- Steven Gerrard was a model ambassador for alkaline water model Angel Revive
- After struggling for years, the enterprise has closed down with a £542,220 debt
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Steven Gerrard is licking his wounds after a enterprise he invested in closely was pressured to shut in mountains of debt.
The Liverpool legend and fellow buyers reportedly pumped £2.5million into his buddy’s water firm, as per the Sun.
However now Angel Revive alkaline water has been pressured to shut after years of economic struggles and accounts on Corporations Home present a £542,220 debt. Virtually £400,000 of that’s in unpaid hire.
Gerrard held a 25 per cent stake within the agency and has reportedly had £50,000 of his a refund, however continues to be lacking tons. He was additionally a model ambassador.
Angel Revive was based in 2016 by Mark Doyle and Gerrard has beforehand referred to as it ‘the superhero of waters in purity, vitamin and healthiness’.
The water was sourced from a spring in rural Lancashire and its web site stated it ‘naturally incorporates minerals and electrolytes that promote wellness for the physique’, serving to to take care of an ‘optimum pH steadiness’.
Steven Gerrard and buyers reportedly pumped £2.5m into Angel Revive nevertheless it has closed
The Liverpool legend was a model ambassador for the water firm, serving to out a buddy
Mark Doyle (left) based Angel Revive after coming throughout a spring in his again backyard
Nonetheless, the enterprise is now listed as ‘completely closed’ on Google and the hyperlink to its web site on Instagram results in a ‘area misconfigured’ web page.
Angel Revive did handle to amass a following of greater than 34,000 customers on Instagram however has not posted since December 2021.
The corporate was reported to be in round £1m of debt in October 2020.
The water originated from an aquifier in Mawdesley, Lancashire, with experiences going again to the 1700s of its therapeutic advantages.
Doyle beforehand stated: ‘Our spring and its water have been the topic of quite a few experiences and commentary since Elizabethan instances as to the healing advantages of water.
‘Nonetheless we don’t declare our water can heal you – the assumption is your personal.
‘For unknown causes the spring had been lined over and buried for over a century till its historical past and advantages have been delivered to the eye of the present landowner.’
Doyle had initially come throughout the pure spring in his again backyard and introduced in an excavator to search out the supply, earlier than extracting and bottling it on the market.
Gerrard has been out of labor since leaving Saudi Arabian aspect Al-Ettifaq in January
He’s reportedly shortlisted for the Rangers job, having gained the title there in 2020-21
Gerrard featured in a Liverpool Legends fixture at Anfield in opposition to Chelsea Legends in March
Gerrard might be on the hunt for his subsequent opoportunity having left Saudi Arabian aspect Al-Ettifaq in January.
He’s one in every of 4 former Premier League bosses who’ve been shortlisted for the Rangers job, in accordance with The Telegraph. Philippe Clement was sacked in February and Barry Ferguson has been in interim cost.
Gerrard led Rangers to the Scottish Premiership title in 2020-21, profitable 32 of 28 league video games, going unbeaten, and solely conceding 13 objectives within the course of.
Nonetheless, since then, his stints with Aston Villa and Al-Ettifaq have been extra of a blended bag.
