Kevin Cash
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Once said to be worth 500 million, to owing creditors 40 million and 13 million to the taxman. Mind you he spent £50,000 a month on groceries and 'housekeeping' at North Aston Hall, the Oxfordshire estate where he lived. I bet he didn't shop at Iceland.
http://www.dailymail.co.uk/tvshowbiz/article-5867803/Property-tycoon-Kevin-Cash-London-Regents-Park-mansion-10m-seized-bailiffs-repay-debt.html0 -
I doubt he was ever worth anything close to £500m - just lazy journalism2
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I think I said as much on another thread some while ago. All family trust money.newyorkaddick said:I doubt he was ever worth anything close to £500m - just lazy journalism
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He should have seen it coming and cut back on the breakfasts.Raith_C_Chattonell said:Mind you he spent £50,000 a month on groceries and 'housekeeping' at North Aston Hall, the Oxfordshire estate where he lived. I bet he didn't shop at Iceland.
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Let's ask @NapaAddicknewyorkaddick said:I doubt he was ever worth anything close to £500m - just lazy journalism
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Makes me feel a bit better about my January tax bill that I worked out yesterday.Raith_C_Chattonell said:Once said to be worth 500 million, to owing creditors 40 million and 13 million to the taxman. Mind you he spent £50,000 a month on groceries and 'housekeeping' at North Aston Hall, the Oxfordshire estate where he lived. I bet he didn't shop at Iceland.
http://www.dailymail.co.uk/tvshowbiz/article-5867803/Property-tycoon-Kevin-Cash-London-Regents-Park-mansion-10m-seized-bailiffs-repay-debt.html
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Scott Young, friend and associate of Cash, who "fell" to his death onto railings below, was rumoured to be involved with the Russians in his dealings. He was also being sued by his ex wife but maintained that he had no money. This part of an article gives some insight into his dealings:
Later in his evidence, the anti-money laundering specialist gave a complex explanation of how he believed Mr Young, who went bankrupt in 2010 owing creditors £28 million, had “restructured his empire”.
He said there were multiple “debt foreclosures on assets” which then “circulated again and again” but that the “beneficial owner never changed”. He added: “The money just disappeared into the structures.”
As they say "live by the sword, die by the sword". No pun intended given our badge!0 -
Should have given more money to Powell then sold us in the premiership, would have solved his money problems.0
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The same could be said about Roland.Norman_Smith said:Should have given more money to Powell then sold us in the premiership, would have solved his money problems.
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Sort of bloke that would leave the lights on during meetings at The Valley.
Tosser.14 -
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Reckless.A-R-T-H-U-R said:Sort of bloke that would leave the lights on during meetings at The Valley.
Tosser.1 -
He had £500m, but £450m of that went towards the transfer of Danny Greennewyorkaddick said:I doubt he was ever worth anything close to £500m - just lazy journalism
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Corrected for youkillerandflash said:
He had £500m, but £450m of that went towardsnewyorkaddick said:I doubt he was ever worth anything close to £500m - just lazy journalism
the transfer ofbuying Danny Green's house.
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Was worth £77,500.TelMc32 said:
Let's ask @NapaAddicknewyorkaddick said:I doubt he was ever worth anything close to £500m - just lazy journalism
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Oh, you meant our badge. I thought you were referring to the fact he died by being impaled on metal railings after "falling" from a first floor window.Addick Addict said:Scott Young, friend and associate of Cash, who "fell" to his death onto railings below, was rumoured to be involved with the Russians in his dealings. He was also being sued by his ex wife but maintained that he had no money. This part of an article gives some insight into his dealings:
Later in his evidence, the anti-money laundering specialist gave a complex explanation of how he believed Mr Young, who went bankrupt in 2010 owing creditors £28 million, had “restructured his empire”.
He said there were multiple “debt foreclosures on assets” which then “circulated again and again” but that the “beneficial owner never changed”. He added: “The money just disappeared into the structures.”
As they say "live by the sword, die by the sword". No pun intended given our badge!
Nothing dodgy about the death. No Russian-linked undertones.
Just pure coincidence that both he and Cash apparently had vast property-based fortunes which seemingly disappeared overnight. Almost as if it wasn't wholly theirs in the first place.1 -
the fact cash and jiminez both couldn't prove in court that they owned CAFC when TJ was a director definitely lends itself to this.Off_it said:
Oh, you meant our badge. I thought you were referring to the fact he died by being impaled on metal railings after "falling" from a first floor window.Addick Addict said:Scott Young, friend and associate of Cash, who "fell" to his death onto railings below, was rumoured to be involved with the Russians in his dealings. He was also being sued by his ex wife but maintained that he had no money. This part of an article gives some insight into his dealings:
Later in his evidence, the anti-money laundering specialist gave a complex explanation of how he believed Mr Young, who went bankrupt in 2010 owing creditors £28 million, had “restructured his empire”.
He said there were multiple “debt foreclosures on assets” which then “circulated again and again” but that the “beneficial owner never changed”. He added: “The money just disappeared into the structures.”
As they say "live by the sword, die by the sword". No pun intended given our badge!
Nothing dodgy about the death. No Russian-linked undertones.
Just pure coincidence that both he and Cash apparently had vast property-based fortunes which seemingly disappeared overnight. Almost as if it wasn't wholly theirs in the first place.1
