The Cafe Sports England business owed a total of £1.18m with most of the debts to the Flanagan Group, the parent company of City Life Projects which owned the Liverpool restaurants with Carragher.

Liquidator Robert Rutherford confirmed that the company went into voluntary liquidation on October 17.

Carragher today said he did not want to comment.

Flanagan Group managing director Paul Flanagan told the Liverpool Echo: “The main creditor was the Flanagan Group – we put a lot into the business.

“All our staff were paid and all our suppliers are still trading with us.

“Unfortunately, it didn’t work. It’s horrible. We did everything we could.”