- Jun 4, 2017
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BBC News - Debenhams falls into hands of lenders
Debenhams is on the brink of administration after it rejected a new offer from Sports Direct, made in the early hours of Tuesday, to pump £200m into the department store.If Debenhams does use a pre-pack administration, Mr Ashley's near 30% stake in the company, which cost about £150m to build up, would be wiped out.
Transfer pot looking bleak for Benitez next window. I can't see him staying there after this season.I think it's only the fans that have kept him there for this one to be honest. Shame Ashley didn't back him more financially.
Debenhams is on the brink of administration after it rejected a new offer from Sports Direct, made in the early hours of Tuesday, to pump £200m into the department store.If Debenhams does use a pre-pack administration, Mr Ashley's near 30% stake in the company, which cost about £150m to build up, would be wiped out.
Transfer pot looking bleak for Benitez next window. I can't see him staying there after this season.I think it's only the fans that have kept him there for this one to be honest. Shame Ashley didn't back him more financially.
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