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Becker fined $7,000 for role in web site collapse
December 19, 2003 15:57 IST
Three-times Wimbledon champion Boris Becker was fined by a German court on Thursday for his role in the financial collapse of a German sports web site.
A Munich court ordered Becker to pay 5,700 euros ($7,000) -- much less than the administrator of insolvent Internet portal Sportgate was asking for.
The administrator said Becker, who was a majority stakeholder in the company, had promised to pay 1.5 million euros ($1.85 million) to cover the firm's losses.
Becker, who was not in court for the ruling, denied the charges.
The 36-year-old German has run into considerable trouble since retiring from tennis in 1999, including a costly divorce, an admission he fathered a child with a Russian model and a string of failed business ventures.
Last year he received a two-year suspended jail sentence and a hefty fine after being convicted of tax evasion for claiming residence in Monaco while actually staying in Munich between 1991 and 1993.