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What is 'Rich Energy'?


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#7701 RSRally

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Posted 27 September 2023 - 09:38

There's two new Rich Energy outfits listed on companies house:

Rich Energy Official Ltd, the same people behind OMG Racing and Rich Energy Distribution Limited, with a Michael Thomas King as director.

Meanwhile the official Rich Energy site is just a placeholder page with no information on how one might purchase The
Beard Juice.

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#7702 pdac

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Posted 27 September 2023 - 11:24

There's two new Rich Energy outfits listed on companies house:

Rich Energy Official Ltd, the same people behind OMG Racing and Rich Energy Distribution Limited, with a Michael Thomas King as director.

Meanwhile the official Rich Energy site is just a placeholder page with no information on how one might purchase The
Beard Juice.

 

Don't forget about Lightning Volt Ltd.



#7703 Ross Stonefeld

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Posted 27 September 2023 - 11:41

Did anyone post here on the deal with the BSB team?

 

Basically the guy who ran the team was an "importer" so had very little to do with the hairy guy, or so it was said.  Odd though that he appeared once or twice early on in the deal, they won the championship last year too!

 

But this year nowhere to be seen, despite the team boss allegedly being an importer.  very shady goings on if you ask me and no real honest answers either!

 

OMG will be the works-Yamaha team in BSB next year, they must be doing something right.



#7704 RSRally

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Posted 27 September 2023 - 13:05

Don't forget about Lightning Volt Ltd.


That's the old Rich Energy that are now in liquidation with claimants totalling around £60m.

#7705 pdac

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Posted 27 September 2023 - 17:27

That's the old Rich Energy that are now in liquidation with claimants totalling around £60m.

 

There are two active directors listed (guess who) and a winding up order was issued in 2020, but it's still ongoing.



#7706 Ross Stonefeld

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Posted 27 September 2023 - 17:31

This whole thread is a windup.



#7707 Colbul1

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Posted 12 October 2023 - 09:52

Jesus, he's now trying to buy my football team (Reading) for £50 million!  Our season is going bad enough - relegated to League 1, 4 points deducted already this season, currently 22nd and in the relegation zone to League 2, staff being unpaid, had a winding up order in June - for Storey to come along and make it all worse!  I'd rather the club go bankrupt that have him own it!



#7708 PayasYouRace

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Posted 12 October 2023 - 11:33

Where does he get all this money from?

#7709 KWSN - DSM

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Posted 12 October 2023 - 11:35

Where does he get all this money from?

 

Selling energy drinks?



#7710 Rodaknee

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Posted 12 October 2023 - 11:40

Where does he get all this money from?

What money?  When did he last pay up on one of his deals?

 

According to the Torygraph he's actually bought Reading FC.  Who'd have thought they accept Bank of Toytown cheques?

 

https://footballleag...make-his-money/



#7711 Rodaknee

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Posted 12 October 2023 - 11:44

Here's the Torygraph article.  It's behind a paywall.

 

https://www.telegrap...sor-50-million/



#7712 pdac

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Posted 12 October 2023 - 12:01

Selling energy drinks?

:rotfl:



#7713 Pete_f1

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Posted 12 October 2023 - 12:43

OMG WTF LOL!

I only dusted off the three cans of Rich Energy I have the other day.

#7714 Grippy

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Posted 12 October 2023 - 13:16

https://footballleag...make-his-money/

Reading FC takeover: How did William Storey make his money?

 

Spoiler; it is still unclear.



#7715 PayasYouRace

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Posted 12 October 2023 - 13:17

Perhaps I should have asked how he keeps convincing people that he has so much money.

#7716 Jellyfishcake

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Posted 12 October 2023 - 13:22

Perhaps I should have asked how he keeps convincing people that he has so much money.

 

It's baffling isn't it.

 

Almost impressive levels of ridiculousness 



#7717 KWSN - DSM

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Posted 12 October 2023 - 14:14

If, and I have that as a big IF he bought Reading there will be a papertrail showing actual money I presume.



#7718 KWSN - DSM

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Posted 12 October 2023 - 14:14

We need Alina (Aliana?).



