Sunday, 29 March, 2020

Blue’s Lee Ryan is final band member to declare bankruptcy!

Blue’s Lee Ryan has become the fourth and final boyband member to declare bankruptcy.

Screen Shot 2015-05-18 at 13.03.58

Bankruptcy was declared on April 13th after a petition was filed in January by creditor Capquest Investments.

He will automatically be discharged from bankruptcy 12 months after the case was made, according to official documents related to his case.

Blue reframed in 2009 after originally splitting in 2005. Last month (April 2015) Blue were dropped from their record label with Sony after dramatic lack of sales of ‘Colours’, their latest album.

Duncan James and Simon Webbe ran into financial difficulty in 2013, while Anthony Costa ran into difficulty soon after the spilt and declared bankruptcy again on 2014.

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