The former president of defunct super rugby club the Melbourne Rebels, Paul Docherty, is seeking to avoid bankruptcy after finding himself with only $500 to his name and personal debts of more than $75 million.

After a series of business failures, Docherty claims he now has no house, no car and no superannuation, according to documents that the serial entrepreneur filed with the bankruptcy regulator.

A conga line of creditors has lined up to stake their claim to Docherty’s estate – including the ultra-wealthy Myer family, which is owed $43 million, and the other directors of the Melbourne Rebels.

The parlous state of the former man-about-town and serial entrepreneur’s finances is outlined in the documents that form part of his pitch to broker a deal with his personal creditors.

The d

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