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Investors Threaten to Call in Police After Collapse of Alastair Campbell’s Son’s Football Betting Syndicate

by Toby Young
29 December 2024 5:00 PM

Alastair Campbell is facing losses running into hundreds of thousands of pounds following the collapse of a football betting syndicate run by his son. The Mail on Sunday has more.

Tony Blair’s former spin chief is understood to be among those alleged to have lost a total of more than £5 million from Rory Campbell’s venture, with some out-of-pocket investors now threatening to go to the police.

The row has dragged in Charlie Falconer, Mr. Blair’s Lord Chancellor and former flatmate, who held meetings with syndicate members shortly before Christmas to “calm tempers” after they were told that they would not be able to recoup their losses.

The syndicate bet on the Premier League, the German Bundesliga, Italy’s Serie A and Spain’s La Liga using mathematical models intended to give it an edge over the rest of the betting market by assessing the effect of injuries, how well players link up and factors such as the weather.

Sources said that Rory, 37, told investors in April that “everyone will get paid in the summer” and “there is absolutely no hole” in the fund, before in June promising again that they would be paid back in full by the end of July.

But it is claimed that on July 18th he warned they might receive “in the region of 50%-65%” of their investment.

Two weeks ago, his lawyers are said to have informed them that the venture had collapsed because bookmakers in Asia had failed to pay their debts.

Last night, a representative for Rory Campbell said: “You appear to have been given an incomplete and in several respects inaccurate account of a highly complex set of issues, which are currently the subject of what we had understood to be confidential negotiations intended to seek a resolution between the various parties.

“It is a matter of concern and very disappointing to learn from you that these confidences have been broken. Given the confidential nature of the discussions, we are not at liberty to make any further comment at this stage.”

More than 50 people are understood to have placed between £10,000 and £500,000 each in the syndicate over the past five years, with Alastair Campbell and his partner Fiona Millar believed to have invested nearly £300,000.

Around 20 of the investors have compiled a dossier of evidence to pass to the police, including contracts setting out how the syndicate would run, bank statements, emails stating that the fund was profitable and spreadsheets detailing how much it was supposedly making.

The sources said that Lord Falconer met twice with investors to try and negotiate a financial settlement on behalf of the Campbell family, most recently in early December.

The meetings have been described by sources as “long and bruising”. This newspaper has seen correspondence between Rory and one investor who tried to withdraw his money from the syndicate last year after being diagnosed with terminal lung cancer.

Worth reading in full.

Tags: Alastair CampbellRory Campbell

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22 Comments
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For a fist full of roubles
For a fist full of roubles
6 months ago

I recommend they take injections of common sense.

8
0
Ardandearg
Ardandearg
6 months ago
Reply to  For a fist full of roubles

Containing modified Reliable Normal Advice?

4
0
huxleypiggles
huxleypiggles
6 months ago
Reply to  For a fist full of roubles

I think a few C1984 boosters would achieve the correct results.

2
0
Marque1
Marque1
6 months ago

Perhaps the Dales et al could be jailed forfact denial.

5
0
DiscoveredJoys
DiscoveredJoys
6 months ago

I, a pale, stale, male am suffering mental distress because of the climate crisis hoax. Do I get my share of tea and biscuits?

No, I though not.

11
0
NeilParkin
NeilParkin
6 months ago

The mental health problem is way over-blown. It appears that the diagnosis and treatment is okay to be delivered for someone who can’t keep their nose out of your business, to offer some platitudes like ‘You okay, hun’, and force you to talk about private matters while feeding you tea and biscuits. It is however a complete cure, so you can look forward to leaving the encounter with a smile on your face, a spring in your step, and a whistling a happy tune. God forbid we were over-reacting to people who are ‘a bit sad’, or trivialising conditions that need the work of a professional psychiatrist.

6
0
transmissionofflame
transmissionofflame
6 months ago

Our walking route to our town centre takes us down a woodland shared path. It is tarmacked and well used by pedestrians and cyclists, but obviously suffers from overgrowing undergrowth and leaves in the “leafing season”. This morning one of the locals has spent the morning sweeping all the leaves off it. The council cannot even manage to do the basics, but they find money for all sorts of other irrelevant BS. At every level of government, the basics are not being executed very well but plenty of money is available for lunatic political projects.

10
0
soundofreason
soundofreason
6 months ago

So UKHSA is looking for evidence on how best to treat people to relieve their anxiety about climate change?

Simple. Reassure them.

Surely if their anxiety is crippling it does not matter if you don’t believe the reassurances you’re giving – use some professional bedside manner to make the final days of the patient more bearable. I think there’ll be a lot more ‘final days’ than they think.

5
0
Lockdown Sceptic
Lockdown Sceptic
6 months ago

U.K. Health Security Agency (UKHSA)
Department of Health and Social Care
NHS

You can never have too many civil servants, doing the same thing, wasting our money.

Last edited 6 months ago by Lockdown Sceptic
10
0
David101
David101
6 months ago

Genuine mental health issues like anxiety, depression and substance abuse caused by societal and lifestyle factors are being overlooked, and instead we invent new ones (for example climate anxiety) that would not exist if it were not for the deliberate steering of people’s worldviews towards anything – literally anything – that might justify Net Zero.

Since the wheels are falling off the Net Zero bandwagon, increasingly desperate attempts are being made to keep the masses on board – now that, for example, the National Energy Systems Operator claim in a report that at best household bills will remain the same (and probably increase) once the grid has been decarbonised.

So, no savings to be made for your average household, a crippling of individual mobility with the decimation of private vehicle usage, no holidays abroad, lack of evidence of a climate crisis and no evidence that Net Zero would have any impact on the climate. The mental health thing really is a last resort!

5
0
stewart
stewart
6 months ago

Classic.

Government intervention to solve a (non-existent) problem causes a new problem that disnt exist. And government intervenes to solve the problem it created.

So with this new intervention we can comfortably predict 2 things.

1. The problem of stress from climate change will not be solved by this intervention (because it isn’t climate change but the hysteria causing the problem obviously and because governments are terrible at solving problems anyway)
2. This government intervention will cause a whole new problem that the government will blame on something else and will attempt to solve. In an endless maddening escalating cycle.

5
0
Cotfordtags
Cotfordtags
6 months ago

If the disaster risk person wants to look at real risks, he might investigate the reckless destruction of dams that manage waterflow in dry countries that are prone to natural cloudburst events and the risk to countries of blackouts by not having secure base load electricity production when skies are grey and the wind is not blowing, rather than the fictional claim that weather related disasters historically never happened to the same degree as they do today.

4
0
Gezza England
Gezza England
6 months ago

What about spending money on finding out the Covid boosters kill people? My mate’s care home has lost 5 inmates already since the latest jabbing starting. It was into double figures last Autumn.

3
0
Jabby Mcstiff
Jabby Mcstiff
6 months ago

The climate does affect mental health and obviously affects the character of a nation. We have words and phrases too many to mention that link the weather with states of mind. Anxiety about carbon dioxide damage makes no sense at all because either there is nothing to be anxious about or there is nothing that can be done about it, anthropogenic or not. They have already said that the tipping point was reached years ago so why not just chill out and enjoy the end of the world you bloody fools.

1
0
brightlightsweetown
brightlightsweetown
6 months ago

If the ‘news’ or every wildlife programme, or really anything on TV stopped including Climate Change, or Climate Emergency, or Global Warming, the afflicted would realise it’s a load of crap meant to frighten them and their children into believing the world is about to implode and would be a better place without people! No wonder our birth rate is falling.

2
0

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