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Last Updated: Wednesday, 13 February 2008, 18:41 GMT
TV betting expert made bankrupt
Angus Loughran
Angus Loughran is the horse racing betting pundit for the BBC
Television gambling expert Angus Loughran has been declared bankrupt, the Insolvency Service has confirmed.

Loughran, whose former address in Bowdon, Cheshire, was given, was declared insolvent at Manchester County Court on 4 February.

Details of his debts and whether he declared himself bankrupt or someone else petitioned it were not disclosed.

Loughran is the BBC's horse racing odds pundit, and was "Statto" on TV's Fantasy Football League in the 1990s.

Bankruptcy rules

He is also a football commentator for Eurosport and has a betting column in the Daily Telegraph. His occupation for the bankruptcy was given as sports consultant.

His agent, Jane Morgan Management, said no one was available for comment.

Under bankruptcy rules, he will not be able to obtain credit for more than 500 without disclosing his bankruptcy, open a new bank account, act as a company director, or take part in the management of any registered company without the permission of a judge.

The bankruptcy order runs out after 12 months.

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