bet365 boss pays herself £265 MILLION

Associate
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do they pay there staff well? as long as they look after there staff, and don't just pay minimum wage I've no issues with it. If there profits are that high and the pay doesn't reflect that then i think its really rubbing the noises of the people who are making it possible.
 
Soldato
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As much as people complain about her wealth, she's built that business to what it is today.

This is certainly one of those 'don't hate the player, hate the game' scenarios. At the end of the day whole betting industry is set up just to take your money, you may win but you'll never 'beat' the industry, they will eventually take your money one way or another. That isn't anything new and these days all the information is out there but people clearly want spend more and more money with these firms and I don't really know why.

Pretty much this.

At a complete guess, i would probably say Bet365 are paying more in tax per £ earned than the likes of Amazon/Starbucks etc.

Her salary is only driven by anyone who uses bet365, so if you're completely disgusted in the amount she gets paid, then boycott the firm.

I've never used bet365, so if every customer was like me, bet365 would go bankrupt in a few weeks and she'd be out of a job.

There was also quite an important part of that article i felt, saying that they continued to pay all staff during the pandemic, and didn't need to use the furlough scheme.
 
Man of Honour
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do they pay there staff well? as long as they look after there staff, and don't just pay minimum wage I've no issues with it. If there profits are that high and the pay doesn't reflect that then i think its really rubbing the noises of the people who are making it possible.

Coming from Stoke I know several and all have nice homes/cars etc and plenty of money to throw around.
One of my half cousins is living like a millionaire in Malta.
An ex colleagues son is paid a fortune to stop hackers and he has an open account to hire anybody for any suitable wage and any hardware he needs.
 
Associate
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Coming from Stoke I know several and all have nice homes/cars etc and plenty of money to throw around.
One of my half cousins is living like a millionaire in Malta.
An ex colleagues son is paid a fortune to stop hackers and he has an open account to hire anybody for any suitable wage and any hardware he needs.

If this is the case, and goes all the way to the bottom employees, I’ll be pleasantly surprised.

i still think that extreme wealth should be curtailed in some way.
 
Caporegime
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Started the business 21 years ago working out of a temporary building, now employs over 5000 people.

I Don’t particularly agree with gambling, but don’t have a problem with someone working hard building something up from nothing and reaping the rewards.

Know a few people who work for Bet365, none has a bad word to say about them as an employer at least.
 
Soldato
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Fair play to her at least she takes her wealth as pay and coughs up the tax owed. Now I might have issues with the extent of online gambling in this country but whilst it's legal to the extent it is hats off to someone who doesn't hide their wealth and pays their tax. I imagine all the "heroes" in the Premier League do exactly the same.
 
Soldato
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There was also quite an important part of that article i felt, saying that they continued to pay all staff during the pandemic, and didn't need to use the furlough scheme.

Coming from Stoke I know several and all have nice homes/cars etc and plenty of money to throw around.
One of my half cousins is living like a millionaire in Malta.
An ex colleagues son is paid a fortune to stop hackers and he has an open account to hire anybody for any suitable wage and any hardware he needs.

My mates worked there for over a decade, starting as an internal IT help desk type with no formal IT certs just some self taught stuff and he's now an IT security something'or'other middle manager on £70K+ with IT certs coming out of his ear all paid for by the Company. He's also spent a year in Gibraltar and been around the world to help set-up new B365 datacentres, attend conferences etc so he's done really well.

From chatting to him about this subject last year, they do pay very well but they also expect a lot of very hard work in return which, sadly nowadays, means he has a lot of issues hiring new starters as a lot (but not all) of the "fresh from Uni with an IT degree" types who get starter IT job there tend to leave within 6 months, unable to cope with the pressure and then leave snotty Glassdoor reviews :D
 
Man of Honour
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My mates worked there for over a decade, starting as an internal IT help desk type with no formal IT certs just some self taught stuff and he's now an IT security something'or'other middle manager on £70K+ with IT certs coming out of his ear all paid for by the Company. He's also spent a year in Gibraltar and been around the world to help set-up new B365 datacentres, attend conferences etc so he's done really well.

Is his surname Rushton?
If so he's my half cousin, he did time in Gibralter and moved around the World.
 
Soldato
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Fair play to her at least she takes her wealth as pay and coughs up the tax owed. Now I might have issues with the extent of online gambling in this country but whilst it's legal to the extent it is hats off to someone who doesn't hide their wealth and pays their tax. I imagine all the "heroes" in the Premier League do exactly the same.

That is pretty much my thoughts on both the level of gambling and her pay.

The tax on her pay is higher then corporation tax, there is all sorts of things she could have done to save tax, but she is declaring it as it should be.
 
Soldato
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at least shes out in the open about it .. as the queen hides hers and has loop holes for tax evasion .. so which is the worst ?
Well, one is the continuation of our country's history, something that sets us apart from wannabe 'first world' countries and the equivalent of stroppy teenagers in the global community (USA I'm looking at you), and an element of classiness that we should be proud of. The other preys on poor, somewhat desperate people with a culture of gamifying addiction and making social problems worse. So uhh... :confused:
 
Man of Honour
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You mean the firms that build the £150 million super yacht needs billionaires so they can pay their staff and keep their suppliers in business.

Most people just look at the Billions and not what they do to the economy buy spending it...

Well if people are arguing for greater redistribution of wealth then that billion doesn’t disappear from the economy, it just gets divided among more people who might need it. It’s still getting spent, just instead of super yachts its groceries, services and infrastructure.
 
Caporegime
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I hate gambling and think it's basically a business that targets and attempts to trap the addictive personalities who are a lot of the time the poorest members of society.
but she worked for it and wasn't handed a successful business on a plate from inheritance so whatever, she grafted and reaps the rewards.

just a shame gambling is legal without any kind of max bets per week based on a percent of a persons income or something.

lottery tickets are just as bad if not worse
 
Associate
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I hate gambling and think it's basically a business that targets and attempts to trap the addictive personalities who are a lot of the time the poorest members of society.
but she worked for it and wasn't handed a successful business on a plate from inheritance so whatever, she grafted and reaps the rewards.

just a shame gambling is legal without any kind of max bets per week based on a percent of a persons income or something.

lottery tickets are just as bad if not worse

it’s moving that way with casinos. Play enough money and they ask to see proof of funding for your sustainable level of play.
 
Soldato
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it’s moving that way with casinos. Play enough money and they ask to see proof of funding for your sustainable level of play.

I do wonder whether we'll see mass compensation schemes like the PPI scandal, and pay-day loans scandal where people will claim that they should have been stopped before ******* their life savings up the wall.

Maybe casinos are trying to get in front of that now, to avoid any future claims.
 

A2Z

A2Z

Soldato
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There's no reason anyone in this world needs that much money. Ideally everyone would have a salary cap of £1m a year. I know the world is unfair so that won't ever happen :p
 
Soldato
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She's earning the equivalent of all the other FTSE 100 bosses added together only because the other bosses earn most of their benefits in less taxable ways so good for her for being open about it and paying standard tax rates.

According to an online calculator:
Earn £465,000,000 in 2020/2021 and you'll take home £246,461,140. This means £20,538,428 in your pocket a month.

Over the year you'll pay £209,235,000 income tax and £9,303,860 in National Insurance.
 
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