In 1876, Egypt went bankrupt. A group of European financial commissioners led by Evelyn Baring took charge of the Egyptian finances in an attempt to pay off the European banks who had lent so much money to Egypt. With Egypt bankrupt, the money to carry out the reforms Gordon wanted was not there. With over half of Egypt's income going to pay the 7% interest on the debt worth 81 million Egyptian pounds that Isma'il had run up, the khedive was supportive of Gordon's plans for reform, but unable to do very much as he lacked the money to pay his civil servants and soldiers in Egypt, much less in the Sudan.