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Ash Cash Slashed

Ash Cash Slashed

As expected Mike Ashley's main earner, Sports Direct, has been totally butchered in the recession. Profits fell horrifically from £118.9m to £10.7m, meaning Ashley's persistence to sell Newcastle has been further heightened. With massive cash lays having been laid out on overseas expansion, we can't rely on his profits from Sports Direct to hold up the Newcastle side of his portfolio.



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Writer:Ross Molyneux
Date:Thursday July 16 2009
Time: 9:38PM

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Comments

0
I hope it all goes wrong for him, he doesnt deserve a penny...! cockney *****er
xpertweb.co.uk
16/07/2009 23:18:00
0
Hope he sells the club before he goes bust or we will have a 10 point reduction if we go in to administration.
sfosteruk
17/07/2009 12:43:00
0
He is in no hurry to sell, sale would have been done by now!
xpertweb.co.uk
17/07/2009 15:25:00
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