The tennis superstar Boris Becker has been declared bankrupt.
The move was made against the three-time Wimbledon champion by a London bankruptcy court.
The court registrar said there was not enough credible evidence that he could pay back a large sum the 49-year-old owed to a firm of private bankers.
Mr Becker was not present at the hearing.
He currently works as a coach and TV pundit for the BBC and other media.
Mr Becker's lawyers asked for a final chance to pay with the funds from re-mortgaging a property in Majorca.
However, the registrar concluded that he would not be able to pay.
In a statement, Mr Becker said: "This order relates to one disputed loan which I was due to repay in full in one month's time.
"It is disappointing that my request for today's hearing to be postponed until this time was refused. My earnings are well publicised and it is clear that I have the means to repay this debt.
"The value of the asset in question far exceeds the debt owed to Arbuthnot Latham."
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