Tony Bloom, billionaire owner of Brighton & Hove Albion football club, has denied owing millions of pounds to his former colleague George Cottrell. According to a recent court document filed by Bloom, Cottrell had been introduced to him by Ryan Dudfield, who worked for the syndicate until 2018.
Bloom claims that he and Cottrell had an arrangement in which winnings were split between them, but denies owing Dudfield any further share of the millions made from this arrangement. The document states that Bloom received a ยฃ60,000 "nuisance payment" to settle any claims Dudfield had against him in July 2023.
The dispute has raised questions about the largely hidden operations and vast sums of money powering one of the world's most successful betting operations. Cottrell is known for his high-stakes betting profile as a "whale", but Bloom denies requiring exotic accounts that use other people's identities to place bets on his behalf.
Bloom's syndicate generated ยฃ600m in revenue last year, according to Dudfield's claims, but the billionaire denies this figure is accurate. The dispute between Dudfield and Bloom has highlighted the secretive nature of the betting operation, with some claims suggesting footballers and businessmen have been used as frontmen for the syndicate.
As part of his defence, Bloom points out that membership in the syndicate was a perk sometimes given to employees, but also notes that much of his betting does not involve the use of such accounts. The court document confirms that multiple apparent third parties were used by the syndicate to place bets through exotic accounts, but denies any "secretive" practices.
Dudfield is pursuing a case against Bloom and his syndicate, claiming he is owed potentially millions of pounds from an arrangement they reached in which bets were placed for Bloom through Cottrell's accounts.
Bloom claims that he and Cottrell had an arrangement in which winnings were split between them, but denies owing Dudfield any further share of the millions made from this arrangement. The document states that Bloom received a ยฃ60,000 "nuisance payment" to settle any claims Dudfield had against him in July 2023.
The dispute has raised questions about the largely hidden operations and vast sums of money powering one of the world's most successful betting operations. Cottrell is known for his high-stakes betting profile as a "whale", but Bloom denies requiring exotic accounts that use other people's identities to place bets on his behalf.
Bloom's syndicate generated ยฃ600m in revenue last year, according to Dudfield's claims, but the billionaire denies this figure is accurate. The dispute between Dudfield and Bloom has highlighted the secretive nature of the betting operation, with some claims suggesting footballers and businessmen have been used as frontmen for the syndicate.
As part of his defence, Bloom points out that membership in the syndicate was a perk sometimes given to employees, but also notes that much of his betting does not involve the use of such accounts. The court document confirms that multiple apparent third parties were used by the syndicate to place bets through exotic accounts, but denies any "secretive" practices.
Dudfield is pursuing a case against Bloom and his syndicate, claiming he is owed potentially millions of pounds from an arrangement they reached in which bets were placed for Bloom through Cottrell's accounts.