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Ashley's Sports Direct bonus time


pinkeye
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Don't know if anyone has posted this yet but:

 

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8637138/Sports-Direct-profits-trigger-88m-bonus-windfall-for-staff.html

 

 

Sport Direct's 2,000 staff received a windfall on Thursday after the retailer hit its profits target for the second year in a row, triggering an £88m share bonus with an average payout worth nearly £44,000.

 

 

I will delete thread if there is a mention of this anywhere else on here!

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I bet some part time staff at Sports direct are getting a tad excited.

 

They'll be dissapointed when the big wigs will be getting the massive bonuses.

 

No diff than any other retailer.

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How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

 

If thats your opinion why dont you keep it to yourself.

 

I think that this thread is quite interesting given that it involves the Sponsor of St James Park, The guy who owns it also owns NU. If this thread showed that Sports Direct made a loss it wouldn't be so pointless would it?

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How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

 

If thats your opinion why dont you keep it to yourself.

 

I think that this thread is quite interesting given that it involves the Sponsor of St James Park, The guy who owns it also owns NU. If this thread showed that Sports Direct made a loss it wouldn't be so pointless would it?

 

If thats your opinion why dont you keep it to yourself.

 

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How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

 

If thats your opinion why dont you keep it to yourself.

 

I think that this thread is quite interesting given that it involves the Sponsor of St James Park, The guy who owns it also owns NU. If this thread showed that Sports Direct made a loss it wouldn't be so pointless would it?

 

The problem is that there are some people who will use this purely as a stick to beat MA with - i.e. that money could have been used for transfers etc, completely dis-regarding the fact that it is for a separate business and the money being used for these bonus payments belongs to SD and not MA.

 

Anyway, fair play to the fat lad and his corporate crew for this - there's many a retailer who won't have this sort of incentive scheme for its staff, and lets be fair it must be hell on earther working in one of those shops for any decent period of time

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Guest johnson293

How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

 

If thats your opinion why dont you keep it to yourself.

 

I think that this thread is quite interesting given that it involves the Sponsor of St James Park, The guy who owns it also owns NU. If this thread showed that Sports Direct made a loss it wouldn't be so pointless would it?

 

The problem is that there are some people who will use this purely as a stick to beat MA with - i.e. that money could have been used for transfers etc, completely dis-regarding the fact that it is for a separate business and the money being used for these bonus payments belongs to SD and not MA.

 

Anyway, fair play to the fat lad and his corporate crew for this - there's many a retailer who won't have this sort of incentive scheme for its staff, and lets be fair it must be hell on earther working in one of those shops for any decent period of time

 

Nail on head.

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How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

Apart from all of the free advertising all around the ground.
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How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

Apart from all of the free advertising all around the ground.

So, does this news mean that Ashley will spend more or less on NUFC?

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Guest ObiChrisKenobi

What's wrong with a businessman rewarding success and giving those who have made him a profit, and little bit back in return? WHAT A MONSTER! Like it or not, Mike Ashley 'looks after' those who do a good job for him, saw that at the Sports Direct Day at SJP. Imagine being a store manager for him, and getting an invite to come to SJP, all expenses paid, and enjoy yourself for the whole day and night on behalf of your boss. Playing a match, playing alongside some former NUFC greats.

 

How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

Apart from all of the free advertising all around the ground.

 

How do you know its free?

 

Total speculation here, but who's to say that the sponsorship deal won't be worth 'x amount' a year when Financial Fair Play comes into effect, to counter any loses? "Oh, we made a £20m lose? OH well, that's how much I paid for sponsorship this season..." "Oh, we made a £15m lose this year? Yeah, that was the Sponsorship total."

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What's wrong with a businessman rewarding success and giving those who have made him a profit, and little bit back in return? WHAT A MONSTER! Like it or not, Mike Ashley 'looks after' those who do a good job for him, saw that at the Sports Direct Day at SJP. Imagine being a store manager for him, and getting an invite to come to SJP, all expenses paid, and enjoy yourself for the whole day and night on behalf of your boss. Playing a match, playing alongside some former NUFC greats.

 

How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

Apart from all of the free advertising all around the ground.

 

How do you know its free?

 

Total speculation here, but who's to say that the sponsorship deal won't be worth 'x amount' a year when Financial Fair Play comes into effect, to counter any loses? "Oh, we made a £20m lose? OH well, that's how much I paid for sponsorship this season..." "Oh, we made a £15m lose this year? Yeah, that was the Sponsorship total."

 

The first point here is interesting, and I've had second hand accounts of how Ashley rewards those loayl to him and who do a good job for him (one acount was for a receptionist who was on a SD night out in a casino. MA placed a £1000 bet on the roulette for her with the promise of any winnings going straight to her - lets just say she had a sore head that night).

 

Conversely however, MA is ruthless with those who are not these things. And guess how he must feel about us fans? He's protecting his asset alright now, but would you spend millions of your own money on a crowd who have threatened your family?

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Guest neesy111

What's wrong with a businessman rewarding success and giving those who have made him a profit, and little bit back in return? WHAT A MONSTER! Like it or not, Mike Ashley 'looks after' those who do a good job for him, saw that at the Sports Direct Day at SJP. Imagine being a store manager for him, and getting an invite to come to SJP, all expenses paid, and enjoy yourself for the whole day and night on behalf of your boss. Playing a match, playing alongside some former NUFC greats.

 

How Sports Direct does is in no way associated with NUFC finances, don't see the point in this thread at all.

Apart from all of the free advertising all around the ground.

 

How do you know its free?

 

Total speculation here, but who's to say that the sponsorship deal won't be worth 'x amount' a year when Financial Fair Play comes into effect, to counter any loses? "Oh, we made a £20m lose? OH well, that's how much I paid for sponsorship this season..." "Oh, we made a £15m lose this year? Yeah, that was the Sponsorship total."

 

The first point here is interesting, and I've had second hand accounts of how Ashley rewards those loayl to him and who do a good job for him (one acount was for a receptionist who was on a SD night out in a casino. MA placed a £1000 bet on the roulette for her with the promise of any winnings going straight to her - lets just say she had a sore head that night).

 

Conversely however, MA is ruthless with those who are not these things. And guess how he must feel about us fans? He's protecting his asset alright now, but would you spend millions of your own money on a crowd who have threatened your family?

 

Those fans who did should have been contacted by the police about it.  Unacceptable behavior.

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The club will never disclose how much Sports Direct contributes in advertising.

 

My gut feeling is that that Sports Direct do not pay for their hideous advertising, shamelessly plastered all over our stadium.

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What I would like to know is Does the Merchandise int he club shops get bought directly from supplier (Puma/adidas etc) OR does it get bought through Sports Direct?

 

AFAIK it is bought direct from the supplier.

 

There's weird and wonderful tax legislation that would make it hard to make any benefit from pushing it through SD

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