The German’s lawyers had argued there was sufficient evidence to show that he would be able to pay the debt soon through a refinancing arrangement, involving remortgaging a property in Mallorca, which was expected to raise six million euros (.7 million).Becker’s advocate said his client was not likely to benefit from bankruptcy and it could have an adverse effect on his “image”.
Laywers for the the three-time Wimbledon champion pleaded with a Bankruptcy Court registrar on Wednesday to allow Becker a “last chance” to pay off the debt.
But Registrar Christine Derrett, who recalled watching Becker play on Centre Court, ruled there was a lack of credible evidence the outstanding payment would be forthcoming and refused to adjourn the case.
Read more: Novak Djokovic and coach Boris Becker part ways Lawyer: Becker lacks financial know-how The court registrar, Christine Derrett, said it was "with regret" she had concluded there was a lack of credible evidence the amount would be paid soon.
She refused to adjourn the case for an additional 28 days and announced a bankruptcy order.
"This order relates to one disputed loan which I was due to repay in full in one month's time!