Sports Direct

Multi billionare Mike Ashley flashing millions about trying to save Debenhams from disaster last week decided to shut the Wigan depot down on the sly not even an mention in papers till yesterday the fat pig 350 to 400 job losses for the good folk who worked their including my Mrs who has been there 5 years on an zero hours contract

A sad day for Wigan. and your Mrs les

https://www.manchestereveningnews.co.uk/news/greater-manchester-news/sports-direct-set-close-wigan-16133309

her mate been there for 12 years on zero hour contract will get two weeks pay bloody stinks

Article from 2016

Mike Ashley running Sports Direct like 'Victorian workhouse'

Does he own the workhouse or is he renting it, because although there is a lot of doom and gloom and Wigan Town Centre is crap, in comparison to a few years ago during the recession, most industrial premisses in the Wigan area now seem to be occupied, the old GUS building, wasn't empty for long

according to the link

"The closure is understood to be linked to a lease expiry"

he could renew the lease if he wanted to, I know people who have worked there for years, have mortgages etc, seems because he is losing Debenhams Wigan has to suffer........

I agree.

Mike Ashley hasn't got the clout to shut-down any Debenhams stores.  He only ever held a 30% share and, according to reports, his offers weren't nearly  high enough.  It says he's lost all his shares plus a £150 million cash injection.  It's debts were over £600 million, and rising.

If you ask me, it needs shutting a.s.a.p.! (Debenhams that is, not Sports Direct!)

It does sell exceedingly big cups!

tonker wrote:Mike Ashley hasn't got the clout to shut-down any Debenhams stores.  He only ever held a 30% share and, according to reports, his offers weren't nearly  high enough.  It says he's lost all his shares plus a £150 million cash injection.  It's debts were over £600 million, and rising.

If you ask me, it needs shutting a.s.a.p.!  (Debenhams that is, not Sports Direct!)

I didnt say he did have the clout. The observation is, he is reported to be losing his shares and investments to the lenders, and therefore has chucked his dummy out with regard to Wigan...