Brother of Bulgarian Football Star Berbatov Heavily in Debt

Society | February 4, 2010, Thursday // 20:39| Views: | Comments: 0
Bulgaria: Brother of Bulgarian Football Star Berbatov Heavily in Debt Asen Berbatov (left) is facing a tough financial situation. Photo by The Sun

Younger brother of the Bulgarian star of Manchester United, Dimitar BerbatovAsen Berbatov – is in debt to the First Investment Bank, and is facing repossession of assets by an executive magistrate.

Asen Berbatov’s firm “Berbo – Asen Berbatov” received an overdraft credit in August 2008 with Asen’s wife Dimitrinka as guarantor but never paid back the due installments to the bank.

The young family owes a total of BGN 3 453 plus interest and BGN 316 for procedure costs. An executive magistrate is going to initiate repossession of Asen Berbatov’s assets unless the family pays the sum immediately, Darik Radio reported.

26-year-old Asen Berbatov has a fashion boutique in the southwestern city of Blagoevgrad which, however, is reported to be doing very poorly as a result of the crisis.

Society » Be a reporter: Write and send your article
Tags: Dimitar Berbatov, Asen Berbatov, First Investment Bank, Blagoevgrad
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria