EXHIBIT 23.2
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                         CONSENT OF INDEPENDENT AUDITORS

         We consent to the incorporation by reference in the Registration
Statement (Form S-8) pertaining to the 1993 Equity Participation Plan, 1997
Equity Participation Plan, 1998 Equity Participation Plan, and 2002 Equity
Participation Plan of Triarc Companies, Inc. of our report dated February 2,
2001, with respect to the consolidated financial statements of Encore Capital
Group, Inc. (formerly MCM Capital Group, Inc.) for the year ended December 31,
2000, included as Exhibit 99.1 in the Annual Report on Form 10-K of Triarc
Companies, Inc. for the fiscal year ended December 29, 2002, filed with the
Securities and Exchange Commission.

/s/ Ernst & Young LLP

Kansas City, Missouri
September 3, 2003