Paul McGinley speaking at a Golfing Union of Ireland function at Carton House last monthPaul McGinley's nightmare run of bad luck has spread to his family with the news that his father Michael Snr has taken a major financial loss in a business venture.

According to the Sunday Business Post, McGinley Snr and his business partner Tony Boyle are taking a hit of almost €20 million on the collapse of their 3G Mobile chain.