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56 minutes ago, Tomatasauce said:

Nobody thinks king and co will sell to Ashley, they don’t have to for him to buy shares, they are not the only shareholders.

this is what Ashley does everywhere he goes. (from today’s paper.)

Mike Ashley forces chairman of Debenhams to resign as retailer reveals declining sales

The former Rangers shareholder forced the firm's chairman to resign and ousted the CEO from the board.

Mike Ashley has forced the chairman of Debenhams to resign and the retailer's chief executive to step down from the board as the Sports Direct tycoon flexed his muscles at the firm's annual meeting.

The news comes hours after the struggling department store unveiled declining sales over Christmas, but said it was still on track to deliver on profit expectations.

Sir Ian Cheshire was ousted from the board after former Rangers shareholder Ashley's Sports Direct and Dubai-based Landmark Group, which collectively hold about 38% of Debenhams's shares, voted against his re-election to the board.

Sports Direct's stake alone in Debenhams is just under 30%.

Sergio Bucher is to stay on as chief executive, reporting to the board and will to continue to execute the company's plan to re-shape the business.

The company said it is in the "best interests of Debenhams plc that the executive team remains fully focused on delivery of the plan".

It said that the company is "open to constructive suggestions from shareholders that are in the interests of the business" and it is "committed to delivering the appropriate capital structure to ensure a sustainable and profitable future for all stakeholders".

It’s a tarrier rumour mate,  they know he’s a horrible cunt and would love him to take control.

I doubt KingCo would just be brushed aside for Ashley to take control, sounds like an ill Phil wet dream🤣

 

 

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16 minutes ago, Tiger Shaw said:

It’s a tarrier rumour mate,  they know he’s a horrible cunt and would love him to take control.

I doubt KingCo would just be brushed aside for Ashley to take control, sound like an ill Phil wet dream🤣

 

 

When you have the money Ashley has you can do anything you want mate, literally!

i don’t think it will happen, the fact it’s even a possibility it could happen if he wanted it to is scary

im not sure if the easdales still have shares or what their % is but it would only take Ashley to buy their shares at a generous price to them an he’d get his feet in the door

anyway as a said it’s a scary thought, but I think fat mike has bigger fish to fry than us, plus he likes making money not throwing it away

 

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