Rich Energy drop Haas. No...Really. Seriously...

Rich Energy drop Haas. No...Really. Seriously...

Author
Discussion

LukeBrown66

2,612 posts

26 months

Monday 25th July
quotequote all
So, it appears that Storey's company is almost in liquidation, but the bike team are sponsored by a different company that deals ith distribution.

Eitehr way they both use the same logoa nd sell the same product, maybe one owns it, but cannot sell it? Bloody odd either way

Ouroboros

2,247 posts

19 months

Monday 25th July
quotequote all
Frogmella said:
William Storey announced yesterday that Rich Energy dropped title sponsorship of OMG Racing in BSB..... when they are top of the standings....


Surely the agreement would have been for the entire season?
So basically after the latest post, he comes across a proper fruit loop living in his own world.

Dr Interceptor

6,945 posts

176 months

Monday 25th July
quotequote all
Krikkit said:
Interesting reading, not sure if it's 100% correct mind: https://motorsport.radio/bsb-rich-energy-omg-racin...
That's hilarious... so by saying the product doesn't exist, we're pretty much right. It's a generic energy drink own-labelled for Storey. They probably just ordered the minimum order quantity, and that's it.

So off the back of something that doesn't exist, he has been able to rack up over £50m of debt.

Sounds like it's all finally going wrong now though...

super7

1,404 posts

188 months

Monday 25th July
quotequote all
Dr Interceptor said:
Krikkit said:
Interesting reading, not sure if it's 100% correct mind: https://motorsport.radio/bsb-rich-energy-omg-racin...
That's hilarious... so by saying the product doesn't exist, we're pretty much right. It's a generic energy drink own-labelled for Storey. They probably just ordered the minimum order quantity, and that's it.

So off the back of something that doesn't exist, he has been able to rack up over £50m of debt.

Sounds like it's all finally going wrong now though...
So who is paying the sponsorship for the BTCC???????

LukeBrown66

2,612 posts

26 months

Monday 25th July
quotequote all
By the look of it, Storey was using his money gained elsewhere to try and push this stuff, he was banking on the media and his bonkersness to ramp up interest, popularity and maybe sales.

Oddly I think he has achieved plenty of publicity, so why is his product not making any money. He must have given money to BTCC, Haas and OMG or they would have dropped him with months, so something must have been given to them. And in their press they do not seem to confirm no money has been given to them.

Seems like maybe now he has run out of money, and trying to close down deals that were inked by other people in his company


Chrisgr31

12,726 posts

235 months

Monday 25th July
quotequote all
Is the OMG deal all about creating losses to offset tax? If you assume that Rich Energy OMG is the sponsor it is losing lots of money and the Director is the same as the bike team?

Pflanzgarten

780 posts

5 months

Tuesday 2nd August
quotequote all
https://twitter.com/sniffpetrol/status/15544127931...

Big Billy “tell me a” Storey trying to donut his jag hehe

Dr Interceptor

6,945 posts

176 months

Tuesday 2nd August
quotequote all
Pflanzgarten said:
https://twitter.com/sniffpetrol/status/15544127931...

Big Billy “tell me a” Storey trying to donut his jag hehe
That’s about the third time that one has been posted now