Rumour Oh Wayne. You've done it again.

[WillHayward]

Wayne Carey accused of owing $600k in loans
Former footy great Wayne Carey is being chased over more than $600,000 in loans he allegedly owes to his brother’s roofing company.

No Cookies | Herald Sun

No Cookies

www.heraldsun.com.au

 

[Fruit]

Wayne Carey accused of owing $600k in loans
Former footy great Wayne Carey is being chased over more than $600,000 in loans he allegedly owes to his brother’s roofing company.

No Cookies | Herald Sun

No Cookies

www.heraldsun.com.au

How could someone like him be short of money? He would have been the highest paid player at the Roos for 10 years and would be on mega bucks with his media commitments.

 

[lewdogs]

How could someone like him be short of money? He would have been the highest paid player at the Roos for 10 years and would be on mega bucks with his media commitments.

There are many ways to spend large quantities of money. I'm sure Wayne has enjoyed himself over the years.

 

[windyhill]

n.Melb should hold a rock concert to help out their former champ.

 

[brmi]

Must admit I didn't think this thread was going to be about money.

 

[Dhoni Dakurri]

Wayne Carey accused of owing $600k in loans
Former footy great Wayne Carey is being chased over more than $600,000 in loans he allegedly owes to his brother’s roofing company.

No Cookies | Herald Sun

No Cookies

www.heraldsun.com.au

“You’re scum Wayne!” - Joe Bloggs (owes a million dollar mortgage to the bank)

 

[WillHayward]

“You’re scum Wayne!” - Joe Bloggs (owes a million dollar mortgage to the bank)

Fair point.

What's the scandal of just having a loan and how is it even news?

Why does it say "accused".

 

[RUNVS]

Must admit I didn't think this thread was going to be about money.

Yes, oddly enough this is the better of the two options. I assumed he was having an affair with BT's wife.

 

[hairy biker]

Why is a roofing company (albeit one of which his brother is a director) 'lending' Wayne Carey over half a million dollars?

And it must be quite a successful company to have the ability to lend said sum.
Or at least it was, until it was placed in liquidation the following year.

The Sunday Herald Sun can reveal liquidators have launched action against Carey as they try to recoup funds from his brother’s roofing company.
Queensland-based D & J Carey Roofing Pty Ltd, of which Kevin Frederick Carey, known as Dick, was a director, was placed into liquidation in May 2018.
In a statement of claim filed in the Brisbane District Court in June, Morton + Lee Insolvency allege Wayne Carey owes the company $566,176.04 for loans he received in the financial years 2015-2016 and 2016-2017.
With interest from the start of the liquidation in 2018 until June 2021 the total amount now being pursued is $652,956.09.

 

[darcytiger]

Can’t he ask his mate Johnny Rombotis for help? He’s a proven top performer on and off the field

 

[Usayed Givashe]

Different twist on a Jewish Stocktake.

There is no way in hell Carey has money concerns, is extraordinarily wealthy and property magnate.

 

[WillHayward]

Must admit I didn't think this thread was going to be about money.

Thread title was misleading so I apologise.

Just can't stop thinking about those McCain's ads on tv.

Would love a frozen pizza right now.

 

[WillHayward]

Why is a roofing company (albeit one of which his brother is a director) 'lending' Wayne Carey over half a million dollars?

And it must be quite a successful company to have the ability to lend said sum.
Or at least it was, until it was placed in liquidation the following year.

Building companies and liquidation.

A tale as old as Methuselah.

 

[WillHayward]

Different twist on a Jewish Stocktake.

There is no way in hell Carey has money concerns, is extraordinarily wealthy and property magnate.

True..but then he should pay what he owes to the suppliers who got ripped off.

 

[deanc]

Fair point.

What's the scandal of just having a loan and how is it even news?

Why does it say "accused".

Check your calendar Mr. Hayward, it's the off-season.
AFL player/coach/identity spotted at KFC/taking out the bins/getting hair cut/walking dog/having a coffee - it's all apparently 'news' this time of the year..?

 

[jarrod_island_doggies]

I'm just blown away that Duck's brother is called Dick...imagine if they'd both played for Freo

 

[Upgrayedd]

Different twist on a Jewish Stocktake.

There is no way in hell Carey has money concerns, is extraordinarily wealthy and property magnate.

Probably the case of, could sell some assets to easily cover it, but i doubt he just has 600k in his back pocket

 

[Down at K Park]

Cocaine is expensive.

 

[Islanda22]

Sounds like the syndicate has gone under and the money laundering LOL

Sour grapes from all involved

 

[blueboy25]

How could someone like him be short of money? He would have been the highest paid player at the Roos for 10 years and would be on mega bucks with his media commitments.

3 kids to 3 different women and child support does not come cheap

 

[Usayed Givashe]

Probably the case of, could sell some assets to easily cover it, but i doubt he just has 600k in his back pocket

No need, unless the loan is made out to him personally. Surely he is not that dumb.

Wind up the Co, reset Dick up doing whatever Dick does. Pay 10c in $ and credit rating not affected.

I reckon that’s the plan.

 

[The Filth Wizard]

n.Melb should hold a rock concert to help out their former champ.

 

[DERO]

It is pretty easy to run up big money in "business loans" when you are a director of a business and take money out without having a good understanding of where the business is at or the right processes in place. Any drawings that are not paid as salary fall into the "loans" category. It is basically a list of transactions / drawings that aren't allocated. The accountants in here might be able to explain it better maybe.

The question is whether Wayne and Dick did it knowingly or are just dumbarses who misjudged their tax bill i reckon.

 

[lordyv]

Duck is my next door neighbour. Loves dressing in a bikini and blonde wig when he’s home alone

 

[Beerfish]

Kevin Frederick Carey, known as Dick

Ok..