UK Landlord Forum / Life

An interesting read in the 'News of the world' today about how Anthena Turner and partner are being crushed by the credit crunch.

FORMER TV golden girl Anthea Turner last night sobbed as she revealed she's lost an astonishing £100 MILLION in the credit crunch.



Apparently her husband Grant Bovey's buy-to-let empire had collapsed, and wept: "Our backs are against the wall—we may even lose our mansion."

In an exclusive interview with the News of the World Anthea—who owns a £5 million estate in Surrey and a £5 million chateau in France—said: "We are in it like lots of other people in this country who have been bitten by economic circumstances. I can't remember the last time I slept properly because of the worry."

And husband Grant, 47—whose three companies have gone bust—said: "Our net worth was over £100 million—now it's an awful lot less, just a small fraction of what it was."

Apparently Anthea took large amounts of money out of Imagine Furnishings, her part of Bovey's empire, as it lurched towards disaster.

In 2006, Anthea paid herself £900,000 from the firm that furnished Bovey's buy-to-let homes at £11,000 a time. In 2007, as the credit crunch loomed, she took £389,410 in 'consultancy services', £240,792 in advances and a £573,738 loan which was waived by the company.

So she was paid a total of £1,203,940 in the same year the firm posted a LOSS of £685,259. Grant has agreed in the past that Anthea's only involvement was "choosing the sofas."



hmmm...sounds all a bit odd. Just sell the damn mansions and clear some debt!

Full story

boo fucking hoo. What a whiney little bitch. She paid herself over a million last year and she's moaning???

get over yourself love

Agree,

Im sure she will be ok,

She'll probably write a book about her "traumatic experience" and make a killing.