Roo Confirms He's Owed Money By Phil Rankine's Promotions Companies

Mark Ricciuto has confirmed this morning that he is owed money by Phil Rankine.

The Advertiser reported this morning that concert promotor Phil Rankine owes more than $20 million to companies and Adelaide identities due to failed promotions.

'Concert promoter Phil Rankine’s failed companies owe more than $20 million to Adelaide identities including Mark Ricciuto and members of the Kidman family, while his $1 million Tranmere home has five caveats lodged over it,' Cameron England reported in The Advertiser this morning.

And speaking on Roo & Ditts on Triple M Adelaide this morning, Ricciuto confirmed that he was one of the parties owed money by Rankine: