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Trustees appointed to estate of former Newcastle star made bankrupt

1 year ago
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Trustees have been appointed to the bankruptcy estate of former Newcastle star Steve Watson.

The versatile defender/midfielder (even occasional striker!) was one of the last really successful batches of young players to come through at Newcastle United.

Along with the likes of Robbie Elliott, Steve Howey and Lee Clark, Watson got his chance under Ossie Ardiles and then flourished under Kevin Keegan.

Steve Watson had a very decent career after leaving Newcastle, playing for the likes of Aston Villa, West Brom and Everton.

Only two months ago the former Newcastle player made his breakthrough into football management, getting  the job at Gateshead.

Hopefully this is the start of better times ahead for a player who was a great asset for Newcastle under Kevin Keegan.

I will never forget the look on people’s faces when Watson first did his forward roll/handspring long throw, think it was Oldham away.

Kingston Smith and Partners:

‘Christopher Purkiss and Michaela Hall of Kingston Smith & Partners LLP (the corporate recovery and insolvency arm of accountancy firm Kingston Smith) have been appointed trustees to the bankruptcy estate of Steve Watson, the former Newcastle United and Everton footballer who was declared bankrupt on 4 September 2017.

Chris Purkiss said: “Mr Watson will be required to attend for interview in the coming weeks. Following the interview, the trustees will be able to determine the full scale of Mr Watson’s debts and assets.

As the formal handover from the Official Receiver only occurred recently, it’s currently unclear if his creditors will receive a distribution. The trustees will update Mr Watson’s creditors regularly as the case progresses, however it is likely the investigation into the bankruptcy will take a number of months”.

Watson who holds the record for being the youngest person to play for Newcastle United, also played for Aston Villa, West Bromwich Albion and Sheffield Wednesday during his 19 year career. Watson is the current Manager of National League team, Gateshead F.C.’

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