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Mike Ashley (former owner) (still alive)


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If he sold the club and all his shares in other businesses wouldn't he have close to a billion pound to retire on? I don't get going to all this hassle just to try and make a few quid more

 

It's like one of us winning 30m on the lottery then still going to work and trying to make a few grand here and there

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If he sold the club and all his shares in other businesses wouldn't he have close to a billion pound to retire on? I don't get going to all this hassle just to try and make a few quid more

 

It's like one of us winning 30m on the lottery then still going to work and trying to make a few grand here and there

 

Why do any rich business owners continue to work?

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If he sold the club and all his shares in other businesses wouldn't he have close to a billion pound to retire on? I don't get going to all this hassle just to try and make a few quid more

 

It's like one of us winning 30m on the lottery then still going to work and trying to make a few grand here and there

 

Why do any rich tea business owners continue to work?

 

fyp

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I think Mike Ashley is living 10-20 years ago in his head. Why on earth would you buy a game shop when the new generation of consoles are about to come out as mostly streaming boxes.

 

Sure the PS5 and Next Xbox will have a disc drive but that will be for Blu Ray movies and even that’s not the strongest market anymore.

 

If he’d put all that money he wasted on Debenhams, Game and HoF into Microsoft instead, he’d be on the pigs back right now.

 

Total fuckwit

 

he just seems to be in these deals for the stock no?  buy them for a fraction of the cost, lie about rejuvenating them and then flogging the stock off

 

He’s buying to sell shit that nobody wants any more. Well games are fine but why would you go to a shop when you can stay home and download a game in a few minutes.

 

MS shares are about 130/40 now, in dollars. They were about 100 just earlier this year. If he’d put 292 million (which is what he’s squandered on HoF, Debenhams and Game combined) into that, he’d have gotten close to 3 million shares. The quarterly dividend alone ($0.46 per share) would pocket him $1.5 million.. every couple of months if he left it there.

 

Or if he’d just bought the shares earlier in the year and sold them now he’d have pocketed $100m in profit.

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I think Mike Ashley is living 10-20 years ago in his head. Why on earth would you buy a game shop when the new generation of consoles are about to come out as mostly streaming boxes.

 

Sure the PS5 and Next Xbox will have a disc drive but that will be for Blu Ray movies and even that’s not the strongest market anymore.

 

If he’d put all that money he wasted on Debenhams, Game and HoF into Microsoft instead, he’d be on the pigs back right now.

 

Total fuckwit

 

Fwiw I think it's a good time to buy GAME, when they went into administration last time it was because of the gap in hardware sales, towards the end of the PS3/XB360 cycle the sales really dried up and it killed the industry. Streaming is still a relatively far way off, too many hick towns and underprivileged countries don't have the infrastructure to support streaming. Microsoft came out and said they won't be considering streaming services for the foreseeable future. Sony believe the PS5 will be the last console to support physical media though. I think once these new consoles land there will still be some legs in GAME but it's not a long term venture, it's days are numbered if they exist as they are today.

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I think Mike Ashley is living 10-20 years ago in his head. Why on earth would you buy a game shop when the new generation of consoles are about to come out as mostly streaming boxes.

 

Sure the PS5 and Next Xbox will have a disc drive but that will be for Blu Ray movies and even that’s not the strongest market anymore.

 

If he’d put all that money he wasted on Debenhams, Game and HoF into Microsoft instead, he’d be on the pigs back right now.

 

Total fuckwit

 

Fwiw I think it's a good time to buy GAME, when they went into administration last time it was because of the gap in hardware sales, towards the end of the PS3/XB360 cycle the sales really dried up and it killed the industry. Streaming is still a relatively far way off, too many hick towns and underprivileged countries don't have the infrastructure to support streaming. Microsoft came out and said they won't be considering streaming services for the foreseeable future. Sony believe the PS5 will be the last console to support physical media though. I think once these new consoles land there will still be some legs in GAME but it's not a long term venture, it's days are numbered if they exist as they are today.

 

I worked at game the last time it went under and aye, there was no HW to sell. It relly pushed the vita but it wasn't enough and by then Sony due to their financial position made a deal where the units the sold were actually Sony's and it was just commission on sales. They did this so if they went under again the property would be returned to Sony and not part of the admin package.

 

I can't see a place for it in 10 years time.

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Guest chopey

 

Its a shame we couldn't quite get it over the line, oh well, there's always the next transfer window.

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Guest chopey

He works for Talksport doesn't he? I mean it wouldn't fucking surprise me if the cunt has moved the goalposts but I doubt Gough has seen anything :lol:

 

TBF he is mates with a load of multi-millionaires that he goes golfing with.

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Guest godzilla

 

Its a shame we couldn't quite get it over the line, oh well, there's always the next transfer window.

 

So a fucking cricketer would have seen a private proof of funds email aye right

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Guest godzilla

He works for Talksport doesn't he? I mean it wouldn't f***ing surprise me if the c*** has moved the goalposts but I doubt Gough has seen anything :lol:

 

TBF he is mates with a load of multi-millionaires that he goes golfing with.

 

Bollocks man  :lol: :lol:

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