Former Collingwood captain Scott Pendlebury has filed a $3 million lawsuit against his former manager and long-time friend Jason Sourasis, accusing him of misappropriating more than $2.1 million from his investment accounts over nearly a decade.
According to court documents lodged in the Victorian Supreme Court, Pendlebury claims Sourasis made over 50 unauthorised transfers from his investment company’s bank account between 2015 and 2023.
He also alleges that a $300,000 loan to Sourasis was never repaid, despite promises to return it within a day – later renegotiated with a 50 per cent annual interest rate. Pendlebury says not a cent has been returned, with the debt now exceeding $600,000.
Sourasis, a businessman and majority owner of Western United FC, which lost its A-League licence earlier this year, “vehemently denies the claims” and intends to defend the case.
Pendlebury, 37, only discovered the missing funds in February 2025 after reviewing his finances and immediately terminated Sourasis’ role as his financial adviser, money manager, and tax consultant.
The transfers allegedly benefited entities linked to Sourasis’ Western Melbourne Group, which is pursuing a major stadium development in Melbourne’s west.
The writ, filed by corporate lawyer Leon Zwier of Arnold Bloch Leibler, asserts that the transfers breached fiduciary duties owed to Pendlebury and his company, S Pendlebury Investment Co.
Source: The Herald Sun
