Stoke's Matthew Etherington under pressure to settle huge gambling
debts
1/02/2010
Matt Scott
The Stoke City
midfielder Matthew Etherington is being pursued by bookmakers for a
substantial six-figure sum he has run up in gambling losses.
According to a close associate of the player his
debt stands at "several hundred thousands of pounds". In the knowledge that
some gambling debts are not legally enforceable, Etherington's lawyers have
disputed some of the sums involved. Etherington's agent refused to comment
yesterday.
Stoke City are offering to help him through the dispute and
he is in negotiations to extend his estimated £20,000-a-week contract at
the Britannia Stadium after impressive performances this season. An element of
Etherington's contract discussions has centred on the up-front payment of a
portion of his salary to help relieve at least some of the debt.
It is generally acknowledged that
gambling debts make sportsmen and women vulnerable to being targeted by
bookmakers who seek the manipulation of results. There is no suggestion that
this has occurred in Etherington's case.
Indeed, there are extra
protections in place for Etherington, who is being insulated from any dialogue
with his creditors. "He doesn't speak to anyone he owes money to," said his
associate. "It is all done through a lawyer."
Etherington's associate
insists that his financial difficulties are "historical" and that he "has been
clean of gambling for some time". The winger had previously received a
£300,000 loan from his former employer, West Ham United, which covered
only part of his debt to bookmakers.
The situation was so unusual that
West Ham required the prior approval of the Premier League to be permitted to
forward the loan to Etherington.