Guest The Little Waster Posted July 6, 2019 Share Posted July 6, 2019 Its as mental / good a theory as any Link to post Share on other sites More sharing options...
arnonel Posted July 6, 2019 Share Posted July 6, 2019 This whole thing is so mental. Something weird is going on Doesnt matter on which side of the argument you are on - its so easy to poke holes in the opposite view. Very weird Link to post Share on other sites More sharing options...
Sean Posted July 6, 2019 Share Posted July 6, 2019 Theory from Twitter. Sports Direct HQ sold to the Malaysian Provident Fund two days before this news broke, The Malaysian Provident Fund has funds linking them to the Abu Dhabi Commercial Bank, guess who has controlling stake in that bank? Sheikh Khaled. Call me sceptical this was all a favour to MA. First sentence is true, they did buy SD's HQ. Sheik Khaled (is it the right one?) does seem to be in control of that bank (which might have merged with others). That bank and the Malaysian Provident Fund have done deals in the past. That's all available info from a 2 minute search. Whether it's true that it's a favour to Mike Ashley, f*** knows. I wouldn't put it past the c*** though. I mean, it's not as if the false/misleading statements BZG have put out inspire confidence in them. Or that Midhat loon on whatsapp. The whole things just f***ing strange, as usual with Ashley. And it always ends in no sale. I've done a quick search and can't find anything linking Sheikh Khaled Bin Zayed Al Nahyan to that bank like. I doubt it's the right one, unless I'm missing something obvious You're probably right, I'm not long up after a few last night. It's a crazy theory, but the way this saga has gone I wouldn't rule anything out. Link to post Share on other sites More sharing options...
Facundo Ferreyra Posted July 6, 2019 Share Posted July 6, 2019 [url=https://twitter.com/BootGeordie/status/1147462004334108672?s=19]https://twitter.com/BootGeordie/status/1147462004334108672?s=19 Christ this bloke is cringeworthy. Link to post Share on other sites More sharing options...
Fitzgerald Posted July 6, 2019 Share Posted July 6, 2019 Don't let godzilla[/member] see that for god sake he's still expecting new owners Link to post Share on other sites More sharing options...
Fitzgerald Posted July 6, 2019 Share Posted July 6, 2019 Flight scanners :lol: Link to post Share on other sites More sharing options...
Facundo Ferreyra Posted July 6, 2019 Share Posted July 6, 2019 Theory from Twitter. Sports Direct HQ sold to the Malaysian Provident Fund two days before this news broke, The Malaysian Provident Fund has funds linking them to the Abu Dhabi Commercial Bank, guess who has controlling stake in that bank? Sheikh Khaled. Call me sceptical this was all a favour to MA. First sentence is true, they did buy SD's HQ. Sheik Khaled (is it the right one?) does seem to be in control of that bank (which might have merged with others). That bank and the Malaysian Provident Fund have done deals in the past. That's all available info from a 2 minute search. Whether it's true that it's a favour to Mike Ashley, f*** knows. I wouldn't put it past the c*** though. I mean, it's not as if the false/misleading statements BZG have put out inspire confidence in them. Or that Midhat loon on whatsapp. The whole things just f***ing strange, as usual with Ashley. And it always ends in no sale. I've done a quick search and can't find anything linking Sheikh Khaled Bin Zayed Al Nahyan to that bank like. I doubt it's the right one, unless I'm missing something obvious You're probably right, I'm not long up after a few last night. It's a crazy theory, but the way this saga has gone I wouldn't rule anything out. :lol: Who the fuck knows at this point? Nothing would surprise me now. Sheikh Khaled and Midhat Kidwai could turn out to be Kevin Nolan and Lee Charnley in disguise and it wouldn't shock me. Link to post Share on other sites More sharing options...
deejeck Posted July 6, 2019 Share Posted July 6, 2019 Theory from Twitter. Sports Direct HQ sold to the Malaysian Provident Fund two days before this news broke, The Malaysian Provident Fund has funds linking them to the Abu Dhabi Commercial Bank, guess who has controlling stake in that bank? Sheikh Khaled. Call me sceptical this was all a favour to MA. That probably explains the private jet from Malaysia, although why did it spend a day in Newcastle before heading down to London? What is the fat bastard up to? Link to post Share on other sites More sharing options...
Sean Posted July 6, 2019 Share Posted July 6, 2019 Theory from Twitter. Sports Direct HQ sold to the Malaysian Provident Fund two days before this news broke, The Malaysian Provident Fund has funds linking them to the Abu Dhabi Commercial Bank, guess who has controlling stake in that bank? Sheikh Khaled. Call me sceptical this was all a favour to MA. First sentence is true, they did buy SD's HQ. Sheik Khaled (is it the right one?) does seem to be in control of that bank (which might have merged with others). That bank and the Malaysian Provident Fund have done deals in the past. That's all available info from a 2 minute search. Whether it's true that it's a favour to Mike Ashley, f*** knows. I wouldn't put it past the c*** though. I mean, it's not as if the false/misleading statements BZG have put out inspire confidence in them. Or that Midhat loon on whatsapp. The whole things just f***ing strange, as usual with Ashley. And it always ends in no sale. I've done a quick search and can't find anything linking Sheikh Khaled Bin Zayed Al Nahyan to that bank like. I doubt it's the right one, unless I'm missing something obvious You're probably right, I'm not long up after a few last night. It's a crazy theory, but the way this saga has gone I wouldn't rule anything out. :lol: Who the fuck knows at this point? Nothing would surprise me now. Sheikh Khaled and Midhat Kidwai could turn out to be Kevin Nolan and Lee Charnley in disguise and it wouldn't shock me. Link to post Share on other sites More sharing options...
