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Last Updated: Friday, 30 March 2007, 08:52 GMT 09:52 UK
Riise declared bankrupt by courts
John Arne Riise
Riise is facing a fight over how his fortune has been invested
John Arne Riise has been declared bankrupt by Liverpool County Court for an unpaid debt of around 100,000.

The Liverpool defender, who is thought to earn around 50,000 a week, is involved in a legal battle with his former agent, Einar Baardsen.

The case is reported to be linked to an alleged 3m fraud investigation going through the courts in Norway.

Riise's solicitors are believed to be preparing to go back to court to have the bankruptcy order annulled.



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