BBC Presenter Ugo Monye Faces Bankruptcy Amid £200,000 Tax Debt

[Social Media]

 

Former England rugby star and BBC presenter Ugo Monye is facing severe financial challenges as he battles bankruptcy proceedings over an unpaid tax bill of nearly £200,000. The financial troubles surfaced after his company, Show Me The Monye, was liquidated, leaving unpaid taxes and National Insurance contributions.  

 

According to records from Companies House, HMRC obtained a winding-up order against Monye's business in December 2023. The company, established in 2012 to promote physical well-being, owed £108,562 in corporation tax and £72,967 in other taxes by the end of June 2022. In a further blow, HMRC filed a bankruptcy petition against Monye in the High Court on December 4, 2023.  

 

Monye's financial difficulties have unfolded after his tenure on the BBC's "A Question of Sport" ended prematurely. The long-running sports quiz show was revamped with Monye, Sam Quek, and Paddy McGuinness leading the program. However, the revamp lasted just two years before being axed, leaving Monye without a significant platform.  

 

Monye is not the only former England rugby star to face financial distress. Lawrence Dallaglio, a World Cup-winning former England captain, is also grappling with a significant tax burden. Liquidators have claimed Dallaglio owes £423,570.43, a figure that includes money loaned from his company, Lawrence Dallaglio Limited.  

 

Documents reveal that Dallaglio has not responded to demands for repayment, despite liquidators seeking funds to address debts, including £290,000 and £64,000 owed to HMRC. Other creditors include Parker Cars Limited, owed £1,891.82, and Coutts Bank, owed £24,000.  

 

The liquidators' report detailed financial losses incurred by Dallaglio’s company, including missed payments from ITV during the Rugby World Cup. The broadcaster invoked an insolvency clause, withholding payments for work during the tournament's knockout stage after the company entered liquidation.  

 

These high-profile cases highlight the financial risks faced by professional athletes transitioning to new careers after their sporting days. Despite their success on the field, both Monye and Dallaglio are now contending with the significant financial and legal pressures that accompany unpaid tax debts. MailOnline reached out to Monye for comment, but no response has been provided at this time.

 

Based on a report by Daily Mail 2024-01-16

 

 

[soalbundy]

An apt post considering the AN headline regarding expat taxation.

[Chomper Higgot]

4 hours ago, Social Media said:

These high-profile cases highlight the financial risks faced by professional athletes transitioning to new careers after their sporting days. Despite their success on the field, both Monye and Dallaglio are now contending with the significant financial and legal pressures that accompany unpaid tax debts.

I know a guy who made a fortune providing financial services to top tier football players.

 

He commented, but for the ability to kick a ball and run fast, most would be otherwise carrying a hod on a building site.

 

 

[Bkk Brian]

32 minutes ago, Chomper Higgot said:

I know a guy who made a fortune providing financial services to top tier football players.

 

He commented, but for the ability to kick a ball and run fast, most would be otherwise carrying a hod on a building site.

 

 

Your mate sounds like a dick, most people with large amounts of money can do with a financial advisor, its not a football player thing and being a good hod carrier can actually carry a lot of respect on a building site with a decent amount of money if in a good gang.

 

Angela Rayner's housing promises is going to require thousands of them

[JonnyF]

1 hour ago, Chomper Higgot said:

I know a guy who made a fortune providing financial services to top tier football players.

 

Nice to know the type of people you mix with.

 

1 hour ago, Chomper Higgot said:

 

He commented, but for the ability to kick a ball and run fast, most would be otherwise carrying a hod on a building site.

 

 

 

Sounds like he shares your disdain for the working classes. Bet you two had a right good laugh at those lowly "hod carriers". 

[ChaiyaTH]

5 minutes ago, JonnyF said:

 

Nice to know the type of people you mix with.

You must be really ignorant if you think it is done better for you in your 'organized pension'. We are just months or a few years away before they do a rug pull on those.

[Bday Prang]

1 hour ago, Chomper Higgot said:

I know a guy who made a fortune providing financial services to top tier football players.

 

He commented, but for the ability to kick a ball and run fast, most would be otherwise carrying a hod on a building site.

 

 

I note that you have encountered a bit of criticism for the above comment, but to be honest this is one subject I agree with you on.

I went to school with two lads whose fathers were pro footballers in the 60's   I won't mention any names but both also became pro footballers. One played for Rangers and also for England .   Both as thick as a dockers sandwich  both attended the remedial class, accompanied by every member of the school team.

However neither would ever have cut it as a hod carrier

I doubt the current crop of imported   foreign footballers are any better, some of which have never been near a school. However they might make better hod carriers 

[Chomper Higgot]

32 minutes ago, JonnyF said:

 

Nice to know the type of people you mix with.

 

 

Sounds like he shares your disdain for the working classes. Bet you two had a right good laugh at those lowly "hod carriers". 

Jonny you’re letting a bit of your wealth envy out.

 

They’re not hod carriers, or did you miss that bit?

 

 

[Chomper Higgot]

7 minutes ago, Bday Prang said:

I note that you have encountered a bit of criticism for the above comment, but to be honest this is one subject I agree with you on.

I went to school with two lads whose fathers were pro footballers in the 60's   I won't mention any names but both also became pro footballers. One played for Rangers and also for England .   Both as thick as a dockers sandwich  both attended the remedial class, accompanied by every member of the school team.

However neither would ever have cut it as a hod carrier

I doubt the current crop of imported   foreign footballers are any better, some of which have never been near a school. However they might make better hod carriers 

The context of the conversation, which took place in Cheadle Hume, was the financial mess a local team player had got himself in.

 

It’s a common enough occurrence, the OP simply reporting the latest iteration.

 

[JonnyF]

6 minutes ago, Chomper Higgot said:

Jonny you’re letting a bit of your wealth envy out.

 

Hardly. The guy is going bankrupt. 😄

 

6 minutes ago, Chomper Higgot said:

 

They’re not hod carriers, or did you miss that bit?

 

 

 

I certainly didn't miss your disdain for those that are...

 

Classic Labour supporter and their contempt for the working class of Britain. 

[Chomper Higgot]

1 minute ago, JonnyF said:

 

Hardly. The guy is going bankrupt. 😄

 

 

I certainly didn't miss your disdain for those that are...

 

Classic Labour supporter and their contempt for the working class of Britain. 

There’s nothing wrong with carrying a hod Jonny, it wouldn’t be my career choice, but I have nothing but respect for hard working people.

 

Perhaps your assumption that hod carriers are deserving of contempt is the real message in your post.

 

[JonnyF]

Just now, Chomper Higgot said:

There’s nothing wrong with carrying a hod Jonny, it wouldn’t be my career choice, but I have nothing but respect for hard working people.

 

I know Chomps, I worked as a labourer on building sites during the holidays to put myself through 3 years of University. I can assure you it's extremely hard work, especially in the winter.  

 

Just now, Chomper Higgot said:

 

Perhaps your assumption that hod carriers are deserving of contempt is the real message in your post.

 

 

It was you and your financial advisor mate who were using the hod carrier as an example of a low status job.

 

2 hours ago, Chomper Higgot said:

He commented, but for the ability to kick a ball and run fast, most would be otherwise carrying a hod on a building site.

 

Oh how you two intellectual giants must have laughed at the lowly working class labourers. 😄

[Justanotherone]

he much have made a multiply of that, to owe that much...