He faced a daunting task in reviving the virtually bankrupt club.
Times, Sunday Times
They are also virtually bankrupt, running a deficit of 410,951.
Times, Sunday Times
When it ended, the field was a mess and two nations were virtually bankrupt.
Times, Sunday Times
As recently as 1997, it was virtually bankrupt.
Globe and Mail
He took a virtually bankrupt company and made it into a core-focused, consumer-product company.
Globe and Mail