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.’

  • Mitros gotta start

    Sad….decent player for a ginge

  • GToon

    What a shame. Watto the boy wonder. Hope he’s ok. Don’t worry tho cos fleckman will help him out as he’s good with figures and very kind too. Probably do it for free. 😀

  • Stephen Christie

    you dont believe hes skint for a moment

  • Mrkgw

    Not good – SW was a very decent player for us.

  • ghostrider

    It makes me wonder if most of these players were paid what we were told they were paid.
    I think we could be looking at a lot of fiction with most of these footballers.

    It just doesn’t make sense with the amount that seem to lose everything and end up scraping the barrel.

    • NUFCDan

      More than likely he got some bad financial advice and made some wrong investments. Moved all his assets into his wife’s name and filed for bankruptcy before debtors started chasing him.

      • ghostrider

        Very possible.

  • Scottie Chugger Dearden

    I’ve seen Kerry Katona file for bankruptcy numerous times but seems to be not short of a penny, however in the case of Steve Watson the greatest ever ginger player to play for the Toon, when you.look at people like Michael Owen and what money he made from the game without hardly kicking a ball and you look at what Watto contributed to the game in comparison, I think it’s a travesty! I wish the lad the best and hope he comes out of it ok!

    • Footsoldier

      As ginger players go, Tommy Craig was far better.

      • Scottie Chugger Dearden

        Bit before my time, was born in 76, in comparison to Askew, Colback, Sweeney and Hooper Watto is a superstar.

      • Scottie Chugger Dearden

        And Megson!

    • Whickhamrobbie

      sorry mate but Owen scored loads of goals for Pool and England including cup final winning strikes, yes his latter years were poor but if Stevie has lost his cash thats his problem not Owens .
      Stevie was a good pro nothing more and as a Gateshead fan i hope he does well for us .

      • Scottie Chugger Dearden

        It’s a shame I don’t care about the Pool or England, who knows maybe he was shafted like Gazza but we will never know, after meeting him and watching him play I thought maybe he could enjoy his latter years for the commitment he showed us and any other club he played for where as mercenary Owen came to our club cause he had no choice, took 100k a week, didn’t care if we went down and had to score a goal at Villa to keep us up but couldn’t even do that.

        I’m not saying it’s Owens fault Watto is bankrupt I just think it’s a shame!

      • Scottie Chugger Dearden

        And good luck against Chester this weekend. The mighty Spartans have United of Manchester!

  • Mitros gotta start

    On a lighter note chelski it is in the cup….unlucky norwich…good effort….a lot better than we are going to manage i fear

  • Dave Pattinson

    New Year 1990 think it was. Got out of bed after flu to go to Oldham the coldest place in the universe. Quinny, Ranson and Roy Aitken pulled up next to us in the car park looking worse than we did. They’d spent the night at Quinny’s apparently. We didn’t expect much, but were well-impressed with the new ginger kid who dared to try these strange long throw-ins. Didn’t know his name, but didn’t take long. 1-1 on a crappy plastic pitch. Budgie not happy with a Stimson og which squirted past him. Ah, they were good days. Best of luck to Stevie.