Scots football agent Willie McKay spent thousands on gifts for wife while facing bankruptcy, court told
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dailyrecord.co.ukFootball agent Willie McKay spent more than £63,000 on "lavish and expensive" gifts for his wife to ensure his money was not "swallowed up" in bankruptcy proceedings and used to pay off his "substantial" debts, a court has heard.
McKay, 62, bought his wife Janis a £9,100 Rolex watch and a £54,000 Jaguar car in December 2014 - months after he had been served with a bankruptcy petition due to unpaid taxes of around £902,000, Leeds Crown Court was told.
He denies two counts of fraudulent disposal of property and is expected to tell the jury he genuinely believed he would be able to pay off his debts before his bankruptcy hearing using commissions that were owed to him.
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