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Daily Mail Sunday February 12, 2017
Amir Khan loses Pound 3mafter overspend on development
Amir Khan has lost over $4million after a luxury property redevelopment in his home town went dramatically over-budget. The former world champion boxer is opening an 800-seat banqueting hall and wedding venue in Bolton. Yet months before the building is due to be finished in the summer, Khan, 30, revealed he looked at the accounts and noticed an overspend of some $3million. 'The cost started at over $3million, now I'm told it is closer to $7million,' he told Richard Moriarty of The Sun. The star blamed his property adviser, claiming he provided the wrong prices, and mentioned rumours some people involved in the project had taken 'backhanders'. And he defended his father, Shah, who submitted the planning application for the venue, saying: 'I think my dad was given the wrong advice by a friend.' - Read More

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