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Mike Ashley (former owner) (still alive)


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Guest neesy111

Been told this is all done just waiting for the PL to sign it off, expected this week and announced after  :kasper:

 

You've said this before.

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This is a business for PIF / AS / etc as well, currency plays a massive part.

 

As per my previous reply, it's a huge swing within the USD to GBP, the swing since December to now makes the deal and MA needs cash flow, this is the only cash injection / cash flow of all MA assets right now that will give him that.

 

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Guest chopey

So we fucked about for 13 years trying to get rid of Ashley and all it took was a global pandemic costing billions and thousands of lives...........who knew.

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Guest neesy111

wonder if he smells some delicious disaster capitalism on the horizon for himself, +£300m in ready cash would buy a lot of shite alright

 

While true, because of the amount of retailers he owns he's massively exposed to economic downturn.

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wonder if he smells some delicious disaster capitalism on the horizon for himself, +£300m in ready cash would buy a lot of shite alright

 

Not really - he's spent the past 18 months overloading his company with debt and failed high street companies.  This couldn't have come at a worse time for him.

 

He will be involved in disaster capitalism sure, but he'll be the one the vultures will be ripping apart.

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