Scottish Mag 3 Posted July 16, 2009 Share Posted July 16, 2009 Sports Direct has announced a 91% drop in full-year profits despite increased sales, after the weak pound and investment losses took their toll. The company - controlled by Newcastle United owner Mike Ashley - made a profit of £10.7m in the year to 26 April, against £118.9m a year earlier. Total revenues rose 9% to £1.37bn, with revenues in the UK topping £1bn. Sports Direct said it would not be paying a final dividend in order to concentrate on cutting its £430m debts. "The second half of the year remained challenging, but we are pleased with these solid full year results that reflect the resilience and relevance of our flexible business model, focused on the core principles of retailing," said chief executive Dave Forsey. During the year, the company opened 27 new stores in the UK. The company owns the Sports World chain of stores, as well as brands including Slazenger, Lonsdale and Dunlop. Link to comment Share on other sites More sharing options...
DubiousBobcat 0 Posted July 16, 2009 Share Posted July 16, 2009 I was in Hull yesterday and found myself in a sports shop looking at great deals on trainers. i was just about to buy a pair of Nike's until I realized I was in a Sports Direct and I made a quick exit muttering "Fuck You Ashley" under my breath on the way out. I think my company are rubbing salt into the wound with me, sending me to Newcastle one day, then Hull the next! This is my first post so its good to be a part of the best Newcastle forum. I do however live in Bournemouth but my heart will always black and white (or yellow and orange!) Cheers Rich Link to comment Share on other sites More sharing options...
Park Life 71 Posted July 16, 2009 Share Posted July 16, 2009 I keep saying he's running out of money but nobody believes me. Link to comment Share on other sites More sharing options...
wykikitoon 16999 Posted July 16, 2009 Share Posted July 16, 2009 If he ends up selling the Big Issue I wouldnt piss on the fucker if someone set fire to him! Link to comment Share on other sites More sharing options...
sammynb 2933 Posted July 16, 2009 Share Posted July 16, 2009 I truly hope that the man gets to the point of being so broke he becomes desperate and does something illegal, only to then be caught, locked up and butt fucked by bubba and his mates to the point where Ashley is scared to sit on a stool for fear of it slipping in.. . The man is deserves nothing but pain, abuse and loss. Link to comment Share on other sites More sharing options...
Asprilla 96 Posted July 16, 2009 Share Posted July 16, 2009 I hope he ends up on the dole, hanging around Argos in Eldon Square looking longingly at their jewellery. Link to comment Share on other sites More sharing options...
ewerk 26770 Posted July 16, 2009 Share Posted July 16, 2009 This is what happens when thick cunts become billionaires, they get too cocky and think everything they touch will turn to gold only to find out that they're not infallible and soon lose a large share of their wealth. Link to comment Share on other sites More sharing options...
wykikitoon 16999 Posted July 16, 2009 Share Posted July 16, 2009 Just herad on Radio 5 Live, if Lee Westwood wins the Open Ashely has to pay him £1m bonus as he wears Dunlop GO WEESTWOOD GO! Link to comment Share on other sites More sharing options...
Asprilla 96 Posted July 16, 2009 Share Posted July 16, 2009 This is what happens when thick cunts become billionaires, they get too cocky and think everything they touch will turn to gold only to find out that they're not infallible and soon lose a large share of their wealth. Link to comment Share on other sites More sharing options...
Kid Dynamite 6068 Posted July 16, 2009 Share Posted July 16, 2009 This brought a smile to my face. Hel end up with a few million in the bank if hes not careful. After £2billion thats a canny drop Link to comment Share on other sites More sharing options...
Monkeys Fist 39140 Posted July 16, 2009 Share Posted July 16, 2009 This brought a smile to my face. Hel end up with a few million in the bank if hes not careful. After £2billion thats a canny drop I'll happily swap him ,like. Link to comment Share on other sites More sharing options...
sniffer 0 Posted July 16, 2009 Share Posted July 16, 2009 He's not the only one who has lost a lot of money. Hardly sets him up as being a thick cunt as he made it all in the first place. He's just a cunt. Cockney cunt. Link to comment Share on other sites More sharing options...
Guest alex Posted July 16, 2009 Share Posted July 16, 2009 The company owns the Sports World chain of stores, as well as brands including Slazenger, Lonsdale and Dunlop. A bit like the LVMH Group. Link to comment Share on other sites More sharing options...
TheMoog 0 Posted July 16, 2009 Share Posted July 16, 2009 It worries me that the more money he loses elsewhere the more he'll try and squeeze out of selling us... Link to comment Share on other sites More sharing options...
Tom 13906 Posted July 16, 2009 Share Posted July 16, 2009 By the time Ashley is finish playing the fool his divorced wife (with £50 million cash) will probably have more than him Link to comment Share on other sites More sharing options...
Matt 0 Posted July 16, 2009 Share Posted July 16, 2009 The company owns the Sports World chain of stores, as well as brands including Slazenger, Lonsdale and Dunlop. A bit like the LVMH Group. Just a bit more budget. Link to comment Share on other sites More sharing options...
JonGoodwyn 1 Posted July 16, 2009 Share Posted July 16, 2009 The 'boycourt' obviously worked Link to comment Share on other sites More sharing options...
Guest alex Posted July 17, 2009 Share Posted July 17, 2009 The company owns the Sports World chain of stores, as well as brands including Slazenger, Lonsdale and Dunlop. A bit like the LVMH Group. Just a bit more budget. Btw, Fish has a pair of Green Flash doesn't he? Link to comment Share on other sites More sharing options...
ender4 0 Posted July 20, 2009 Share Posted July 20, 2009 how the hell did Mike Ashley ever succeed in business? he must be the worst business-man in the world. i could have done better at Newcastle if i was blind, had no arms, and the brain of a 5-year old. Link to comment Share on other sites More sharing options...
Gemmill 35346 Posted July 20, 2009 Share Posted July 20, 2009 I hope he ends up fucking destitute and skinny. Link to comment Share on other sites More sharing options...
Fop 1 Posted July 20, 2009 Share Posted July 20, 2009 If he ends up selling the Big Issue I wouldnt piss on the fucker if someone set fire to him! Link to comment Share on other sites More sharing options...
Park Life 71 Posted July 20, 2009 Share Posted July 20, 2009 how the hell did Mike Ashley ever succeed in business? he must be the worst business-man in the world. i could have done better at Newcastle if i was blind, had no arms, and the brain of a 5-year old. It's the old barraboi mojo. He larged it and got away with it..... Link to comment Share on other sites More sharing options...
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