#7719 Ellios

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Posted 12 October 2023 - 14:30

The list of football clubs owned by dodgy dealers is considerably long, I've no faith in the due diligence process. 

 

Poor Reading fans have been through enough, it's only just beginning if this chancer gets his hands on the club. 

 

BBC : https://www.bbc.co.u...otball/67088959


Edited by Ellios, 12 October 2023 - 14:36.


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#7720 GlenWatkins

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Posted 12 October 2023 - 14:35

We need Alina (Aliana?).

Alanis

#7721 AncientLurker

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Posted 12 October 2023 - 14:39

We need Alina (Aliana?).

They are currently registering accounts on Reading/Football forums to source the sequel to their book.



#7722 7MGTEsup

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Posted 12 October 2023 - 15:53

Where does he get all this money from?

 

A photocopier?



#7723 Maustinsj

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Posted 12 October 2023 - 16:21

Where does he get all this money from?

 

Hidden in the murky depths of his follicled mandibular extremity!



#7724 Parker1

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Posted 12 October 2023 - 16:26

Where does he get all this money from?

He hasn’t parted with a penny yet.  As the saying goes… money talks and bullsh.t walks .  Give it a week and some excuse will appear for it not to happen . He’s just a two bob ****



#7725 LittleChris

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Posted 12 October 2023 - 16:54

His alleged purchase of Sunderland a couple of years ago didn't go far. 

 

You can hear the man himself interviewed by the late lamented Chrissy Rouse and Dom Herbertson on Chasin The Racin Episode 054 .

 

Chasin' The Racin': #054 What's the Storey? [RICH ENERGY CEO] (libsyn.com)

 

Full of bull as they say 



#7726 Grippy

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Posted 12 October 2023 - 17:40

Lol

 

 

From THE READING CHRONICLE;

 

"..................In the footballing world, Storey has had two failed attempts to buy Sunderland and Coventry City since 2020.

According to the Sunderland Echo, "Storey also claimed to have several "bluechip backers" as partners whilst trying to acquire Sunderland but failed to provide details to supporters when asked repeatedly leading to concerns over Storey's actual wealth, which remain to this day."

— Kieran Maguire (@KieranMaguire) October 11, 2023

Away from sport, four companies of which he has been a director have all been dissolved via compulsory strike-off, meaning they have failed to file paperwork with Companies House. ........"


 

 

Also, Reading FC  ".....Reading Football Club would like to clarify that the process of the sale of the club is ongoing and, contrary to reports, there is currently no agreement in place with any party. ........"


 


 

Also if there is any connection with Rich Energy Distribution Ltd, a new company as of Sept 2023 (only connection I see is a shared mail clearing-house), they are agents and wholesalers of food, beverrages and tobacco.



#7727 Brian60

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Posted 12 October 2023 - 17:52

Where does he get all this money from?

He's a student of Donald Trump Business School  -  Buy stuff, hotels, football teams, racing teams etc etc, without ever having any or handing over any cash!



#7728 Mat13

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Posted 12 October 2023 - 17:53

Alanis


Isn’t it ironic…

#7729 KWSN - DSM

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Posted 12 October 2023 - 17:58

Lol

 

 

From THE READING CHRONICLE;

 

"..................In the footballing world, Storey has had two failed attempts to buy Sunderland and Coventry City since 2020.

According to the Sunderland Echo, "Storey also claimed to have several "bluechip backers" as partners whilst trying to acquire Sunderland but failed to provide details to supporters when asked repeatedly leading to concerns over Storey's actual wealth, which remain to this day."

— Kieran Maguire (@KieranMaguire) October 11, 2023

Away from sport, four companies of which he has been a director have all been dissolved via compulsory strike-off, meaning they have failed to file paperwork with Companies House. ........"

 

 

Also, Reading FC  ".....Reading Football Club would like to clarify that the process of the sale of the club is ongoing and, contrary to reports, there is currently no agreement in place with any party. ........"

 

 

Also if there is any connection with Rich Energy Distribution Ltd, a new company as of Sept 2023 (only connection I see is a shared mail clearing-house), they are agents and wholesalers of food, beverrages and tobacco.

