Presenting duo Ant and Dec have lost millions of pounds as their property investment deal in Portugal collapsed.The I’m A Celebrity… Get Me Out Of Here!
presenters had invested millions into The Keys, a luxury development in the Algarve, hoping to earn some money back from the properties.However, new figures from their Hurley Promotions business, of which both are co-owners, reveal they made a huge loss in the last year.Ant McPartlin and Declan Donnelly lost a total of £2.5 million each to the investment, according to figures seen by the Daily Mail.Despite their continued career success, having this year alone launched a new ITV game show which proved extremely popular, financially the duo aren’t having the best luck.The new blow comes after Ant is believed to have lost assets worth an estimated £31 million following his divorce from wife Lisa Armstrong.Reports that the comedy duo’s Algarve investment would leave tAnt and Dec out of pocket emerged in 2018, after the complex in which they bought the luxury villas collapsed.Documents at the time showed the pair were owed around £2.5 million each following a financial disaster affecting buyers at the upmarket The Keys development in Quinta do Lago.Their names were on a provisional list of creditors put together by a bankruptcy administrator as part of the long-running legal process.The same document – included in files held at a specialist court in Lisbon as part of a recovery package launched after a Portuguese bank pulled the plug on The Keys development – also showed Ant and Dec’s ITV colleague Phillip Schofield was also owed a large sum.Jussie Smollett to be released from jail on bond during conviction appealBritney Spears sparks concern from fans after Instagram page.
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