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Whatmough's dough blown.

Discussion in 'Rugby League Forum' started by DSM5, Oct 24, 2012.

  1. DSM5

    DSM5 Well-Known Member 2016 Tipping Competitor

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    Let this be a lesson to us all. Anthony has done a truckload of cash, probably close to a mill, after investing with a property developer who has just declared himself bankrupt owing $60 million. Doubtful he'll get any back. Maybe now he'll play on for another ten years.
     
  2. lsz

    lsz Well-Known Member Staff Member 2016 Tipping Competitor

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    link

    http://www.smh.com.au/business/mirvacs-xman-sharpens-clause-20121023-283dx.html
     
  3. eggson

    eggson Well-Known Member

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    Wat-d'oh!
     
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  4. The Wheel

    The Wheel Well-Known Member

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    Sounds like great advice from Mimis to Choc?
     
  5. MadMarcus

    MadMarcus Local Lunatic 2016 Tipping Competitor

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    Was there any Stillnox involved in this deal?
     
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  6. Chip and Chase

    Chip and Chase True Supporter Staff Member Administrator Premium Member 2016 Tipping Competitor

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    Not a Jarrod McCracken deal is it ??
     
  7. Mark from Brisbane

    Mark from Brisbane Living the dream Premium Member

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    Trying to make a quick buck, anyway at least he's young enough to get that money back (over a very long term of course)
     
  8. Frogz

    Frogz Don't mess with the goat, he has photos. Premium Member

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    Wonder if there is a Delmege connection in this one....
     
  9. Mals

    Mals Well-Known Member Premium Member 2016 Tipping Competitor

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    The worry is though Mark what is Choc qualified to do post footy?
     
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  10. Peter C

    Peter C Well-Known Member

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    At the moment property developement is a disaster,you have to rely on the market moving constantly forward, and at the moment it's just not happening, have a look at the Tigers developement in Balmain,i reckon the Sharks will be in trouble as well.
    I hope his manager warned him of the risks involved before jumping in
     
  11. tookey

    tookey Well-Known Member 2016 Tipping Competitor

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    I wonder if he received some advice from Max Krillich who went bankrupt from dealing with a property developer in QLD? Or maybe Craig McDermott or Jarrod Mccracken or any of the dozens of devlopers who have gone bust in QLD since 2008?
     
  12. Nthn NSW

    Nthn NSW Active Member

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    Not a good time to be invested in most things.

    A quick buck is hard to pass up,but as they say a bird in the hand is better than two in the bush atm.
     
  13. eagleE

    eagleE Active Member

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    You are just speculating that he lost $1 million. It says he was part of a group of people. It doesn't say how many there was. Choc might have only invested $500 000 or paid for one unit and not over commuted himself. All investments are prone to go belly up at any minute.
     
  14. The Wheel

    The Wheel Well-Known Member

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    Who is Brett Mcdermott, is he any relation to Craig :D
     
  15. beaverlyons

    beaverlyons New Member

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    Strike Investment consultant off the list
    And Tim Sheens butler
    And club sponsor agent
    Any others ???
     
  16. tookey

    tookey Well-Known Member 2016 Tipping Competitor

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    I was watching the Brett Fulton highlights DVD when I was typing that post. I meant Craig Mcdermott.
     
  17. Vyssini

    Vyssini Well-Known Member 2016 Tipping Competitor

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    Window cleaner- in partnership with Stevie M...?
     
  18. Mals

    Mals Well-Known Member Premium Member 2016 Tipping Competitor

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    The frontman for a Don't Drink & Drive campaign.
     
  19. Moondog

    Moondog Grey-beard loon Premium Member 2016 Tipping Competitor

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    Guess you can't expect the same sort of security that the big city banks have in the bush but birds getting into the ATMs is a bit of a worry. I reckon you'd have trouble getting them out the slot too.:(
     
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  20. SeaEagleRock8

    SeaEagleRock8 Sea Eagle Lach Staff Member Premium Member 2016 Tipping Competitor

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    Clearly there is a spot waiting for him in the media, namely the role currently filled by Mark Geyer.
     
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