• search

Becker optimistic about business loss case

Written by: Staff

BERLIN, May 11 (Reuters) Former Wimbledon champion Boris Becker is optimistic he will avoid being judged liable for 1.5 million euros (1.92 million dollar) in losses following the collapse of his Internet sports portal, his lawyers said.

Germany's Federal Court earlier this week annulled a ruling by a lower court in Munich that Becker, 38, was not liable for the sum following the failure of the Sportgate portal, opening the way for a new trial.

The website was supposed to be the portal for the German Sports Federation but the company filed for insolvency in 2001.

The administrator has said that Becker, who was a majority stakeholder in the company, had promised to pay 1.5 million euros to cover the firm's losses -- a charge Becker has denied.

As it was up to the insolvency administrators to bring the burden of proof in the case, ''Mr Becker regards the continuation of proceedings optimistically'', his lawyers said in a statement yesterday.

The three-times Wimbledon champion has run into considerable trouble since retiring from tennis in 1999, including a costly divorce, an admission that he fathered a child with a Russian model and a string of failed business ventures.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more