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Author MoneySavingExpert
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
1st Jun 12 at 17:38   View User's Profile U2U Member Reply With Quote

Just been bought for £87m.

Bit ironic that Martin Lewis has made so much money from it, although he is giving £10m to charity which is decent.
richc
Member

Registered: 24th Mar 07
Location: Ilkeston
User status: Offline
1st Jun 12 at 17:52   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by James
Just been bought for £87m.

Bit ironic that Martin Lewis has made so much money from it, although he is giving £10m to charity which is decent.


Tax evasion more like
Ian
Site Administrator

Avatar

Registered: 28th Aug 99
Location: Liverpool
User status: Online
1st Jun 12 at 17:56   View Garage View User's Profile U2U Member Reply With Quote

http://www.bbc.co.uk/news/business-18296412

Nothing will change, whatever
Neil
Member

Registered: 2nd Nov 03
Location: Newcastle Drives: E46 MSport Coupe
User status: Offline
1st Jun 12 at 18:00   View User's Profile U2U Member Reply With Quote

Half the payment is paid after 3 years based on "website growth and trust growth".. thinking they may have some problems with growing trust in the site having Moneysupermarket as owner rather than being fully independent.. Editorial agreement or not.
Ian
Site Administrator

Avatar

Registered: 28th Aug 99
Location: Liverpool
User status: Online
1st Jun 12 at 18:04   View Garage View User's Profile U2U Member Reply With Quote

Curious what is in it for MoneySuperMarket, its clearly a commercial decision, no one spends 87m quid unless they want to see a bit back.

The moderation is so damn strict on there I wouldn't imagine there will be much of a debate about it.
John
Member

Registered: 30th Jun 03
User status: Offline
1st Jun 12 at 18:05   View User's Profile U2U Member Reply With Quote

69% of MoneySavingExpert's income came from moneysupermarket referrals, that probably played a big part.
Carl
Member

Registered: 9th May 04
Location: Jimmy Bennett's la la land.
User status: Offline
2nd Jun 12 at 10:02   View User's Profile U2U Member Reply With Quote

Can't blame him for selling it!

 
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