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Whats the opinion now that ricci has partnered with BV to resintate the antepost bets…
Should he be allowed to grace a racecourse entrance ?
Im obviously in the minority here but i like the guy, the sport would be alot worse off without him..
It’s an attempt to buy his reputation back. I doubt if it’ll work, simply because his first ‘natural’ reaction was to do over some punters.
If this hadn’t all kicked off in the press and at Cheltenham, do you really believe he would have sought this offer?
Mike
It’s an attempt to buy his reputation back. I doubt if it’ll work, simply because his first ‘natural’ reaction was to do over some punters.If this hadn’t all kicked off in the press and at Cheltenham, do you really believe he would have sought this offer?
Mike
I didn’t bother getting involved in this thread at the beginning, nobody knows the ins and outs, so everyone was guessing.
Mike, you do realise RR is a small part of Betbright + is not the sole decision maker? So when he was “doing over some punters”, you are singling out someone who actually could well have had little say over the outcome? Do you expect a man who is a small shareholder in a company just to pay everyone out?
Come on.
Twitter: Jackh1092
Hindsight is 20/20 so make the most of it!Mike, you do realise RR is a small part of Betbright + is not the sole decision maker? So when he was “doing over some punters”, you are singling out someone who actually could well have had little say over the outcome? Do you expect a man who is a small shareholder in a company just to pay everyone out?
Erm, he was the Executive Chairman!
Mike
An Executive Chairman (who doesn’t control the day to day runnings of a business) and who sits with a borad of directors, that first of foremost have to do what is best for the shareholders and their liabilities and not punters bets.
Wouldn’t profess to know the ins and outs of their (or any) business model for that matter but would imagine the route they took was what had to happen before the issue with punters and outstanding bets could be addressed. Had it been anyone else but Ricci as the figurehead I would imagine that the outcry would not have been anywhere near as loud or vitriolic.
I appreciate that people may not like Ricci and if that is based on his ownership decisions (in conjunction with Mullins) then fair enough as I have not agreed with a number of them myself but none of us know him personally and to seemingly single him out as a person wanting to get punters at every opportunity is unfair especially given that we are not privy (nor should we be) to all that goes on with the business side of that company and what the protocol is for winding up a betting business.
Erm, he was the Executive Chairman!
Mike
Probably worded iT wrong in a rush, he obviously has an input, but why do you think it is all solely down to Ricci to take the blame like most have? He’s been the face of it all, when really it’s not just him involved. Just because he’s known in racing.
It might well be partly down to PR, but at the end of the day, it’s Betbright that should be doing this as a whole, not RR.
Twitter: Jackh1092
Hindsight is 20/20 so make the most of it!What a hero Ricci is
jump back on board now with the large pay outs looking to go south…
Gaelic Warrior Gold Cup Winner 2026
Ricci name is on the tin Jack
It’s been confirmed that @BetVictor will honour all antepost bets placed with BetBright after agreeing a deal with Rich Ricci“after agreeing a deal with Rich Ricci” he needs his name in lights
I’m sure plenty of us are over playing it but perhaps you are under playing it to a degree too
The man has a midus touch but he don’t turn things into gold
Gaelic Warrior Gold Cup Winner 2026
What a hero Ricci is
jump back on board now with the large pay outs looking to go south… But Nathan, why are you solely targetting Ricci for it? I don’t get it..What about the other guys in Betbright, namecheck them please?
Twitter: Jackh1092
Hindsight is 20/20 so make the most of it!Ricci name is on the tin Jack
It’s been confirmed that @BetVictor will honour all antepost bets placed with BetBright after agreeing a deal with Rich Ricci“after agreeing a deal with Rich Ricci” he needs his name in lights
I’m sure plenty of us are over playing it but perhaps you are under playing it to a degree too
The man has a midus touch but he don’t turn things into gold
His name is on the tin for the payout, but is his name solely on the tin for the initial decision for which you are jumping the gun on prosecuting for? I don’t think i can be underplaying something that noone is privy to the details of. People jumping the gun and using him as the outright blame for it, can be seen as overplaying it, considerign they know pretty much FA.
I don’t love or hate Ricci btw.
Twitter: Jackh1092
Hindsight is 20/20 so make the most of it!I think people are misunderstanding the role of an ‘Executive Chairman’ vs a ‘Chairman’. An Executive Chairman is more akin to a CEO not a normal Chairman. As such he is accountable for the day to Day decisions and running of the firm.
Jack – Therefore Ricci is accountable for this. Perhaps not responsible but definitely accountable i.e. answerable.
CNC, the press, twitter etc. have basically said RR has “done over punters” and has taken money etc. etc.
He is answerable, and has answered, what he isn’t is the only person to blame over the whole thing + so many things like the line above have been written incorrectly. Betbright is not just RR, at the end of the day he is a small shareholder.
Twitter: Jackh1092
Hindsight is 20/20 so make the most of it!Jack – You’re right that he is not the only person to blame, however, as an Executive Chairman he is accountable for the actions and behaviour of ALL employees of Betbright.
As to your point about his shareholding, I don’t mean to be rude, but that isn’t particularly relevant. Him being a shareholder is typical of most executive directors. An Executive Chairman is typically elected by the Board whom are in turn are typically elected by Shareholders i.e. he is there to represent the interests of the shareholders by overseeing the running of the business.
Whether or not others are to blame, the main point is: in his role as Executive Chairman he is accountable for ALL the actions of the company. That is part and parcel of being an Executive Chairman. I’m not sure what more to say to be honest.
It is the money of the punters, along with other loans and equity, that fund the operating of the company so to simply return the liabilities to the punters, particularly when the price of the liabilities will have most likely changed given they were antepost bets, is very poor practice. Do you think the other owners of the liabilities such as banks and shareholders would except no return? I think not.
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