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View Full Version : Lotto lout Michael Carroll sells wrecked mansion at £600,000



-:Undertaker:-
09-08-2010, 11:58 PM
http://www.dailymail.co.uk/news/article-1301508/Lotto-lout-Michael-Carroll-sell-wrecked-mansion-600-000-loss.html


For after years of wild drink and drug-fuelled parties and appalling anti-social behaviour, the self-styled King of Chavs has finally sold the ‘dream’ home he bought with his £9.7million jackpot. The dilapidated state of the five-bedroom mansion means Carroll was forced to accept a £600,000 loss on the sale. Smashed fences, shattered windows and debris in the garden reflect Carroll’s decline from millionaire to pauper.

http://i.dailymail.co.uk/i/pix/2010/08/09/article-1301508-009EA44A1000044C-630_634x408.jpg



Such is his downfall, he is said to have gone back to his old job as a £200-a-week binman since being declared bankrupt earlier this year. He frittered away his winnings on a lifestyle of excess, apparently blowing more than £1million on drugs and prostitutes. The 27-year-old picked up his jackpot in 2002, notoriously while wearing an electronic tag for being drunk and disorderly. Shortly after, he bought the house, called The Grange, for £340,000. He spent a further £400,000 extending it and installing a swimming pool and Jacuzzi.

Had he looked after it, the property is thought to have been worth at least £700,000. Instead, he sold the ramshackle home in Swaffham, Norfolk, for just £142,000. His former wife, Sandra, will get half of the cash, leaving Carroll with just £63,000 after paying estate agent and legal fees. But despite the loss he said he was ‘thrilled’, adding: ‘I’m glad the house has been sold – it holds bad memories.’ The father of two had abandoned The Grange after electricity and gas supplies were cut off because of unpaid bills. A friend said: ‘He was living like a wild animal. There was evidence of drink and drugs in every room. He used to hold wild drugs and sex parties and the house got ruined. ‘There was no heating, so people set fire to doors to keep warm.'

What a shame he won in the first place, look at the pictures on the article and the house is totally gutted. It goes to show that even when given a good start in life some people just squander it all. If only somebody more deserving had won in the first place.

Thoughts?

Grippz
10-08-2010, 12:14 AM
What an idiot, look at the state of him ;-/ Serves him right ;l - 'the self-styled King of Chavs' made me laugh lmao

danzooo
10-08-2010, 12:42 AM
absolute ******* ********. he deserves that bankruptcy more than anything - just goes to show what some people are like when presented with such a vast sum of money.

Callum.
10-08-2010, 01:02 AM
to blow 10 million is terrible. another one on benefits soon enough.

Meowingtons
10-08-2010, 08:54 AM
what an ass hole

GommeInc
10-08-2010, 10:58 AM
Some people really should avoid the lottery at all times. They cannot handle it, or should at least have a plan of action for what to do with it IF they win (even though there are so little chances).

On a seperate rant, it's such a shame some millionaires and other idiots destroy such lovely homes for the sake of space, which is what he did here. Also, is that really a mansion? It doesn't appear to have a big building nor the land or other features to make it a mansion. It's more like a big home with a pool bolted onto the side :P

dbgtz
10-08-2010, 11:03 AM
well im surprised it lasted 8 years considering.

Petite$
10-08-2010, 11:32 AM
I've always hated that man. There are so many people who could benefit hugely from winning millions but he wasted it all away on *****s and drink. The new owner is spending £150,000 on restoring that place, which is so unfair. It was beautiful before Carroll got his hands on it!

GoldenMerc
10-08-2010, 11:53 AM
Can anyone link me to what his house looked like before and after ?

Minstrels
10-08-2010, 12:53 PM
He's actually back on the dole now.

Jordy
10-08-2010, 03:16 PM
I've always hated that man. There are so many people who could benefit hugely from winning millions but he wasted it all away on *****s and drink. The new owner is spending £150,000 on restoring that place, which is so unfair. It was beautiful before Carroll got his hands on it!True but they got it at a bargain price which took that into account. They're going to make an enormous profit doing that property up.

Say what you like but I bet he had fun in those 8 years while it lasted, it's not up to us to say who should win the Lotto or how they should spend it. I'm still a little puzzled as to how he spent it all though.

FlyingJesus
10-08-2010, 04:24 PM
tbh if I got £9.7m I wouldn't be alive 8 years later so good on him

Frodo13.
15-08-2010, 11:37 AM
If I had that much money, I'd buy a house and a new car, and then probably just live off the interest. I'm suprised it lasted this long for him though.

Special
15-08-2010, 11:47 AM
how can you spend that much money so fast? he must have spent thousands each day because along with 10 million also comes massive ammounts of interest on it too

Describe
16-08-2010, 04:23 PM
how can you spend that much money so fast? he must have spent thousands each day because along with 10 million also comes massive ammounts of interest on it too
He bought four houses, a villa in Spain, two Mercedes-Benz and a few quad bikes. He supported Rangers FC and invested around about a million pound into the Rangers Financial Management.

Oleh
17-08-2010, 07:20 PM
Wasnt he a bit chunkier when he won?

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