Frankie Dettori, the world’s most famous jockey, shocked the sport on Thursday when he announced he is filing for bankruptcy.
Dettori said: “For the last six months, my advisors have been working with HMRC in an attempt to find a solution to my financial situation. Regretfully, I will be filing for bankruptcy.
“I am saddened and embarrassed by this outcome and would advise others to take a stronger rein over their financial matters. Bankruptcy is a major decision and its consequences will affect me for many years.”
The Italian rider stated that he had been unsuccessful in efforts to resolve financial difficulties with HMRC.
More details to follow …
