Adrian Portelli Steps In to Rescue Derrimut Gyms Amid $12M Debt Crisis
Adrian Portelli Derrimut gyms involvement has sparked major attention as the entrepreneur, known as the “Lambo Guy,” takes action to help stabilize the troubled fitness chain. Derrimut 24:7 Gym, operating across Victoria and South Australia, has been struggling with multimillion-dollar debts, branch closures, and member dissatisfaction.
Why Derrimut Gyms Are in Trouble
The gym chain faces serious financial and legal challenges:
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$12.53 million ATO debt threatening a court-ordered wind-up.
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Branch closures at Noarlunga and Angle Vale over unpaid rent.
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Staff and supplier issues, including delayed payments.
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Complaints from members about service standards and facilities.
| Issue | Impact |
|---|---|
| ATO Debt | Federal Court hearing in October |
| Rent Disputes | Evictions at multiple sites |
| Staffing | Reports of unpaid wages |
| Members | Complaints on cleanliness & service |
Adrian Portelli’s Plan for Stability
Portelli has pledged to prioritize debt repayment and staff wages while ensuring members continue to access facilities. His approach focuses on:
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Settling outstanding tax and rent liabilities.
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Improving cleanliness and maintenance.
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Preserving jobs for nearly 800 staff.
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Stabilizing operations before any future expansion.
Community and Founder Reactions
Nikolaos Solomos, founder of Derrimut 24:7 Gym, admitted to management missteps but insists the brand remains viable. The community response has been mixed — some members welcome Portelli’s intervention, while others remain skeptical.
What Members Should Expect
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Possible disruptions as legal battles continue.
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Membership holds or adjustments for affected branches.
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Operational improvements under Portelli’s oversight.
With a Federal Court date set for October, the future of Derrimut gyms rests on whether Portelli’s efforts can steer the chain away from collapse.
