Two insolvency practitioners at Begbies Traynor have been appointed as trustees to the bankruptcy of former Liverpool and Leeds Utd footballer Dominic Matteo.
Nick Reed and Jo Wright were appointed as trustees for the journeyman footballer, whose 17-year career ended in 2009. He was declared bankrupt in July after a two year spell at Stoke City
In recent years, Matteo had worked as a TV football pundit and a columnist for the Yorkshire Evening Post as well as a director of the Rock Bar venue in Leeds.
The Scottish born defender has previously admitted to losing over £1m gambling and his seven figure gambling debts were widely reported as the trigger for his bankruptcy.
Dale Hernon, national head of creditor services at Begbies Traynor in Leeds, said: “It is very early in the process as the trustees have yet to obtain all the required background documents and interview Matteo, so the full scale of the debts and the likelihood of any funds being recovered is uncertain.
“Mr Matteo was a highly respected footballer, especially in Leeds where he also had other business interests, and there has been a great deal of interest in the case.”
The trustees have indicated that the investigation of the bankruptcy will take some months and creditors with claims will receive updates directly in due course.
By Marcel LeGouais