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Tennis Champion Declared Bankrupt After Losing GBP100m In Nigeria

July 19, 2017
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Boris Becker may have lost his £100m fortune in part because of questionable investments in the Nigerian oil industry, according to claims in the German press.

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Since the 49-year-old former tennis star was declared bankrupt in a London court last month, speculation has been rife over how he managed to squander a personal fortune estimated at over £100m.

Now Germany’s Spiegel magazine has published claims that Mr Becker’s business dealings went far deeper than celebrity endorsements and media appearances.

The magazine claims he made investments in the Nigerian oil and gas industry, and at one point considered a single investment of more than $10m (£7.6m).

It also alleges he had extensive links outside the world of tennis that ranged from African leaders to Laxmi Mittal, the Indian steel billionaire, and was seen as some one who could facilitate business deals.

The claims centre on documents Spiegel says it was shown by Football Leaks, a whistleblowing website.

They include what purport to be internal emails from Doyen Global, a sports management agency which represented Mr Becker for a brief period starting in late 2013, which reportedly show that Becker Private Office, a company controlled by Mr Becker, held extensive shares in the Nigerian oil and gas business, Spiegel claims. Doyen Global did not respond to requests for comment.

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