Derrimut founder Nikolaos Solomos faces fresh legal action over alleged debts

·

Derrimut 24:7 Gym founder Nikolaos Solomos is facing new legal pressure, with wholesaler Del-Re National Food Group launching action in the County Court of Victoria over more than $140,000 in alleged unpaid debts linked to his Derrimut Nutrition Bar business.

Court documents show Del-Re began supplying products on credit in August 2023, with the nutrition bar chain purchasing $117,874 worth of goods between November and January.

The wholesaler claims repeated payment demands were ignored, forcing them to hire debt collectors at a further cost of $16,962, bringing the alleged debt to $141,037 including interest.

The case adds to the troubles surrounding Solomos’ fitness empire, with the ATO pursuing Derrimut 24:7 Gym over a $12.53 million debt and several branches across Victoria and South Australia abruptly closing.

Solomos, known for his strong social media presence and luxury car collection, has previously dismissed concerns about the chain’s future, insisting Derrimut still serves 230,000 members across 25 gyms and is expanding staff numbers.

A separate ATO court hearing into the gym’s financial future has been adjourned to October 10.

Source: The Advertiser.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Modern Greek Language Teachers Association of South Australia relaunches in 2026

The Modern Greek Language Teachers Association of South Australia (MGLTASA) has announced its official 2026 Launch Event.

Cyprus Community of NSW to launch cross-cultural art exhibition in Sydney

The Cyprus Community of NSW has announced it will present a cross-cultural art exhibition fusing Cypriot heritage with Aboriginal art.

Burwood Council backs Saint Nectarios’ Cottage Kitchen with $5,000 funding boost

The Cottage Kitchen, operated by the Greek Orthodox Parish of Saint Nectarios in Burwood, has received a $5,000 grant from Burwood Council.

Community support drives successful Greek School of Canberra trivia night

The Greek School of Canberra has raised almost $9,000 through a community trivia fundraiser, with organisers thanking supporters.

Efrossini Chaniotis’ ‘Odyssey’ packs out Kew gallery, crowds spill onto street 

Visitors packed inside, shoulder-to-shoulder for the opening of artist Efrossini Chaniotis’ 'Odyssey', many straining for a clear view.

You May Also Like

Magnetic Fields: Greece’s entry for the Oscars to screen at Sydney’s Greek Film Festival

Greece’s entry in the Best International Feature Film category at the Oscars, Magnetic Fields, to screen at Sydney's Greek Film Festival.

What football clubs can tell us about Melbourne Greeks

How can this competition grow further and what do community football clubs tell us about the Greeks in Melbourne?

Panagia Soumela Sydney hold trivia fundraiser for students facing financial hardship

Members of ‘Panagia Soumela Sydney’ held a trivia night on Saturday, May 27 to raise funds for students experiencing financial hardship.