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Last Updated: Friday, 30 March 2007, 08:52 GMT 09:52 UK
Riise declared bankrupt by courts
John Arne Riise
Riise is facing a fight over how his fortune has been invested
John Arne Riise has been declared bankrupt by Liverpool County Court for an unpaid debt of around �100,000.

The Liverpool defender, who is thought to earn around �50,000 a week, is involved in a legal battle with his former agent, Einar Baardsen.

The case is reported to be linked to an alleged �3m fraud investigation going through the courts in Norway.

Riise's solicitors are believed to be preparing to go back to court to have the bankruptcy order annulled.



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