In a surprising turn of events, former Manchester City defender Benjamin Mendy finds himself in a financial quagmire, as he puts his £5 million house up for sale and seeks £10 million in back pay from his former club.
The 29-year-old, who recently signed with Ligue 1 side Lorient after being cleared of sexual offence charges in a retrial, is facing the looming threat of bankruptcy.
Following his arrest in September 2021, Mendy’s pay was suspended by Manchester City, a move that has seemingly contributed to his current financial struggles. The situation escalated when HM Revenue and Customs (HMRC) filed a bankruptcy case against the French international due to an unpaid £800,000 tax bill.
Representing HMRC, Jacquille Jarrett highlighted that a settlement payment was anticipated but had not yet been received. The hope was to utilize funds from the sale of Mendy’s £5 million house or the back pay owed to him by his former employer.
Mendy’s accountants are currently in negotiations with Manchester City, aiming to secure a settlement of £9 million to £10 million following his recent not-guilty verdict. The defender’s agent assures that the pay issue will be resolved, but the matter remains unresolved as of now.
The financial turmoil has prompted Mendy to list his Cheshire property for sale, a move aimed at recovering lost funds. While the hearing has been adjourned until October 4 to allow Mendy time to sell the property, the situation highlights the challenges faced by professional athletes when navigating legal battles and financial troubles.
