Boy-band Goes Bankrupt

Lee Ryan has filed for bankruptcy, meaning that the entire pop boyband Blue have gone financially bust.

The singer was reportedly forced to declare bankruptcy by a debt collection company, and will now have all of his assets frozen. “Lee has tried to manage his financial commitments from over the years to the best of his abilities but ultimately concedes that bankruptcy is the best way forward in order for him to provide the best future for his children,” a representative for Ryan told the Guardian.

(Updated tags, categories)

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