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Various: Mike Ashley in talks with Sheikh Khaled bin Zayed Al Nehayan


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https://www.retailgazette.co.uk/blog/2018/10/sports-direct-fires-house-fraser-directors-senior-management/

 

Mike Ashley’s Sports Direct have announced a series of dismissals at House of Fraser’s senior and director level management.

 

Weeks after rescuing the 169 year old business from administration, Sports Direct revealed that it has dismissed “the former directors and senior management of House of Fraser”.

 

Sports Direct spent £90 million acquiring the struggling department store chain, with owner Ashley telling press at the time that he intends to turn it into the “Harrods of the high street”.

 

In a brief stock market statement on Monday night, Sports Direct said: “Following the collapse of House of Fraser on August 10 2018, and subsequent calls for an investigation into the circumstances of that collapse, the company today announces that we have dismissed the former directors and senior management of House of Fraser.”

 

Ashley’s repeated calls for an insolvency service probe into the cause of the collapse have been supported by the co-founder of Tea Terrace, a major supplier to House of Fraser.

 

Ehab Shouly told the Sunday Times that House of Fraser’s former chairman Frank Slevin and former chief executive Alex Williamson “kept vital information from us and kept telling us that news about the impending collapse was not true”.

 

Shouly alleges the House of Fraser bosses withheld vital information about the company in the lead up to its failure.

 

The dismissals come as Sports Direct continues talks with landlords over the country regarding severe cuts in rent for House of Fraser’s stores.

 

Those in Edinburgh, Hull and Swindon were unable to be saved, while Ashley has struck out at “greedy” property landlords who refused new terms for the retailer.

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Wow, so we could have possibly been bought by the current owners of Man City if Mike Ashley and chums hadn't gotten into a drunken brawl.

I don't think that was the deal.

This was after Keegan left and they had gone to Dubai to try and sell the club but it wasn't the the City owners.

I remember at the time my mates father in law was good firends with Derek Lambiases secretary and she had rang him to say we had been sold to investors from Dubai. They just had to go over and meet them and the paperwork would have been signed but apparently Ashley and his cronies had pissed them off and this legal dispute might be the reason. They dont like people that cause bother in Dubai they are very strict.

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So basically if the Fat Cunt hadn't got shit faced with his mates and cause bother we could have been owned by Dubai owners?

But one other way of looking at it is that it could have been this bloke that bought us as I'm sure it wasn't long after this happened he bought Portsmouth.

https://www.telegraph.co.uk/sport/football/teams/portsmouth/6093886/Portsmouth-takeover-completed-by-Sulaiman-Al-Fahim.html

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I didn't know where else to put this...

 

Bit of a background story here, I've been following the club since 95'. Here in Iceland there arent exactly many Newcastle supporters, most people follow either Liverpool or Man Utd,

But it felt good being different, and having people genuinely surprised that you supported a club that wasn't really considered one of the "top" clubs.

 

I've been to Newcastle matches in person, spent money on shirts etc. I'm 32 now and I've watched pretty much every game that was broadcasted on tv or on the internet, even listened to radio broadcasts of pre season games...

I guess what I'm trying to say here is that I'm fairly invested in this.

This season however I've not watched a single game.

 

Mike Ashley has sucked out the passion I have for this football club, going through season after season with no real ambition. I don't think i could imagine a worse owner.

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Guest reefatoon

Come on Kenyon you dick, get more stories out man. Staveley had one out every day to whip up the frenzy. These shit takeover lies are all that keep us going.

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Guest NobbyOhNobby

I didn't know where else to put this...

 

Bit of a background story here, I've been following the club since 95'. Here in Iceland there arent exactly many Newcastle supporters, most people follow either Liverpool or Man Utd,

But it felt good being different, and having people genuinely surprised that you supported a club that wasn't really considered one of the "top" clubs.

 

I've been to Newcastle matches in person, spent money on shirts etc. I'm 32 now and I've watched pretty much every game that was broadcasted on tv or on the internet, even listened to radio broadcasts of pre season games...

I guess what I'm trying to say here is that I'm fairly invested in this.

This season however I've not watched a single game.

 

Mike Ashley has sucked out the passion I have for this football club, going through season after season with no real ambition. I don't think i could imagine a worse owner.

Welcome, and you're feeling the same as an awful lot of people if that makes you feel any better.

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