The most famous knight in the world, Frankie Ditoori, revealed that he would go bankrupt.
The Italian decorated, who won hundreds of group races all over the world, says he has not succeeded in efforts to resolve financial difficulties with HMRC.
In a statement, Dettori said: “Over the past six months, a consultant has been working with HMRC in an attempt to find a solution to my financial trust. Unfortunately, I will provide bankruptcy.
“I feel sad and embarrassed by this result and we will advise others to take stronger on financial matters.
“The bankruptcy is a big decision and its consequences will affect many years.”
The 54 -year -old canceled his retirement plans from the saddle in 2023 and has rode full time since then in the United States of America.
The contestant lost a challenge about not disclosing his identity in the procedures in a specialized tax court in December, which allowed him to remember the name “Tax Avoid Scheme”.
At that time, dettori said: “A few years ago, I used the services of professional tax consultants to care for my family’s financial affairs.
“A structure was created and I was said to have been approved by HMRC.
“After years, HMRC is now challenged by this structure. The former advisers have been rejected since then.
“The new advisers and management team are working hard to reveal the chaos that I set.”