Written by queen mudder
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Friday, 27 November 2009

image for Premiership bankruptcies loom as players sink under Dubai debt
There could be hell to pay for among the Premiership's WAGs

London - (Rioters): The Dubai ponzi crash is threatening to bankrupt some of the UK Premier League's top players.

Dozens daft enough to have bought into the Emirate's holiday homes scam face the repo man as Emirate debt collectors begin calling in home loans.

"We're talking household names like Michael Owen, Joe Cole, Andy Cole, David James and Kieron Dyer," a spokesman for accountants Deloiters said today, "not to mention David Beckham and his stickinsect wife Victoria."

Work on Dubai construction projects ground to a halt this week as the Emirate's ruler Shaikh Mohammed tottered under the weight of an estimated $200 billion of personal debt.

"Restructuring Dubai's finances begins with leaning on some of those cash-rich UK Premiership players," Northern Crock Bank (Dubai) CEO Adam Applecart told reporters.

"Some reckon they'v had it coming a long time."

There's only one Gary Lineker.

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