AFL legend forced to sell memorabilia after property group collapses
One of Australia's greatest footballers is in a fight to keep a roof over his head after the collapse of a lifetime lease scheme.
Peter Bosustow fears he's lost hundreds of thousands of dollars and could be forced to sell prized memorabilia to save his Perth home.
The four-time premiership player with Perth and Carlton invested almost $200,000 with his wife in a scheme by company Sterling First to pay rent for up to 40 years in Dudley Park.
But the property investment group collapsed last month.
"This has come right out of the blue, we are struggling," Bosustow said.
The man nicknamed 'The Buzz' fears his money is gone.
"If they've done the wrong thing, if they've done skulduggery, I think it's up to them to answer," the 62-year-old said.
In a desperate bid to save his family home, the WA football hall of fame member will sell some of his most prized memorabilia including jumpers and posters but not his premiership medals yet.
Bosostow won back-to-back premierships for Perth in 1975 and 1976 before winning VFL premierships for Carlton in 1981 and 1982.
He also won goal and mark of the year in 1981.
Carlton supporters and former teammates have called and offered to help.
The Bosustows lost most of their life savings in a soured property deal in Canning Vale a decade ago.
The football family aren't the only people who've taken a hit.
More than 100 retirees in WA and Victoria invested in these leases with similar investments.
The Carlton premiership player says it's a situation that can't happen to elderly people.
Creditor meetings are underway.
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