England coach Gareth Southgate was defrauded of more than 28 million euros by a friend of David Beckham.
Gareth Southgate lost big. According to information from the Daily Mail, the England coach was defrauded by Teddy Byrne, former advisor and close friend of David Beckham, as part of a real estate transaction. The amount of damage is estimated at 25 million pounds sterling (more than 28 million euros).
Teddy Byrne owns several businesses under threat of liquidation, due to large debts linked to the purchase of new offices in London. Sources close to the agent defended themselves to the British media by refuting the accusations of a “deliberate deception”, rather evoking an error of judgment, and ensuring that his customers would be “fully refunded”.
Former England internationals were also fooled
An affair which could lead Gareth Southgate to cut ties with Beckham’s former advisor. Their collaboration dates back to 2016 and Teddy Byrne even concluded a contract with the English Federation (FA), via his company 1966 Entertainment on behalf of Southgate. Enough to push the authority to also distance itself from the agent. Note that the 53-year-old technician is not the only victim of Byrne, former internationals Joe Cole and Glenn Hoddle also allowed themselves to be taken advantage of.