 

The magic word!!1



#7730 Grippy

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Posted 12 October 2023 - 18:14

It was tobacco that got my attention

(and that I spelt beverages wrong)



#7731 Burtros

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Posted 12 October 2023 - 18:16

EFL have a ‘fit and proper persons’ test which is conducted on anyone looking to own or control a football club. He may struggle to pass that on what we know currently.

#7732 DeKnyff

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Posted 12 October 2023 - 18:41

It was tobacco that got my attention

(and that I spelt beverages wrong)

 

It doesn't necessary mean that they are in the tobacco business. I think "wholesalers of food, beverages and tobacco" is an EU statistical group for companies which deal with any of those things, just for bureaucratic purposes. I imagine the UK has kept the same statistical groups after Brexit.



#7733 Grippy

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Posted 12 October 2023 - 18:53

It doesn't necessary mean that they are in the tobacco business. I think "wholesalers of food, beverages and tobacco" is an EU statistical group for companies which deal with any of those things, just for bureaucratic purposes. I imagine the UK has kept the same statistical groups after Brexit.

Good point. I hadn't considered that.



#7734 Fastcake

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Posted 12 October 2023 - 22:29

EFL have a ‘fit and proper persons’ test which is conducted on anyone looking to own or control a football club. He may struggle to pass that on what we know currently.

He's positively a paragon of virtue compared to some that own English football clubs. At least old Storey doesn't control a secret police or an air force.



#7735 JimmyClark

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Posted 01 November 2023 - 09:39

lol
 
 

William Storey
 
@richenergyceo

Ater signing a contract & exclusivity in Oct we entered a period of due diligence. Our accountants have reported. My investors & I have decided not to proceed. I wish the club & loyal fans the very best & hope they get an owner who will invest for long term success #readingfc


i.e. "I never had any money, I was just doing this for publicity. Again."

Edited by JimmyClark, 01 November 2023 - 09:39.


#7736 Parker1

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Posted 02 November 2023 - 06:50

He hasn’t parted with a penny yet.  As the saying goes… money talks and bullsh.t walks .  Give it a week and some excuse will appear for it not to happen . He’s just a two bob ****

I hate to say I was right , but I was …. Give it a few weeks and another fantasy story (pardon the pun) will appear . Hopefully he will be struck off from being a director of any British company soon.



#7737 pdac

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Posted 02 November 2023 - 19:26

I hate to say I was right , but I was …. Give it a few weeks and another fantasy story (pardon the pun) will appear . Hopefully he will be struck off from being a director of any British company soon.

 

They've not even managed to strike off his existing companies after so many years of not filing anything. I get the impression it's easy to register a company in the UK, but it's nigh on impossible to strike one off.


Edited by pdac, 02 November 2023 - 19:26.


#7738 AncientLurker

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Posted 03 November 2023 - 03:41

With all the stunts he has pulled, you’d think by now he’d be on some kind of professional sport’s black list. Any club or business that enters into a contract with him at this point deserves what they get for not being able to do the simplest of due diligence.

Edited by AncientLurker, 03 November 2023 - 03:41.


#7739 KWSN - DSM

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Posted 03 November 2023 - 11:29

With all the stunts he has pulled, you’d think by now he’d be on some kind of professional sport’s black list. Any club or business that enters into a contract with him at this point deserves what they get for not being able to do the simplest of due diligence.

 

Strangely scammers most times appear able to scam again, and again, and again.



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#7740 RSRally

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Posted 07 December 2023 - 21:31

Breaking News.. Storey in pole position to replace Lance Stroll at Aston.. he's also faster than Dani Ric but i guess it's a bit implausible he'd sign for a Red Bull owned team:

https://twitter.com/...ugjmyv735A&s=19

#7741 JeanAlesi27

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Posted 07 December 2023 - 21:35

Breaking News.. Storey in pole position to replace Lance Stroll at Aston.. he's also faster than Dani Ric but i guess it's a bit implausible he'd sign for a Red Bull owned team:

https://twitter.com/...ugjmyv735A&s=19

 

One of the replies to the tweet   Put down the drugs and step away from the keyboard :lol:  :lol: