mike1
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2013/03/10 10:51
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Manne wrote:
The five-time Grand Slam singles champion Martina Hingis leads the 2013 class for the International Tennis Hall of Fame. The other new members are Cliff Drysdale, Charlie Pasarell and Ion Tiriac.
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Resort derelict, looks nothing like promotions
Harlequin boss claims to be duped by contractors
AUSTRALIAN tennis legend Pat Cash is being used to promote a failed Caribbean investment that looks more like a storm-ravaged disaster zone than a luxury resort.
Around 3,000 Brits invested pension money into luxury hotels marketed by Harlequin Property and dotted around the Dominican Republic, Barbados, St Lucia and Brazil, according to The Daily Mail.
However of the 6,000 villas promised, only 300 have been built, with the proposed Merricks Resort in Barbados looking more like the aftermath of a cyclone than a tropical paradise. Pat Cash is one of a number of sports people associated with Harlequin Hotels and Resorts. He had signed an agreement to build a branch of his Tennis Academy at the resort for holiday makers to practice their serve.
Liverpool Football Club and golfer Gary Player are involved in similar projects at the resort.
However after noticing a spike in pension money pouring into the off-shore investment, the UK Financial Services Authority issued a warning against the company. The Serious Fraud Office has also been asked to investigate, according to The Daily Mail.
A spokesman for the former Wimbledon champ told news-com.au "The negative comments regarding the Harlequin portfolio of resorts in the Caribbean is disappointing and it is clear that the expectations of several purchasers have not been met."
However he added that the Buccament Bay Resort in St Vincent - which has a four and a half star rating on Trip Advisor - is more demonstrative of Harlequin's vision, and the Tennis Academy is operating well at this location.
Harlequin boss David Ames has denied misleading investors and claims to have been duped by contractors.
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