Newspaper article from our research archive:
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Riise [pounds sterling]1.5m in red as company books make bad reading.
- Article from:
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The Mail on Sunday (London, England)
- Article date:
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February 25, 2007
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Copyright informationCOPYRIGHT 2007 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: DANIEL KING
LIVERPOOL defender John Arne Riise is struggling to repay debts of [pounds sterling]1.5 million in his native Norway.
Riise hit the headlines last week after his altercation with team-mate Craig Bellamy and their subsequent goalscoring heroics in Barcelona, but back home he is in the news for the problems surrounding his company, Riise Invest AS.
According to its last set of accounts, from 2004, the firm owes 17.8m Norwegian kroner to a variety of financial institutions and appears to have been in a mess for some time.
The 2005 accounts are five months overdue, and those for 2003 and 2004 were both submitted seven months late, in one ...
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