Ketsbaia Posted July 6, 2019 Share Posted July 6, 2019 Journalists aren't exactly on the pulse here, they're simply middlemen in the Ashley mind games. Rather than the truth, they're just told what their source wants them to say to entice the next chess move. So the Chronicle have no idea. Link to post Share on other sites More sharing options...
Matt Posted July 6, 2019 Share Posted July 6, 2019 Abu Dhabi Commercial Bank is majority owned by the state, not by Khaled. That is some proper Infowars-grade theorising there. Link to post Share on other sites More sharing options...
LV Posted July 6, 2019 Share Posted July 6, 2019 Why would he sell Sports Direct HQ? Apart from liquidity in the short term, how does that benefit him in the long term? Surely he now has to pay rent for his HQ? Link to post Share on other sites More sharing options...
Sean Posted July 6, 2019 Share Posted July 6, 2019 Abu Dhabi Commercial Bank is majority owned by the state, not by Khaled. That is some proper Infowars-grade theorising there. It's majority owned by Khaled's relatives through the Abu Dhabi Investment Council. Link to post Share on other sites More sharing options...
ToonArmy1892 Posted July 6, 2019 Share Posted July 6, 2019 Any cunt made a statement yet? Link to post Share on other sites More sharing options...
Matt Posted July 6, 2019 Share Posted July 6, 2019 Why would he sell Sports Direct HQ? Apart from liquidity in the short term, how does that benefit him in the long term? Surely he now has to pay rent for his HQ? The high street acquisition spree has taken quite a toll on the net debt position and it was probably reaching a level that would have his bankers feeling a bit twitchy (especially after Debenhams went south). This helps keep that under control while not massively impacting the overall returns of the group. Link to post Share on other sites More sharing options...
Decky Posted July 6, 2019 Share Posted July 6, 2019 A statement is needed ASAP from someone to put this to bed. Link to post Share on other sites More sharing options...
gdm Posted July 6, 2019 Share Posted July 6, 2019 Lee Ryder is really struggling Link to post Share on other sites More sharing options...
sempuki Posted July 6, 2019 Share Posted July 6, 2019 A statement is needed ASAP from someone to put this to bed. I'm pretty sure we already know the outcome. Link to post Share on other sites More sharing options...
Decky Posted July 6, 2019 Share Posted July 6, 2019 A statement is needed ASAP from someone to put this to bed. I'm pretty sure we already know the outcome. Aye but there'll always be those with hope. This needs to be dead and buried officially. Link to post Share on other sites More sharing options...
Matt Posted July 6, 2019 Share Posted July 6, 2019 Abu Dhabi Commercial Bank is majority owned by the state, not by Khaled. That is some proper Infowars-grade theorising there. It's majority owned by Khaled's relatives through the Abu Dhabi Investment Council. So not him then. Plus, there's no clarification of what the 'link' is between this bank and the Malaysians. This fund is huge- it will be invested in all sorts of projects where financing is provided by banks all over the world. Link to post Share on other sites More sharing options...
Sean Posted July 6, 2019 Share Posted July 6, 2019 Abu Dhabi Commercial Bank is majority owned by the state, not by Khaled. That is some proper Infowars-grade theorising there. It's majority owned by Khaled's relatives through the Abu Dhabi Investment Council. So not him then. Plus, there's no clarification of what the 'link' is between this bank and the Malaysians. This fund is huge- it will be invested in all sorts of projects where financing is provided by banks all over the world. Nobody is saying this is fact, just that it's not beyond the realms of possibility. Info-wars shit is 'assuming' from their vague statement released nearly a month ago that they had signed a legally-binding sales and purchase agreement. Hows that theory going. Link to post Share on other sites More sharing options...
gdm Posted July 6, 2019 Share Posted July 6, 2019 Lee Ryder is really struggling Ryder literally says in his article they agreed a price this is what we are dealing with Link to post Share on other sites More sharing options...
Dokko Posted July 6, 2019 Share Posted July 6, 2019 Sorry but agreeing a price and making a bid are two different things. If that's where where we are what are bzg playing at. Link to post Share on other sites More sharing options...
Guest chopey Posted July 6, 2019 Share Posted July 6, 2019 Why would he sell Sports Direct HQ? Apart from liquidity in the short term, how does that benefit him in the long term? Surely he now has to pay rent for his HQ? The high street acquisition spree has taken quite a toll on the net debt position and it was probably reaching a level that would have his bankers feeling a bit twitchy (especially after Debenhams went south). This helps keep that under control while not massively impacting the overall returns of the group. When Ashley needs quick cash we will be sold, a few more hits like Debenhams will probably force him to sell in a few years but its what sort of shell will be left that worries me. Link to post Share on other sites More sharing options...
gdm Posted July 6, 2019 Share Posted July 6, 2019 Sorry but agreeing a price and making a bid are two different things. If that's where where we are what are bzg playing at. after all this and all we know you blame bzg? Link to post Share on other sites More sharing options...
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