McCourt's Divorce

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Red
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McCourt's Divorce

Post by Red »

How much money would he have to have to pay his soon to be ex-wife a million dollars a month?
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Fordama
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Re: McCourt's Divorce

Post by Fordama »

Red wrote:How much money would he have to have to pay his soon to be ex-wife a million dollars a month?
On the radio this morning I guess she's first asked for $900k to retain her divorce attorneys.

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MDDad
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Re: McCourt's Divorce

Post by MDDad »

Fordama wrote: On the radio this morning I guess she's first asked for $900k to retain her divorce attorneys.

Fordama
I think you left off a zero. I've always heard $9 million for the lawyers.
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GOODave
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Re: McCourt's Divorce

Post by GOODave »

MDDad wrote:
I think you left off a zero. I've always heard $9 million for the lawyers.
For $9 mill, she BETTER be getting more than just a lawyer or two... or for $900 K either.
Red
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Re: McCourt's Divorce

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Still begs the question, how much is he worth or earns to pay ONE MILLION DOLLARS per month for alimony?
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Tommy Tar
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Re: McCourt's Divorce

Post by Tommy Tar »

Red wrote:Still begs the question, how much is he worth or earns to pay ONE MILLION DOLLARS per month for alimony?

I was told he makes almost no "Income", and pays very little Income Tax.

What they do is borrow money on one of their parking lots. Say 5 million or so (Tax Free), and live off that money. The parking lot revenue pays off the loan. When that cash is gone they do it again with a different prop. I guess at some point the roof comes down but I bet they have a plan for that.

The rich make the rules. :roll:
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