FORMER Celtic defender Ramon Vega’s plans to run again for FIFA president are in ruins – with the one-time Swiss internationalist also said to be fighting to save his business from liquidation.

Vega announced in January that he planned on challenging Gianni Infantino for the top job at world football’s governing body.

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His bid, though, fell at the first hurdle after he failed to secure the required backing of at least five national football associations, despite his confidence at the time that he could provide genuine opposition to Infantino.

“Due to the great response and the positive responses I have received from many sides, I take this task seriously to check if there is a need in the football world to bring about the election of the next FIFA President in June by means of a democratic election campaign,” he had said in January.

The 47 year-old, who was part of Celtic’s treble-winning squad in 2001, had previously launched a campaign to become FIFA president in 2015 but again couldn’t drum up sufficient support at that time.

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Now it has also emerged that for the last two years Vega has been fighting to save his asset management company from financial ruin.

Reports in Switzerland also claim Vega is not actually named as a partner in the financial documents of Vega Swiss Asset Management, a firm that documents prove to have no employees on the books rather than the 15 previously claimed. The company’s website www.vsam.co.uk is also no longer active.

Three other firms founded by Vega in 2015 have also since been liquidated.