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TRACY EDWARDS DECLARED BANKRUPT

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Round-the-world yachtswoman Tracy Edwards has been declared bankrupt by a UK court with debts reported at £8million.

A bankruptcy petition for £60,000 was brought by Gregory Browne, the former financial director of her company, Quest, who was dismissed last year.

The loan for her yacht and money owed to crew and promotions companies amounted to £6.3million.

Miss Edwards did not attend the 10-minute hearing at the London Bankruptcy Court and was not represented by lawyers.