/cloudfront-eu-central-1.images.arcpublishing.com/larazon/DHL6S6OYNFHNHOQGYFE4DF7DAA.jpg "Isabel Pantoja and the bullfighter’s brothers")
As revealed last Sunday in Viva la Vida, in November 1985, just a year after Paquirri’s death in the Pozoblanco bullring, the executors appointed by the bullfighter threatened his heirs with selling their assets. The reason: the lack of agreement between the three family groups that disputed the distribution of their inheritance and that had led to the bankruptcy of the will.
Thus, on November 22, 1985, a letter was sent to all the heirs (or their legal representatives) in which they were warned of the difficult treasury situation they were facing. Debts, advances and expenses had wiped out liquidity of the current accounts of the bullfighter and assured that, if an agreement was not reached, they were considering the sale of their assets.
But before making this drastic decision, for which they were validated, The executors tried to get Paquirri’s defaulting heirs to return the amounts they had advanced from the probate and that they had been left without liquidity.
Pantoja and Paquirri’s brothers, Antonio and Teresa, ignored the payment of their personal credits, endorsed by the bullfighter.
In the letter, the executors assured Paquirri’s heirs that the “lack of treasury, as a result of the scarce income and the many accumulated debts, has forced us to to suspend the advances with which we were attending to the peremptory needs of the heirs, to suspend the payments to the personnel, to not attend to the fiscal and social security obligations ”.
Although according to what was revealed in “Viva la Vida” all the heirs received, for more than a year, advances of Paquirri’s inheritance, three of the eight heirs were delinquent. Thus it was learned that Isabel Pantoja, Antonio and Teresa Rivera had requested loans, with the endorsement of the deceased, to those who did not face and that, since the death of the bullfighter, were paid with the money of the testamentary, which harmed the rest of the heirs.
Isabel Pantoja applied for a mortgage loan of more than 8 million pesetas that Paquirri endorsed
ISabel Pantoja, Paquirri’s widow, according to these documents, was the one who owed the most. The tonadillera had requested a loan of 8,274,000 million pesetas, a very considerable amount for the time. Paquirri’s brothers, Antonio and Teresa, also had debts: those of Antonio Rivera Jr. amounted to 300,000 pesetas and those of Teresa Rivera exceeded a million and a half pesetas. These credits, which were faced with money from the testamentary, harmed the rest of the heirs, leaving the executors without liquidity for other payments. All of them received a letter from the executors in which they were required to catch up with the payments with the banks and to replace the amounts they had advanced since the will, towarning them that if they did not do so, “we will see each other to exercise the actions that our right protects.”
Although the program did not clarify whether Isabel Pantoja and the Rivera Pérez brothers canceled their debts before the distribution of Paquirri’s inheritance, they did specify that the loan requested by Isabel Pantoja, and that her husband endorsed, it was a mortgage loan. It is likely, therefore, that the more than 8 million pesetas that Pantoja owed to the testamentary estate, had its origin in the mortgage that the tonadillera requested to buy the apartment that he still owns on Tomás de Carranza street and where the couple lived for a year. In the same building, the tonadillera owns a 600-meter premises that it has leased for decades.
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