Desperate Lawrence Dallaglio gets just £54,000 for his Rugby World Cup winner’s medal and fails to sell much of his collection at auction amid bankruptcy after bitter divorce and ‘excessive spending’
Lawrence Dallaglio sold his 2003 Rugby World Cup winner’s medal for £54,000 at auction, as part of efforts to sell memorabilia following his bankruptcy. The sale matters because it highlights the financial pressures facing the former England captain after his divorce and the collapse of his finances.
Twelve items raised £100,500 in total, while ten others failed to sell. The medal had been estimated at £50,000 to £80,000; other sales included his 2003 Six Nations medal for £7,500 and his 2007 World Cup runner-up medal for £5,000. His bankruptcy discharge has been suspended until 31 August next year, amid disputes with trustees over his spending and cooperation.
- Dallaglio’s World Cup medal sold for £54,000.
- Twelve auction items raised £100,500; ten went unsold.
- His bankruptcy discharge remains suspended until next August.
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Lawrence Dallaglio is a former England rugby captain who helped the team win the 2003 Rugby World Cup. Medals and other items from that tournament are personal mementoes as well as pieces of sporting history.
Dallaglio’s financial difficulties followed his divorce and bankruptcy. In bankruptcy, trustees can examine a person’s finances and manage assets to help repay creditors; disputes over spending or cooperation can affect when the bankruptcy process ends.