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Jason Sourasis resigns from Hemisphere Management as Scott Pendlebury seeks $2.6m from former business partner

Nic Negrepontis
Nic Negrepontis

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Jason Sourasis, the man Scott Pendlebury is suing for more than $2.6m in the Supreme Court, has resigned from Hemisphere Management Group.

Nine's chief AFL reporter Tom Morris revealed on Sunday via a statement from the talent management company that Sourasis is no longer a shareholder in the company.

The Collingwood star, who is still represented by Hemisphere himself, alleges that $2.1m was shuffled out of his investment accounts. He is also seeking the repayment of a $300,000 loan, interest and damages.

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Scott Pendlebury and Jason Sourasis.

Scott Pendlebury and Jason Sourasis. Instagram

Reports have said the loan was given in 2023, with Sourasis stating that he only needed the money for a day.

Pendlebury agreed to hand him the loan, but with 50 per cent per annum interest, a debt that he alleges has not been repaid.

The pair were once close friends, travelling overseas together which each other's families and planning business ventures.

Pendlebury hired Sourasis' Strategic Financial Planning in 2013 in an advisory capacity to help manage his growing wealth.

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Speaking to The Age in October, Sourasis "vehemently" denied the allegations.

"The allegations are vehemently denied and as a legal process has been started we can't make any further comment at this stage," he said.

Court documents reveal Pendlebury alleges as many as 50 transactions were made from his accounts, some worth over $300,000, with the money moved into accounts controlled by Sourasis.

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Sourasis allegedly used the money to help his failing A-League expansion team Western United.

Western United FC players celebrate a goal.

Western United FC players celebrate a goal. Getty

The team was stripped of its license in 2025 and have entered conditional hibernation for the 2025-2026 season.

Western United won the 2021-2022 A-League season and the door remains open for them to return at some point.

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Sourasis had hoped to build a 15,000 seat stadium for the team in Melbourne's west.

Pendlebury himself remains with Hemisphere Management Group, who negotiated his contract for the 2026 season with Collingwood.

The 37-year-old will enter his 21st AFL season and will attempt to break North Melbourne champion Brent Harvey's record for the most games ever played at VFL/AFL level, which sits at 432.

Pendlebury will need to play just eight games to claim the record in 2026.

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