FORMER Prem stars who lost tens of millions in failed investments are demanding justice.
TV pundit Danny Murphy, 48, said he was a victim of “financial abuse” — turning to booze, drugs and gambling after losing about £5million.
He was among up to 200 players who invested with Kingsbridge Asset Management in the 1990s and 2000s.
It attracted up to £417million before failed ventures led to loss of homes and bankruptcy.
Investors were deemed to be “victims of crime” in a police investigation but are still being chased for millions in tax.
Murphy is one of 11 stars, including ex-Arsenal ace Michael Thomas, calling for more protection from tax charges.
David McKee and Kevin McMenamin, who ran Kingsbridge, denied wrongdoing on BBC’s Panorama last night.
Murphy said he feels “shame” over his involvement.
“It’s the shame, embarrassment and guilt of getting yourself in a position that you think you’re better than,” he said.
“I’ve lost four – maybe five – million, roughly.
“The financial abuse I’ve suffered has caused me monumental problems in my life.”
He added: “The financial abuse in football and the dark side of football, is something that has gone under the radar for too long.”
Read the full article here