Boathook
Well-known member
My thought as well. High spring tide, low pressure sheltered river, etc.He could run it aground across the river at Hoo and offer it on airBNB
Nice yacht up for auction in Gibraltar with no reserve
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Adios
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If not AirBNB a quarantine hotel for the monkey pox pandemic, they could bury the dead down river on deadmans island again.
20 years ago a resident at Hoo pointed to a slightly dated oligarch suitable looking white motor yacht moored up to the outer perimeter and said it was the marina owners. It looked a bit neglected which gave some sense of how much upkeep a thing like that would need and I've never suffered envy for grand boats or grand houses since.
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Daydream believer
Well-known member
So what do those that are owed the money do -Whistle for it? Would you stand & let £22M slip through your fingers. The fact that the sellers are a wealthy finance Co. has nothing to do with it. It is £ 22M & needs to be paid. If anyone is to blame it is a certain Mr P & his money grabbing Oligarchs. You refer to Mafia tactics- Do you really have sympathy with those that have gained wealth by such means?
Surely not.
You fight fire with fire. Not with appeasement.
billskip
Well-known member
I thought running costs were up to 20% of cost.....if he gets it for 50 quid.......Looks like Concerto's £50 might be in with a chance then ?
I hope he has the £8M to cover annual running expenses.
Daydream believer
Well-known member
Yes I suppose another £10 might be a deal breaker for a tight wad. Not that one would suggest that Concerto is for an instant. But TWO boats. Bit much really
Zing
Well-known member
Sure, banks can call in loans if covenants are breached. They can also waive their right to give the owner a chance to overcome his difficulties and they should do that first, up until the point where collateral is at risk.
I find it immoral to cripple the oligarchs in the way governments have done. They were crooks in the past probably, but thats’ a Russian problem. What the West has done to them is theft and extortion, mafia style. To be a part of that is analogous to buying stolen goods. Its immoral.
Stemar
Well-known member
I've no idea what this particular oligarch did to get his money, other than to echo what my Dad said about a new "darling of the city" many years ago, "There's no way he got that rich that quickly honestly. It may have been legal, though I doubt it, but it wasn't honest" A year later, said "darling" was in jail.
As a group the oligarchs, with the help of corrupt politicians, impoverished a nation with huge potential through their greed. They used far less moral tactics to get their money than western banks have, at least in the last century, and caused far more pain to ordinary folk, so you will understand if I'm a bit short on sympathy for them.
As a group the oligarchs, with the help of corrupt politicians, impoverished a nation with huge potential through their greed. They used far less moral tactics to get their money than western banks have, at least in the last century, and caused far more pain to ordinary folk, so you will understand if I'm a bit short on sympathy for them.
Zing
Well-known member
I agree, but should we sink to their level and corrupt our laws with laws that are little different from the corrupt world they operated in. Or is it an eye for an eye, a tooth for a tooth? If so, then shouldn't they be subject to the Court and full legal process before sentencing?
westernman
Well-known member
We are to all intents and purposes at war with Russia.
So I have no qualms confiscating anything from Russians who are close to Putin without going through a full legal process.
Adios
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Why isn't the word oligarch applied to western billionaires? As you said first our lot are also corrupt. Instead we celebrate them even when they horde disgusting amounts of money off the back of illness while the ordinary British folk struggle in poverty Meet The 40 New Billionaires Who Got Rich Fighting Covid-19
I've always struggled to get excited visiting national trust grand country houses, no doubt their history includes greed and oppression. Its impossible for anyone to acquire hugely more wealth than the people around him without at least being guilty of not sharing a decent amount of the profits with his workers. Rich man / eye of needle / camel etc.
In which case lets confiscate our oligarchs mega yachts as well and give them to charities for kids to go on holidays.
Stemar
Well-known member
Most certainly are, but the opportunities for theft on the scale of what happened around the fall of the USSR are more limited in the west.
Sounds like a plan, but I you'd have to make the woligarchs (western oligarchs) pay the running costs too. I'd be kind and allow them a couple of weeks a year on board. That's probably about as much as they use them anyway
Caer Urfa
Well-known member
This auction lot is more interesting as at least someone can afford it
Moody Carbineer 44 for sale UK, Moody boats for sale, Moody used boat sales, Moody Sailing Yachts Auction Moody Carbineer 44 For Auction August 23 - Apollo Duck
Moody Carbineer 44 for sale UK, Moody boats for sale, Moody used boat sales, Moody Sailing Yachts Auction Moody Carbineer 44 For Auction August 23 - Apollo Duck
SaltyC
Well-known member
This auction lot is more interesting as at least someone can afford it
Moody Carbineer 44 for sale UK, Moody boats for sale, Moody used boat sales, Moody Sailing Yachts Auction Moody Carbineer 44 For Auction August 23 - Apollo Duck
Oooh a 70's Superyacht. One of a few to be found (even in Moody's marina) now a starter boat!
Zing
Well-known member
No, we are not at war. The Ukraine is.
This is a view I find hard to disagree with:
"The illegitimate freezing of some of the currency reserves of
the Bank of Russia marks the end of the reliability of so-
called first-class assets. In fact, the US and the EU have
defaulted on their obligations to Russia. Now everybody
knows that financial reserves can simply be stolen. And
many countries in the immediate future may begin - I am
sure this is what will happen - to convert their paper and
digital assets into real reserves of raw materials, land, food,
gold and other real assets which will only result in more
shortages in these markets.
Vladimir Putin
March 16, 2022
Adios
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Ukraine isn't at war, its being wared upon. Its the convenient next place after they shut down the 20 year afghan war for the military industrial complex on both sides to continue to spend weapons and stay filthy rich. If there was a real war it would have ended by now, right at the beginning they gave Ukrainians 5 year EU visas before anyone should have known how long it would last. Consider Boris on a train from Poland to Kiev a month into the conflict after Russia had air superiority and should have cut off that line where Ukraine get its weapons resupplied, but that would have defeated the real objective, its not supposed to end yet.
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