RIVERDANCE star Michael Flatley is facing demands for £1.8million after the collapse of his theatre business.
More than £350,000 of it is owed to HMRC in unpaid taxes, a report by finance experts said.
The rest is due to various creditors as part of a “misfeasance” package, meaning he is accused of failing to manage his money properly.
Investigators are probing Marotiri West End Ltd, set up by Irish-American Flatley, 64.
It provided “support activities to performing arts”, but was closed by court order in 2016.
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Liquidator Lloyd Hinton says in a report there was “inconsistency” and “various issues” in relation to payments made by the company.
Flatley’s team had “failed to provide sufficient reasons for the purpose of the payments as well as being absent of any substantive evidence”, the liquidator said.
It comes after Flatley revealed he had had surgery for an “aggressive” form of cancer.
Clenching his fist in an Instagram post as he returned home he wrote: “Thank you to everyone around the world for your love and prayers.
"I am overwhelmed by your kindness. I have been released from hospital and am on the mend.”
Marotiri was set up in 2014 and filed one set of accounts which showed that although it had assets of £1.9million, it owed creditors £2.3million, which meant it was almost £400,000 in the red immediately.
Flatley’s spokesman was contacted but declined to comment.
