GERMANY: BORIS BECKER IS FINED BY GERMAN COURT OVER FINANCIAL COLLAPSE OF SPORTS INTERNET WEB SITE
Record ID:
647600
GERMANY: BORIS BECKER IS FINED BY GERMAN COURT OVER FINANCIAL COLLAPSE OF SPORTS INTERNET WEB SITE
- Title: GERMANY: BORIS BECKER IS FINED BY GERMAN COURT OVER FINANCIAL COLLAPSE OF SPORTS INTERNET WEB SITE
- Date: 18th December 2003
- Summary: MUNICH, GERMANY (DECEMBER 18, 2003) (REUTERS - ACCESS ALL) 1. EXTERIOR OF MUNICH COURT 2. SIGN 3. REPORTERS WAITING 4. (SOUNDBITE) (German) LAURENT SCHMITT, LAWYER SAYING: "The verdict was just read and effectively it has turned down the lawsuit of the insolvency official to the marginal amount of 6,000 euros, staying well below the 1.5 million euros demanded." 5. WIDE OF SCHMITT 6. (SOUNDBITE) (German) LAURENT SCHMITT, LAWYER SAYING: "So in so far the verdict is a continuation of the oral presentation. The lawsuit had a lot of question marks. The court has decided to turn down the lawsuit." 7. WIDE OF SCHMITT BERLIN, GERMANY (FILE: AUGUST 8, 2000) (REUTERS - ACCESS ALL) 8. VARIOUS OF BECKER WALKING THROUGH BRANDENBURG GATE WITH FORMER RTL BOSS AND SPORTGATE MANAGER HELMUT THOMA (GREY SUIT AND YELLOW TIE) AND PIXELPARK CHIEF EXECUTIVE OFFICER PAULUS NEFF Initials Script is copyright Reuters Limited. All rights reserved
- Embargoed: 2nd January 2004 12:00
- Keywords:
- Location: MUNICH, GERMANY
- Country: Germany
- Reuters ID: LVA2RNDERDJKE5W0R51F57AHDJ6F
- Story Text: Boris Becker fined by a German court over his role
in the financial collapse of a German sports website.
Three-times Wimbledon champion Boris Becker was
fined by a German court on Thursday (December 18) over his
role in the financial collapse of a German sports website.
A Munich court ordered Becker to pay 5,700 euros (7,000
US dollars) -- much less than the administrator of
insolvent Internet portal Sportgate was asking for.
The administrator said Becker, who was a majority
stakeholder in the company, had promised to pay 1.5 million
euros (1.85 million US dollars) to cover the firm's losses.
Becker, who was not in court for the ruling, denied the
charges.
The 36-year-old German has run into considerable
trouble since retiring from tennis in 1999, including a
costly divorce, an admission he fathered a child with a
Russian model and a string of failed business ventures.
Last year he received a two-year suspended jail
sentence and a hefty fine after being convicted of tax
evasion for claiming residence in Monaco while actually
staying in Munich between 1991 and 1993.
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