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Arsenal legend Ian Wright on the verge of bankruptcy

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Ian Wright has told how he lost EIGHT houses due to financial problems and has been told to go bankrupt.

The Arsenal and Crystal Palace legend blames bad advice during his time at the top of the game for which he is still paying the price.

Wright, 52, remains one of the all-time Premier League greats, scoring 113 goals in 213 appearances.

The Woolwich-born striker says during his peak years, he had “the 12,000sq ft house with all the cars outside, like on MTV Cribs.”

But he revealed he lost much of it in a costly divorce from his first wife.

Wright has eight children by four different women.

In an extract from his new autobiography ‘Ian Wright: A Life In Football’ he writes: “I live far more modestly than some people might expect. ”

Ian Wright said he remains troubled by “income tax issues”

“I’m constantly getting cab drivers coming to pick me up, seeing I live in a normal terraced house and saying, ‘Blimey, is this where you live? I expected something bigger’.”

Wright claimed he is part of a generation of 1990s footballers let down by financial advisers who “took our money to carry out the advice we paid them to give us but never paid the tax.”

The former England striker and BBC pundit said he has been told to go bankrupt but fears he would lose his TV career.

He added: “…they’d probably say I spent it all on weed, or that I lavished it all on cars, clothes and an extravagant lifestyle.”

Despite his financial problems, Wright says he’s never been happier with second wife Nancy.

“It’s taken me until the age of 52 to properly learn what love is,” he wrote.

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