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12.05.09Bankrupt Radio One DJ Mike Read forced to flog rare record collectionFORMER Radio One DJ Mike Read was forced to sell off his prized collection of 120,000 vinyls, featuring rare Beatles records, after being declared bankrupt. The records which feature pop legend Billy Fury and Liverpool band Echo and the Bunnymen are estimated to be worth at least £1m. The entire collection was auctioned this past Tuesday, and much to his dismay, only brought in £100K. CDs and personal items went unclaimed as buyers shunned high starting prices. The 62-year-old, who also presented Top Of The Pops, needed to sell after he went into the red earlier this year owing unpaid taxes. ...
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