Don Quixote
Well-known member
- Nov 4, 2008
- 8,362
Is it that easy, if you have hundreds of millions of pounds, to evade detection?
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Rumour Bloom preparing to sell club
- Thread starter The Brighton Buzz
- Start date
at a guess..........NO!
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,002
I do. i believe it would be very hard to hide billions worth of assets if someone went looking. many of those on rich list go to lengths to remain private and hide their wealth. but they are on company boards, their share holdings listed, their property titles filed. all the time someone stays private and out of sight they might go unnoticed, but popping up as the owner of a English football club puts you on the radar.
Mr Bloom has earned $3'337'271 playing poker since 1994 to 2014 according to http://pokerdb.thehendonmob.com/player.php?a=r&n=26
If Mr Bloom is as rich as all Albion fans would like to think where has he made his fortune?
If Mr Bloom is as rich as all Albion fans would like to think where has he made his fortune?
Investing in property.
Superphil
Dismember
I think he made his first fortune selling an online betting website he'd devised/designed to one of the big boys, then I think he did something similar again. After that I understand it was property develpment in the UK (Sussex) and a lot of property develpment in Australia. The poker playing is a hobby.
seagullsovergrimsby
#cpfctinpotclub
Dabbling in London property would have seen you doubling your money over the last 5 years.
rouseytastic
Well-known member
Yeah, i'm sure that's the reason. Although maybe not as 'funding' a '£100m stadium' and a £20/30m Training Complex (depending on which articles you read) is the PERFECT way of staying out of the lime light......................either **speculation**
Frampler
New member
Yeah that's a faIr comment! However the rich list is drawn up by Forbes who pretty much have a good clue who has earned what.
Besides Lord Bashford isnt exactly a media magnet either and he is top of the list for the uk.
Come to think of it, have you ever heard of Gina Rinehart?
Nope me neither..........but she was the worlds richest women in 2012 but has now dropped to 4th richest. But you already knew that because that list is full of people telling the world about themselves and there wealth.
Yeah, really obscure that Gina Rinehart. Never in the press. Stays out of politics http://www.theguardian.com/business/gina-rinehart
So his wealth could be easily determined as selling a company and buying property is relatively transparent even if he has done it via a company or investment fund?
Superphil
Dismember
I'm wracking the old braincells for where I heard/found out, but the first online thing may well have been back when these organisations were based out of Gibralter (was to avoid UK taxation laws I think), possibly the second one was out of there too, could explain the lack of transparency?
rouseytastic
Well-known member
The 'great' wikipedia has him listed at £50m, only club with less Norwich with Delia listed at £23m
http://en.wikipedia.org/wiki/List_of_English_football_club_owners
http://en.wikipedia.org/wiki/List_of_English_football_club_owners
Most, if not all are still registered offshore (Gib, Malta, Isle of Man). It allows them more freedom in terms of their regulatory responsibilities
Might depend on what he's got on the go.
In the extreme I know a very wealthy fella who is one of the lead investors on a gargantuan resort project in Mexico. It's gone tits up, a couple of the other so called money men have run for cover and this chap is having to liquidate everything to try and get it finished and recoup some of losses. It runs into 10's of millions and given most property developers/speculators are so highly leveraged there's not a great margin for error
BensGrandad
New member
Unlikely I know but as a prelude to buying the club could Packer through one of his companies sponsor SH or the DS for £30m thus getting over FFP and allowing us to buy promotion.
Billy the Fish
Technocrat
He owns loads of commercial property in Central America, apparently.
Billy the Fish
Technocrat
A quick google search throws up this.
http://www.theargus.co.uk/sport/4387975.How_Bloom_hit_the_jackpot/
http://www.theargus.co.uk/sport/4387975.How_Bloom_hit_the_jackpot/
I did hear quite early on when Bloom took over, a lot of the money was raised through the middle east and 3rd parties, but with him fronting it. So this could well be true if Packer funded a lot of the stadium in the first place.
That said I do know Bloom owns some commercial property in Central London (on London Wall, and slightly out East towards Aldgate)
That said I do know Bloom owns some commercial property in Central London (on London Wall, and slightly out East towards Aldgate)
BensGrandad
New member
Blooms Kosher Restaurant in Aldgate
