interim charge. Gerrard led Rangers to the Scottish Premiership title in 2020-21, winning 32 of 28 league games, going unbeaten, and only conceding 13 goals in the process. However, since then, his stints with Aston Villa and Al-Ettifaq have been more of a mixed bag.
The Irish Sun
11-05-2025
- Business
- The Irish Sun
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
Scottish Sun
11-05-2025
- Business
- Scottish Sun
Blow to Steven Gerrard as he loses eye-watering sum of money after pal's business closes with huge debts
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) 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. 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. Paperwork said: 'The company has negative reserves and is dependent on continued financial support of directors and shareholders.' Gerrard is among contenders for the managerial job at his Scottish giants Rangers, who he managed previously for three years from 2018, winning the Scottish Premiership in 2021. The Gers are seeking a permanent manager after sacking Philippe Clement in February, with former midfielder Barry Ferguson being placed in temporary charge since. Gerrard left Ibrox to take over as Aston Villa manager but was sacked in October 2022 after winning just two of 12 games. He then took up the manager's job at Saudi outfit Al-Ettifaq, but left by mutual consent in January
The Sun
11-05-2025
- Business
- The Sun
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. 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. Paperwork said: 'The company has negative reserves and is dependent on continued financial support of directors and shareholders.' Gerrard is among contenders for the managerial job at his Scottish giants Rangers, who he managed previously for three years from 2018, winning the Scottish Premiership in 2021. The Gers are seeking a permanent manager after sacking Philippe Clement in February, with former midfielder Barry Ferguson being placed in temporary charge since. Gerrard left Ibrox to take over as Aston Villa manager but was sacked in October 2022 after winning just two of 12 games. He then took up the manager's job at Saudi outfit Al-Ettifaq, but left by mutual consent in January
