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Thread: Ashley could lose £20million

  1. #1
    Join Date
    Jan 2011
    Posts
    25,055

    Ashley could lose £20million

    Fatso owns about 29% of Studio Retail Group, which is about to go into administration. Apparently, he tried to take full control a few years ago but was voted down.

    It seems this time his money is at real risk unless he wants to push much more into a collapsing business to risk saving his investment.

    Terrible shame that.

  2. #2
    Join Date
    Oct 2018
    Posts
    1,404
    He has spent more in Greggs, over the last year.

  3. #3
    Join Date
    Jan 2011
    Posts
    25,055
    Quote Originally Posted by Scott Kirkland View Post
    He has spent more in Greggs, over the last year.
    You would think he would consider buying Greggs out. That sort of takeover would really appeal to him.

    He could take on the unpaid post of the head sampler.

  4. #4
    Join Date
    Dec 2006
    Posts
    15,690
    This kind of thing is an occupational hazard for someone who buys failing businesses for peanuts, waits and then sells on for a profit.

    Barrow boy on a millionaire scale.

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