Bet365 founder paid herself an 'obscene' £265m in 2017

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neopas
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neopas

Bet365 founder paid herself an 'obscene' £265m in 2017
« on: November 21, 2018, 07:05:01 PM »
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https://www.theguardian.com/business/2018/nov/21/bet365-denise-coates-paid-herself-an-obscene-265m-in-2017

Imagine what she would make if they didn't limit accounts to 3,65.
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Alfa1234
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #1 on: November 21, 2018, 07:11:20 PM »
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https://www.theguardian.com/business/2018/nov/21/bet365-denise-coates-paid-herself-an-obscene-265m-in-2017

Imagine what she would make if they didn't limit accounts to 3,65.

Nothing obscene about it IMHO...yes it's a huge amount of money but if you found a company and it's that profitable, it's your right to do so.

If they didn't limit accounts, I believe they would make less.
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x-casino
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x-casino

Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #2 on: November 21, 2018, 07:14:35 PM »
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''Her''?
Is she a she?
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arbusers
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #3 on: November 21, 2018, 07:24:48 PM »
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For 2017, Bet365 generated revenue of £2.28b, up 38% from the company’s fiscal 2016 figure. This is a money making machine.
She is getting 11-12% of profits, which is a normal salary for this caliber.
Some of the very successful figures in this industry are a she.
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CharlieSheen99
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CharlieSheen99

Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #4 on: November 21, 2018, 07:59:16 PM »
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For 2017, Bet365 generated revenue of £2.28b, up 38% from the company’s fiscal 2016 figure. This is a money making machine.
She is getting 11-12% of profits, which is a normal salary for this caliber.
Some of the very successful figures in this industry are a she.

Pinnacle for example!!
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arbusers
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #5 on: November 21, 2018, 08:21:19 PM »
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Pinnacle for example!!

Very much correct. If you take a look in Vegas' casinos, it is very difficult to find a male top manager.
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dealer wins
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #6 on: November 21, 2018, 08:53:36 PM »
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Leftie wankers the Guardian.  Jealous of success.  Good luck to her she risked everything to set up her company, hope she makes a billion next year!!

Do the Guardian donate all their profits to the poor... thought not.
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arbusers
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arbusers

Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #7 on: November 21, 2018, 09:12:51 PM »
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BBC claims Coates being UK's best paid boss:
https://www.bbc.com/news/business-46289499
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dealer wins
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #8 on: November 21, 2018, 09:36:16 PM »
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And she will be paying millions in tax, and she employs UK people in the UK.

Whats not to like, except if you are a little horrible Guardian loving jealous see you next tuesday.
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SticyBandit
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #9 on: November 21, 2018, 09:50:05 PM »
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hope she makes a billion next year!!



those are old news...new ones are: year is 35% up in profit
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balls of steele
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balls of steele

Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #10 on: November 25, 2018, 06:47:25 PM »
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What a shame!
After the announcement of Coates payment, the gambling press, forums etc, are dominated by negative and toxic articles and comments.
That's life, folks.
Communism and Socialism is advancing in the gambling world. Those who want to make money out of it are those who take the paradigm and not those who spit on it.
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maletaja
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maletaja

Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #11 on: November 25, 2018, 07:19:50 PM »
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I don't why she didn't pay dividend .

Still i have to pay credit for this action. She pays lots of taxes to the UK not hiding money some oversees nontaxable locations
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dealer wins
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #12 on: November 26, 2018, 12:39:01 AM »
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I don't why she didn't pay dividend .

Still i have to pay credit for this action. She pays lots of taxes to the UK not hiding money some oversees nontaxable locations

Fair play she is doing it right and paying massive tax on her earnings (unlike a most people in her position) 

Good luck to her, and i will tip my hat to her as she has made me a good few quid on her journey!!!
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SticyBandit
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Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #13 on: November 26, 2018, 07:26:35 PM »
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After the announcement of Coates payment, the gambling press, forums etc, are dominated by negative and toxic articles and comments.


What kind of journalism is that? This is one year old news, and now all are discussing about that?
And even here nobody realize that.
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arbusers
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arbusers

Re: Bet365 founder paid herself an 'obscene' £265m in 2017
« Reply #14 on: December 06, 2018, 03:41:07 PM »
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After the announcement of Coates payment, the gambling press, forums etc, are dominated by negative and toxic articles and comments.


What kind of journalism is that? This is one year old news, and now all are discussing about that?
And even here nobody realize that.

The next series is about her ''glass palace'' and building of a fortress.

https://www.dailymail.co.uk/news/article-6463825/Bet365-queen-spent-8m-three-years-buying-land-neighbouring-90m-dream-home.html
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