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UK biggest retailer in battle with Spiv

 

Tesco sues for refund on bicycles order

 

Britain's biggest retailer is taking legal action after mistakenly paying almost £1m for six bicycles which should have cost less than £1,000, sources said today.

 

Tesco is seeking restitution of the overpaid monies following the error by its finance team.

 

The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.

 

Universal, an Essex-based company majority-owned by Sports Direct, has paid back £863,000 but Tesco claims it is holding on to more than £121,000 in outstanding funds, sources said.

 

It has launched legal action at the High Court to recover the remaining money, legal costs and a further £1,783 - the sum the retailer claims it is owed in interest at 8 per cent a year.

 

The error was made on 13 August and Universal was asked to repay it 15 days later.

 

Universal then repaid some of the funds on 29 September, but £121,412 is outstanding, sources said.

 

It is understood a meeting will be held between the two parties in a bid to resolve the dispute out of court.

 

A Tesco spokesman declined to comment on the ongoing case.

 

http://www.independent.co.uk/news/business/news/tesco-sues-for-refund-on-bicycles-order-1827136.html

 

 

I wonder how the person who pressed the wrong buttons next one-to-one with their line manager went.

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Looks like the fat buffoon has been ripping more people off!

 

 

Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said. Skip related content

Related photos / videos Tesco in £1m cycles payment blunder Tesco is seeking restitution of the overpaid monies following the error by its finance team.

 

The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.

 

Universal, an Essex-based company majority-owned by Sports Direct, has paid back £863,000 but Tesco claims it is holding on to more than £121,000 in outstanding funds, sources said.

 

It has launched legal action at the High Court to recover the remaining money, legal costs and a further £1,783 - the sum the retailer claims it is owed in interest at 8% a year.

 

The error was made on August 13 and Universal was asked to repay it 15 days later. Universal then repaid some of the funds on September 29, but £121,412 is outstanding, sources said.

 

It is understood a meeting will be held between the two parties in a bid to resolve the dispute out of court.

 

 

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Looks like the fat buffoon has been ripping more people off!

 

 

Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said. Skip related content

Related photos / videos Tesco in £1m cycles payment blunder Tesco is seeking restitution of the overpaid monies following the error by its finance team.

 

The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.

 

Universal, an Essex-based company majority-owned by Sports Direct, has paid back £863,000 but Tesco claims it is holding on to more than £121,000 in outstanding funds, sources said.

 

It has launched legal action at the High Court to recover the remaining money, legal costs and a further £1,783 - the sum the retailer claims it is owed in interest at 8% a year.

 

The error was made on August 13 and Universal was asked to repay it 15 days later. Universal then repaid some of the funds on September 29, but £121,412 is outstanding, sources said.

 

It is understood a meeting will be held between the two parties in a bid to resolve the dispute out of court.

 

 

 

Yeah I do a client newsletter at work and included this story - it got the most clicks, easily.  Bizarre chain of events.

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Looks like the fat buffoon has been ripping more people off!

 

 

Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said. Skip related content

Related photos / videos Tesco in £1m cycles payment blunder Tesco is seeking restitution of the overpaid monies following the error by its finance team.

 

The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.

 

Universal, an Essex-based company majority-owned by Sports Direct, has paid back £863,000 but Tesco claims it is holding on to more than £121,000 in outstanding funds, sources said.

 

It has launched legal action at the High Court to recover the remaining money, legal costs and a further £1,783 - the sum the retailer claims it is owed in interest at 8% a year.

 

The error was made on August 13 and Universal was asked to repay it 15 days later. Universal then repaid some of the funds on September 29, but £121,412 is outstanding, sources said.

 

It is understood a meeting will be held between the two parties in a bid to resolve the dispute out of court.

 

 

 

Yeah I do a client newsletter at work and included this story - it got the most clicks, easily.  Bizarre chain of events.

 

I wonder if his reply was simply 'on yer bike'

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Should we have a thread every time a story comes out about someone getting a huge telephone or gas bill by mistake as well ?

Better still why don't we have an individual forum like the chat and travel ones, for Sports Direct and Ashley casino type stories so those who get off on him can indulge themselves and leave this one for football.

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Should we have a thread every time a story comes out about someone getting a huge telephone or gas bill by mistake as well ?

Better still why don't we have an individual forum like the chat and travel ones, for Sports Direct and Ashley casino type stories so those who get off on him can indulge themselves and leave this one for football.

 

Merged just for you. Miaow. :razz:

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The spiv has a new chairman at Sportdirect not sure if Llambias was in the running but he has plucked former copper & drug czar Keith Hellawell to run his company. Well when I say run it obvious Keith has been brought in to deal exclusively with fending off the SFO & OFT after his recent success of defending Goldshiled against the SFO. I think this is his best appoinment sicne he first come on my radar when bought in to NUFC.

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Just read that Robin Van Persie's injury has been reassessed, and it will be "4 to 5 months" out. Sometimes I think the Arsenal players are like reverse Wolverines. Every time they have an injury they never heal in the expected time.

 

Poor guy too, he was having a very good season.

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It is in meltdown on the other side. Seems SAFC influence there board with threads getting deleted & for some reason some posts are in white text to avoid the Mods :idiot2:

 

http://www.readytogo.net/smb/showthread.php?t=457007

 

**UPDATE**

Clicked randomly on page 51 of the above & they have moved on from black star strikers footballers mother insulted at Wigan to Enoch Powell & them rivers.

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http://www.newsoftheworld.co.uk/sport/football/ave_it/622073/AVE-IT-WHOS-TAKING-BRUCES-MISSUS-TO-DINNER.html

 

Amir's night on the Toon

 

KEVIN NOLAN and Steven Taylor will carry WBA light welterweight champion Amir Khan into the ring in Newcastle on Saturday.

 

Khan will defend his title against unbeaten Ukrainian Dmitriy Salita after Newcastle's Championship clash with Watford with the backing of a large quota of Toon players.

 

'Ave It hopes the move to win over black and white hearts goes better than Nigel Benn's. He was hospitalised in defeat to Sugar Boy Malinga in 1996. 

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