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NEWCASTLE United owner Mike Ashley is handing £100 million-worth of shares to high street staff this summer.

 

Some 2,000 workers at the his SPORTS DIRECT empire will get more than £50,000 EACH given the surge in the chain’s share price.

 

The staff were promised the shares in 2011 after the group smashed profit targets. At the time the award would have been £30,000 given Sports Direct was trading at around 250p.

 

Yesterday they closed at 452.85p - TEN TIMES their value in late 2008.

 

 

Sports Direct confirmed the bumper bonus yesterday alongside figures showing sales have soared 14 per cent in the nine weeks to March 31.

 

Profits in 2012-2013 are almost certain to top £270 million.

 

Philip Dorgan, analyst at PANMURE GORDON, said: “Put simply, Sports Direct haven’t got any competition now that JJB has gone.”

 

The share price rise means Mike Ashley’s own 64 per cent stake in the business he founded in 1982 is now worth £1.7 billion.

 

The update came as the CBI said 37 per cent of retailers saw sales fall in April — against 36 per cent recording a rise. Almost half said takings were below average for the time of year.

 

 

Read more: http://www.thesun.co.uk/sol/homepage/news/money/4901813/100m-shares-windfall-for-Sports-Direct-staff-some-of-whom-will-pocket-50k-each.html#ixzz2RTrlpcTo

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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

Cheap players? yes but very good players and not paying over the odds means we have a future financially to keep us going. This is his marker now, he needs to have the balls to sack Pardew (his mate) and bring in someone decent.
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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

 

:clap:

 

For being pathetic man, no one knows where they've got you on here. One day you're praising someone the next you're criticizing...Get a grip Ronny boy, you post some good stuff at times.

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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

Cheap players? yes but very good players and not paying over the odds means we have a future financially to keep us going. This is his marker now, he needs to have the balls to sack Pardew (his mate) and bring in someone decent.

 

Very good my arse. We've got 3 very good players at absolute most.

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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

Cheap players? yes but very good players and not paying over the odds means we have a future financially to keep us going. This is his marker now, he needs to have the balls to sack Pardew (his mate) and bring in someone decent.

 

Yeah. Whether or not Pardew is sacked now is more a test of his competence than his ambition.

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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

 

:clap:

 

For being pathetic man, no one knows where they've got you on here. One day you're praising someone the next you're criticizing...Get a grip Ronny boy, you post some good stuff at times.

 

You what? When the fuck have I praised Mike Ashley?

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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

Cheap players? yes but very good players and not paying over the odds means we have a future financially to keep us going. This is his marker now, he needs to have the balls to sack Pardew (his mate) and bring in someone decent.

 

Very good my arse. We've got 3 very good players at absolute most.

Have you seen these players play? I have and last year they too apart pretty much everyone who they came across, we saw glimpses of it against Chelsea. We have a very good squad mate, we just have a shit manager.
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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

 

:clap:

 

For being pathetic man, no one knows where they've got you on here. One day you're praising someone the next you're criticizing...Get a grip Ronny boy, you post some good stuff at times.

 

You what? When the f*** have I praised Mike Ashley?

 

Wasn't talking about Pardew, although I know it was in this thread. I was more pointing out to your lash at cheap players and so on.

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Ultimately his fault we're in this mess. Cheap players, cheap staff, cheap everything.

Cheap players? yes but very good players and not paying over the odds means we have a future financially to keep us going. This is his marker now, he needs to have the balls to sack Pardew (his mate) and bring in someone decent.

 

Very good my arse. We've got 3 very good players at absolute most.

Have you seen these players play? I have and last year they too apart pretty much everyone who they came across, we saw glimpses of it against Chelsea. We have a very good squad mate, we just have a s*** manager.

 

I think we should be mid table. We are very short up front and in defence: still too small a squad.

 

Then we have Pardew: defends in the games when get 1 up and  have a chance of winning. Hopeless.

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