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Boris Becker May Be Forced To Sell Wimbledon Trophies To Pay Off $71M Debt

Boris Becker "is believed to have borrowed" £2M from a British telecom billionaire "amid claims he may sell his Wimbledon trophies" to help pay off an alleged £54M ($71M) debt, according to Harry Yorke of the London TELEGRAPH. The three-time Wimbledon champion was declared bankrupt in June. Becker's "costly divorce" from his first wife and a "series of failed business ventures" have seen his assets dwindle from £35M to just €540,000 ($634,800), according to German magazine Stern. Becker’s financial woes "are said to have spiralled," with the six-time Grand Slam winner now owing £10.5M ($13.8M) to Arbuthnot Latham & Co., a private London bank. He also reportedly owes €38.4M ($45.1M) to Hans-Dieter Cleven, his long-term business adviser. It "is understood that his total debts" amount to more than £54.4M ($71.5M), a figure "vehemently denied" by his lawyer, Christian-Oliver Moser (TELEGRAPH, 10/6).

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