Scott McTominay to lose £1million after failed investment in company linked to fiance’s family
Manchester United midfielder Scott McTominay is at risk of losing nearly £1 million after investing in a failed firm run by his fiancée’s father.
Fortress Capital Partners, managed by McTominay’s fiancée Cameron Reading and her father Ashley, reportedly went bankrupt last year, leaving 230 people, including McTominay in financial distress.
The company, which reportedly borrowed from big investor firms and then lent money at higher interest rates, owed a total of £18 million.
The Sun Sport reports that the Readings also invested heavily in luxury properties in the UK, Dubai, Spain, and Portugal, with McTominay contributing £1 million towards a property in Portugal.
However, Administrators have now indicated that investors are likely to receive only 10 pence for every £1 invested, meaning McTominay may only get back £100,000 of his initial investment.
McTominay’s fiance, Cameron Reading, 23, who owes the firm £1.2 million, has been criticized for flaunting her luxurious lifestyle on social media, including photos of extravagant holidays and expensive hotels.
Meanwhile, as at the time of publishing the report, there’s yet to be comments by the Manchetser United star following the incident.
