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CASH CRASH
Ally McCoist’s car crash shame son goes bust – two years after being told to cover victim’s £244,000 payout
The court ruling means skint Argyll McCoist could dodge repaying the bulk of the cash handed to Stephan Murdoch
ALLY McCoist’s crash shame son has been declared bankrupt two years after being told to cover his victim’s £244,000 payout.
The court ruling means skint Argyll McCoist could dodge repaying the bulk of the cash handed to Stephan Murdoch — who was left with a life-changing brain injury.
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We told how junior footballer McCoist, 26, was driving uninsured in a flash sports car when he jumped a red light then ploughed into the call centre worker.
The pair agreed an out-of-court settlement, with insurers Aviva paying out before a judge ruled McCoist rather than his TV pundit dad, 62, must cover the full cost.
Now law chief Hugh McGinty has granted a request for sequestration on behalf of McCoist Jr at Paisley Sheriff Court.
The sports consultant was not at last week’s hearing, which means his debts can effectively be written off while a trustee takes control of his estate.
Last night, a source said: “It’s surprising Argyll has been declared bankrupt given his dad’s wealth but clearly he’s his own person.
“Sequestration isn’t an easy fix to money problems.
“But it means he won’t now have to pay Aviva that huge sum in the immediate future.
“That could change should Argyll’s circumstances change but it’s not common for pursuers to reclaim full amounts from anyone made bankrupt.”
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McCoist, then 18, dodged jail after mowing down Stephan at a pedestrian crossing in Bishopton, Renfrewshire.
But he was tagged and hit with a three-and-a-half-year roads ban plus 280 hours’ unpaid work after admitting driving a £20,000 Audi dangerously without insurance.
His victim launched a legal claim after suffering a fractured skull and brain bleed in the December 2016 horror.
Later he received £200,000 from Aviva plus £44,000 to cover legal bills.
The firm took former Scotland striker Ally to court alleging he didn’t do enough to stop his lad getting behind the wheel.
Legal papers showed he bought the car, insured it with Aviva and was the only person covered by the policy.
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But judges at the Court of Session in Edinburgh ruled he was not liable to pay up in September 2023.
Lord Menzies was critical of the former Scotland international’s son’s “demeanour” when giving evidence and concluded he alone was responsible for the claim.
Argyll joined sports scholarships firm FirstPoint USA as a consultant in 2022. He stars for West of Scotland League side Drumchapel United. Both McCoists were unavailable for comment. Aviva declined to comment.
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