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Author Topic: Downing's agent 'siphoned hundreds of thousands of pounds'  (Read 7870 times)

Offline themossman

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #15 on: March 08, 2011, 01:24:09 PM »
True. If Gary Lineker ever became a football agent the universe would almost certainly implode.

Offline Ad@m

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #16 on: March 08, 2011, 01:36:49 PM »
The court was told Downing, who now plays for Aston Villa, had trusted Elliott with all his contract negotiations at Middlesbrough, including image rights.

It is alleged that Elliott committed fraud by falsely claiming Downing consented to him becoming a director of Stewart Downing Promotions Ltd, and requiring Downing to sign a two-year contract without telling him that its terms were inconsistent with an earlier contract.

Another take on this could be, "Footballer in 'So much money he forgets to read the legally binding contracts he's signing' shocker"...

The agent sounds very much like a crook, but if you were signing an agent up for two years, don't you think you'd read the terms of it?!

Offline Chris Jameson

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #17 on: March 08, 2011, 01:47:59 PM »
Didn't Sting's accountant steal millions from him without him noticing?

Offline Ad@m

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #18 on: March 08, 2011, 01:52:12 PM »
Stewart Downing, 26, told York Crown Court how he discovered just £11,000 in one of his business accounts, which should have contained £600,000 to £700,000.

The Communists amongst the site would probably take another view of this - that if he only noticed £600k-£700k missing when he checked his bank statements he shouldn't have had it in the first place, the capitalist swine!!!!

Offline lordmcgrath5

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #19 on: March 08, 2011, 04:11:50 PM »
Didn't Sting's accountant steal millions from him without him noticing?

Indeed he did. I thought it was hilarious. Sting = Utter cock.

Offline lordmcgrath5

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #20 on: March 08, 2011, 04:14:15 PM »
Is there a lower form of life than a football agent?

That's a genuinely tough question. Still pondering that one, will get back to you....

Alright, I suppose doorstep loan sharks are worse. Arms dealers, perhaps. But it's certainly a tough one.

Offline Risso

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #21 on: March 08, 2011, 04:15:28 PM »
I'm going to offer to be Dave Woodhall's accountant.  He makes Downing and Sting look like tramps.

Offline eastie

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #22 on: March 08, 2011, 04:17:03 PM »
It was said in court that downing wanted £80000 a week in wages to stay at boro which downing denies.
He also confirmed £136,000 had left the account to pay for a variety of luxury items.

As well as the home cinema, he spent £30,000 on a home extension, £6,000 on a walk-in wardrobe and £45,000 on a conservatory.

Other expenditure included £6,000 on a bathroom. He also gave his family £180,000 over a number of years, the jury was told.

The former Middlesbrough midfielder told the jury the account should have had £600,000 to £700,000 in it from his earnings.

He said a firm of accountants discovered just £11,000 in the account.

Downing said there was a "massive amount" of money going into the account and he would have expected to see more than a few thousand pounds.

"If you look at the money that had gone out, there should have been more than £11,000," he told the jury during cross-examination.

Robin Patton, defending Elliott, responded by saying: "That's if you know what you are doing with your money."

Mr Patton put it to Downing that he had spoken to Tottenham Hotspur in January 2008 to discuss a possible move to the London club.

Mr Patton claimed he had spoken to the club on two occasions.

Downing denied the claim or that he was trying to increase his wages at Middlesbrough FC to £80,000 a week during contract negotiations in 2008.

He said the figure of £80,000 was "comical" and he would never try to get that much money from Middlesbrough.



Read more: http://www.mirrorfootball.co.uk/news/Stewart-Downing-fraud-trial-reveals-spending-habits-of-a-Premier-League-footballer-article711851.html#ixzz1G1jno5wX
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« Last Edit: March 08, 2011, 04:42:31 PM by eastie »

Offline Percy McCarthy

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #23 on: March 08, 2011, 07:56:55 PM »
I'm going to offer to be Dave Woodhall's accountant.  He makes Downing and Sting look like tramps.

That reminds me of when a bluenose at work told me that Carson Yeung's fortune makes Randy Lerner look like a Somalian refugee. I think he'd been reading something by Colin Tattum.

Offline Ad@m

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #24 on: March 08, 2011, 08:12:11 PM »
I'm going to offer to be Dave Woodhall's accountant.  He makes Downing and Sting look like tramps.

That reminds me of when a bluenose at work told me that Carson Yeung's fortune makes Randy Lerner look like a Somalian refugee. I think he'd been reading something by Colin Tattum.

Carson Yeung allegedly made an approach to buy the Villa before Randy did but HDE wanted to see the colour of his money before he entertained the idea.

Needless to say, it never got past first base!

Offline dave.woodhall

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #25 on: March 09, 2011, 12:16:30 AM »
Stewart Downing, 26, told York Crown Court how he discovered just £11,000 in one of his business accounts, which should have contained £600,000 to £700,000.

The Communists amongst the site would probably take another view of this - that if he only noticed £600k-£700k missing when he checked his bank statements he shouldn't have had it in the first place, the capitalist swine!!!!

Here we go again - you don't agree with unfettered capitalism, you're a Communist.

Offline Ad@m

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #26 on: March 09, 2011, 12:23:19 AM »
Stewart Downing, 26, told York Crown Court how he discovered just £11,000 in one of his business accounts, which should have contained £600,000 to £700,000.

The Communists amongst the site would probably take another view of this - that if he only noticed £600k-£700k missing when he checked his bank statements he shouldn't have had it in the first place, the capitalist swine!!!!

Here we go again - you don't agree with unfettered capitalism, you're a Communist.

That was written with my tongue firmly in my cheek!  Lighten up Dave!

Offline PeterWithe

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #27 on: March 09, 2011, 09:41:11 AM »
This is all a bit dull isn't it? A few grand on a kitchen, an extension etc, where is all the exciting stuff, 20k on gambowling dwarves polishing his bell end, a million on a pet unicorn?

Offline TimTheVillain

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #28 on: March 09, 2011, 09:46:46 AM »
I'd love to be a football agent !!

Offline Simon Ward

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Re: Downing's agent 'siphoned hundreds of thousands of pounds'
« Reply #29 on: March 09, 2011, 09:49:33 AM »
This is all a bit dull isn't it? A few grand on a kitchen, an extension etc, where is all the exciting stuff, 20k on gambowling dwarves polishing his bell end, a million on a pet unicorn?

They weren't allowed to bring that evidence to court for fear of exposing Downing to ridicule!

 


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