Peter Thomas’ Sports Bar Shut Down Over Six-Figure Tax Lien

The ‘Real Housewives of Atlanta’ star has hit some financial obstacles.

Former Real Housewives of Atlanta star Peter Thomas has suffered a major business loss. His Sports One Bar & Lounge in Charlotte, North Carolina, was recently closed due to financial hardships.

According to TMZ, the establishment is currently more than $237,000 in debt, which ended up causing a federal tax lien. The site reports that Thomas plans to rectify the issue by closing the establishment's doors, paying the bill down, and reopening when things are back on track.

RELATED: ‘Real Housewives Of Atlanta’ Star Peter Thomas Posts Emotional Video From His Bed Following Arrest further reports that Thomas plans on paying the debt off "within the next six months to a year," and further clarified that, according to a source, "it wasn't personal taxes, it was business taxes."

They added that Sports One Charlotte will make a comeback without Thomas as he is preparing for the grand opening of another location: Bar One Miami.

Both sites claim that the stacks of debt came as a result of poorly managed investments in other projects, which led to the establishment falling behind on its taxes.

In response to the reports, Thomas took to Instagram to post the following message: "Hard work never stop over here, got to get these people their money, the shuffle hustle is real."

Latest News

Subscribe for BET Updates

Provide your email address to receive our newsletter.

By clicking Subscribe, you confirm that you have read and agree to our Terms of Use and acknowledge our Privacy Policy. You also agree to receive marketing communications, updates, special offers (including partner offers) and other information from BET and the Paramount family of companies. You understand that you can unsubscribe at any time.