Liverpool full-back John Arne Riise has been declared bankrupt at Liverpool County Court today for an unpaid debt of around £100,000. The 26-year-old, understood to earn £50,000 a week, is listed as a bankrupt on the government's Insolvency Service website.

Legally, a bankrupt is a person who has debts they cannot pay. It names Riise, gives his address, but fails to list his occupation, giving the status "Currently Bankrupt".

Riise is involved in a legal battle with his former agent, Einar Baardsen, over how his money has been invested. Baardsen stopped representing the player in 2005.