Liverpool legend Steven Gerrard's water firm 'almost £1m in debt'

Steven Gerrard’s Angel Revive water firm are stuck in almost £1MILLION of debt despite the Rangers boss and Liverpool legend plugging the drink’s ‘superhero’ qualities on Instagram

  • Steven Gerrard’s water company Angel Revive has racked up £931,912 in debt
  • The Rangers boss hailed his product as ‘the superhero of waters’ on its website 
  • Gerrard has been plugging Angel Revive on social media for the last few years 

Rangers manager Steven Gerrard has seen his water company rack up nearly £1million in debt.

The Liverpool legend owns a stake in Angel Revive alkaline water and has been promoting the product for the last two years on his Instagram page – boasting that it is ‘the superhero of waters in purity, nutrition and healthiness’.

But the firm, which has assets of whose water is sourced from a spring in rural Lancashire owes £931,912, recent accounts show. It has current assets of £127,285, with fixed assets of £114,081.

Steven Gerrard's water company Angel Revive has nearly £1million in debt, reports claim

Steven Gerrard’s water company Angel Revive has nearly £1million in debt, reports claim 

The Liverpool legend hailed the drink as 'the superhero of waters in purity and nutrition'

The Liverpool legend hailed the drink as ‘the superhero of waters in purity and nutrition’

Angel Revive’s website claims the water ‘naturally contains minerals and electrolytes that promote wellness for the body’, helping to maintain an ‘optimum pH balance’.

Gerrard, who picked up 114 caps for England, has been plugging the water on his Instagram page for the last few years and previously posted a picture of the drink, writing: ‘My Angel Revive Alkaline water. This is from a natural spring not from a tap or manufactured, with a ph level 8.2.’

The water originates from an aquifier in Mawdesley, Lancashire, with reports going back to the 1700s of its healing benefits.

The firm’s owner Mark Doyle said: ‘Our spring and its water have been the subject of numerous reports and commentary since Elizabethan times as to the curative benefits of water.

Gerrard has taken Rangers to the top of the Scottish Premiership after beating rivals Celtic

Gerrard has taken Rangers to the top of the Scottish Premiership after beating rivals Celtic 

‘However we do not claim our water can heal you – the belief is your own.

‘For unknown reasons the spring had been covered over and buried for over a century until its history and benefits were brought to the attention of the current landowner.’

Away from his business life, things are going pretty smoothly for the 40-year-old in the Scottish Premiership this season, with Rangers soaring to the top of the league. 

His side secured a famous 2-0 win against Celtic in the Old Firm on Saturday, taking the Gers four points clear of their rivals.   

source: dailymail.co.uk