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Emile Heskey 'is facing bankruptcy, with HMRC filing a petition in the High Court' against the former Liverpool and England star

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Former Liverpool, Leicester City and Aston Villa striker Emile Heskey is reportedly facing bankruptcy.

The 45-year-old - who also won 62 caps for England - had a net worth that was estimated to be £12million back in 2009.

However, according to The Sun, he has faced financial woes since joining a celebrity investment scheme which has now been placed at the centre of a £1.6bn tax dispute.

The report claims this has culminated in HMRC filing bankruptcy petition against Heskey in the High Court.

It comes after several financial problems have been reported in regards to the former striker over recent years.