Burnley star Charlie Taylor has been declared bankrupt due to an administrative error, according to reports. The 30-year-old footballer, who is paid around £30,000 a week by the Premier League club, reportedly missed payments due to the error and not intentional avoidance of payment. Taylor is not believed to be facing serious financial issues and has since settled his debts. The High Court is said to be close to granting an annulment on his bankruptcy.

Administrative Error Leads to Bankruptcy

Charlie Taylor, a regular player for Burnley this season, has been declared bankrupt following an administrative error, as reported by the Mail. The 30-year-old footballer allegedly missed payments that led to his bankruptcy, but it was not due to intentional avoidance of payment. The exact details of the administrative error were not disclosed.

Not Facing Serious Financial Issues

Despite being declared bankrupt, Charlie Taylor is not believed to be suffering from serious financial issues. The Burnley star, who earns around £30,000 a week, has settled his debts and is working towards resolving the situation. He declined to comment on the matter, but sources say that the bankruptcy was a result of the administrative error and not indicative of financial mismanagement.

High Court Close to Granting Annullment

The High Court is reportedly close to granting an annulment on Charlie Taylor's bankruptcy. This means that the bankruptcy will be legally voided, and Taylor will no longer be considered bankrupt. The process of obtaining an annulment involves presenting evidence that the bankruptcy was a result of an error or mistake and not due to financial insolvency. Taylor's case is said to be progressing well.

A Regular Player for Burnley

Charlie Taylor has been a regular player for Burnley this season, starting in 16 out of the team's 20 Premier League matches. He has been a key member of Vincent Kompany's side and has contributed to the club's performance on the field. Despite the bankruptcy issue, Taylor continues to play and perform for Burnley.

Opting to Stay at Turf Moor

After helping Burnley secure promotion to the Premier League last season, Charlie Taylor had the opportunity to return to his former club, Leeds. However, the full-back chose to stay at Turf Moor and has benefited from his decision by playing regularly in the top flight. Taylor's commitment to Burnley has been rewarded with consistent playing time and a chance to showcase his skills at the highest level of English football.