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Former Latics stopper declared bankrupt after property venture turns sour

Simon Binns on a terrace hero who failed to find success after the final whistle

Written by . Published on July 22nd 2010.


Former Latics stopper declared bankrupt after property venture turns sour

Former Oldham Athletic FC goalkeeper Jon Hallworth has been declared bankrupt.Hallworth, who was born in Stockport and spent eight years at Oldham Athletic after joining in 1989, was made bankrupt on June 14 after the collapse of his business.The former stopper, who still lives in Oldham, was a director of Equitybuild.com, a firm he set up in 2004 to develop and sell property - this is not related to a US-based company of the same name.

Hallworth was part of the team that saw the Latics make its first appearance at Wembley – a 1-0 Littlewoods Cup defeat to Notts Forest – and two epic FA Cup semi-finals in 1989 and 1990, both of which were lost to Manchester Utd.

Most recent financial figures for the business, for the year to March 2008, show that the firm had debts of £108,000. No turnover or profit figures are recorded, although the company did have net assets of £92,000.

The business is still trading although it appears to have been another victim of the property boom and bust.

Hallworth was part of the team that saw the Latics make its first appearance at Wembley – a 1-0 Littlewoods Cup defeat to Notts Forest – and two epic FA Cup semi-finals in 1989 and 1990, both of which were lost to Manchester Utd.

The same team beat Oldham Athletic again in another FA Cup semi final, this time in 1994. In the same year, the club was also relegated from the Premiership after a three-year spell.

The team Hallworth played in is fondly remembered by Latics fans and produced some of the more successful players in its history, including Denis Irwin, Andy Ritchie, Earl Barrett, Roger Palmer and Mike Milligan. It was also a member of the first ever Premiership season in 1991.

Hallworth left the club on a free transfer in 1997, joining Cardiff City. He stayed there until 2001 and eventually turned out for Welsh clubs Newport County and Bangor City, playing his last game in 2003.

The bankruptcy order was made on June 14 in Oldham County Court, after a petition by one of Hallworth’s creditors, Adrian Fraine, a director of London-based Edenheart Finance Ltd. No details of total liabilities have been released. Manchester Confidential was unable to contact Hallworth for a statement.

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AnonymousNovember 2nd 2010.

Property,recently been hard game... buying and renting properties... Shaw/Oldham and NEWhey good tenennts in them areas would'nt bother with Hotels big projects...

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