Jamie Carragher will avoid bankruptcy after settling an unpaid tax bill with HMRC.
Judge Nicholas Briggs dismissed a bankruptcy petition against Carragher, 48, at the Insolvency and Companies Court.
A petition was issued in August, but Kevin Hassan from HMRC confirmed at a hearing that the undisclosed amount of debt had been paid.
Carragher has become one of Britain’s most prominent football pundits since ending his playing career in 2013.
He is a major part of Sky Sports’ Premier League coverage and regularly appears alongside Gary Neville on Monday Night Football.
Carragher has also built a significant international profile covering the Champions League for American broadcaster CBS Sports.
His media commitments are thought to earn him more than £1million annually, while he also features across several podcast and online football programmes.
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The Liverpool legend regularly contributes to Stick to Football, part of Neville’s successful Overlap media business.
Carragher is also involved in several companies, having pursued business interests since retiring from professional football.
His spokesman confirmed in August that action was being taken to resolve the tax dispute.
“This is a private tax matter that should have been resolved sooner and the appropriate steps are being taken today to settle it.
“It is understood that the matter will not proceed any further and will be resolved imminently,” the representative told City AM.
A bankruptcy petition is a formal request asking a court to declare an individual bankrupt and is not, by itself, a bankruptcy order.
Carragher spent his entire senior playing career at Liverpool, making 737 appearances for his boyhood club.
He won the Champions League in 2005 and also collected two FA Cups, three League Cups and the UEFA Cup during 17 years in the first team.
Carragher earned 38 England caps and featured at the 2006 and 2010 World Cups before retiring from international football.
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