The world’s most well-known jockey Frankie Dettori has revealed he will likely be submitting for chapter.
The adorned Italian, who was received tons of of Group One races all around the world, says he has been unsuccessful in efforts to resolve monetary difficulties with HMRC.
In an announcement, Dettori mentioned: “For the last six months, my advisors have been working with HMRC in an attempt to find a solution to my financial situation. Regretfully, I will be filing for bankruptcy.
“I’m saddened and embarrassed by this consequence and would advise others to take a stronger rein over their monetary issues.
“Bankruptcy is a major decision and its consequences will affect me for many years.”
The 54-year-old cancelled his plans to retire from the saddle in 2023 and has since ridden full-time within the USA.