{"id":646736,"date":"2026-05-03T10:25:19","date_gmt":"2026-05-03T10:25:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/646736\/"},"modified":"2026-05-03T10:25:19","modified_gmt":"2026-05-03T10:25:19","slug":"scott-pendlebury-caught-up-in-collapse-of-75-million-investment-trust-linked-to-a-league-club-western-united-and-ex-manager-jason-sourasis","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/646736\/","title":{"rendered":"Scott Pendlebury caught up in collapse of $75 million investment trust linked to A-League club Western United and ex-manager Jason Sourasis"},"content":{"rendered":"

Soon-to-be AFL games record holder Scott Pendlebury is among the sporting stars caught up in the collapse of a $75 million fund linked to a struggling A-League club.<\/p>\n

The Sayers Road Investment Co, which oversees the Sayers Road Trust, was placed into liquidation earlier this month according to The Age<\/a>.<\/p>\n

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It was one of the main companies behind plans for A-League side Western United to construct a major precinct in Tarneit, in Melbourne\u2019s western suburbs, featuring a stadium plus a sporting, entertainment, health and retail precinct.<\/p>\n

Former AFL player manager Jason Sourasis, who is being sued by former clients including Pendlebury amid allegations he mismanaged their investments<\/a>, was overseeing the project.<\/p>\n

The Sayers Road Trust included a reported $75 million of investments from current and ex-AFL players including Pendlebury plus Adam Goodes, Dyson Heppell, Jy Simpkin, Josh Battle and Mason Wood.<\/p>\n

Scott Pendlebury of the Magpies speaks after being presented the Anzac Medal following the 2026 AFL Round 07 match between the Essendon Bombers and the Collingwood Magpies at the Melbourne Cricket Ground on April 25, 2026 in Melbourne, Australia. (Photo by Craig Dooley\/AFL Photos via Getty Images)Source: Getty Images<\/p>\n

But with the company now being ordered into liquidation at the request of an investor, it has the broader Western Melbourne Group desperately seeking new sources of funding with the clock ticking.<\/p>\n

An estimated $100 million of additional funding has reportedly emerged from new partners but \u201cwithout urgent funding, the entire project and club, which is in hibernation for the 2026 season due to its financial issues, will collapse in a matter of weeks\u201d according to the report.<\/p>\n

The Australian Professional Leagues, the football governing body, is claimed to prefer a \u201cclean reset\u201d of the club and if that isn\u2019t possible, a total shutdown of the club which also runs junior teams.<\/p>\n","protected":false},"excerpt":{"rendered":"Soon-to-be AFL games record holder Scott Pendlebury is among the sporting stars caught up in the collapse of…\n","protected":false},"author":2,"featured_media":646737,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[560],"tags":[638,64,63,55,639,85],"class_list":["post-646736","post","type-post","status-publish","format-standard","has-post-thumbnail","category-afl","tag-afl","tag-au","tag-australia","tag-australian-football-league","tag-australianfootballleague","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/646736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=646736"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/646736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/646737"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=646736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=646736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=646736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}