CHELSEA legend John Terry has lost £207,000 after a trendy swimwear firm he backed went bust.
The former England captain, 39, invested in luxury brand Thomas Royall in 2015.
Chelsea legend John Terry has lost £207,000 after a trendy swimwear firm he backed went bust[/caption]
Terry, wife Toni, 37, and son Georgie, 14, have recently modelled for the company for whom the star was a director in 2018.
The defender said of the business: “Our aim is to go global.”
But it has now gone bust, owing £512,000. Paperwork reveals administrators have confirmed that Terry’s investment has been lost.
The company has filed for liquidation and slashed its prices online with some shorts down from £85 to £30 and some T-shirts cut from £35 to £20.
Terry, Aston Villa’s assistant coach, was pictured in the brand’s shorts driving a speedboat on its Instagram page earlier this month.
He was seen with Georgie on a beach in matching shorts for a Fathers’ Day promotion in June.
Toni was pictured in the brand’s black bikini last month.
The company was set up by Brentford coach Sam Saunders and former Villa defender Liam Ridgewell.
A football source said: “I’m sure John will shake this loss off. It’s relatively small change to him.”
Terry’s representative did not respond to a request for a comment.
Terry invested in the brand which was set up by Brentford coach Sam Saunders and former Villa defender Liam Ridgewell[/caption]
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Source: Soccer - thesun.co.uk
