<
p>The FCA has recently fined High Street Banks Barclays and Deutsche Bank a combined total of just over £500 million for forex and LIBOR failings respectively.
If you were in charge of the public purse and you had the chance to spend over half a billion pounds what would you do with it?
Never fear, The Weekender has found five exciting options where you could spend £500 million.
1. Make the most expensive movie ever
In 2007 Pirates of the Caribbean: At World’s End allegedly became the most expensive movie ever with a production cost of $341 million.
So with £500 million to play with you could easily blow that figure out of the water.
Hire an all-star cast, as many explosives you can get your hands on with millions of special effects and then shout action.
Plus as you are financing the film why not give yourself the lead?
2. Buy your childhood sports team
Tired of supporting your team in the lower leagues and having to travel to glamorous away games in Accrington and Hartlepool?
Why not spend £500 million to send your club flying up the pyramid and swap a trip to Grimsby for a trip to Monaco?
Manchester City was playing the likes of Stockport County 15 years ago; this season they were playing Barcelona.
Also, and as with the movie idea, you are the owner so you can pick yourself for the team or even live out your football manager dreams and become the gaffer.
3. Start your own space mission
According to NASA the average cost to launch a Space Shuttle is $450 million per mission.
Therefore £500 million is easily enough to go where few have gone before and launch yourself into outer space.
You could visit the International Space Station and sample views only a handful of people have witnessed as you circle the Earth.
However you may want to make sure you have a few experts with you when you attempt this challenge…
4. Buy the ultimate private jet
$500 million buys you your own Airbus A380, the most spacious and comfortable airline currently in the skies. That’s £326.491 to you and me, leaving you with a comfortable amount to do it up nicely.
This whopping great airliner is usually used for those long haul flights from the UK to the Far East and offers luxury throughout.
But rather than share it with hundreds of other passengers, you can own it all to yourself and use it to go down the shops.
Think of all you the things you could get up to if you stripped out the 544 passenger jet and made it your own!
5. Build your dream castle
What better way to finish off this feature than with a property-related spend!
Bypass the lenders and paperwork and go straight into the development project of all development projects.
Hampton Court Palace was built for approximately £18 million so you have plenty of money to build your dream home complete with tennis courts, swimming pools and health spa.
All that stands in your way is planning permission… yep, no amount of money can bypass that headache!
FCA fines over forex and LIBOR failings totalled just over £500 million and we know just how to spend that money….
Leave a comment