Mike Ashley’s Even Stopping Me Shop At Tesco Now…
There really is no escape from Mike Ashley. It seems to become more difficult by the day to avoid giving him ever more money.
I chose to renew my season ticket and keep going this season against my better judgement, no way really round that one of giving him money, unless I accepted I couldn’t go to watch the football any more.
On top of that I never set foot in Sports Direct or buy any of his brands.
I even stopped the wife going into Debenhams once I found out he’d got involved there as well.
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Now I find that our glorious owner has prevented us using our regular supermarket, with Mike Ashley taking out a ‘put’ option which could see Sports Direct owning 23 million shares in Tesco.
The supermarket giant has lost 15% of its share value since Monday, when it revealed that there was a £250m ‘black hole’ in its profits.
Mr.Ashley can obviously smell blood/a bargain and so has made what amounts to a £43m bet on where Tesco’s share price goes to next.
As a kid I remembered watching those old westerns/cowboy films where you had towns named after the local big cheese, with every business bearing his name.
I feel like there is no escape from Ashley and the walls are closing in.
He becomes ever richer and more powerful, potentially into the most powerful/richest person in the UK.
Ironically, with every step he takes forward in terms of his business empire overall, my hopes for our small corner of it, Newcastle United, head in the other direction despite having such an influential & wealthy person owning our club. Bizarrely, Mike Ashley seeing the benefits he can get out of Newcastle only extending to free advertising for the rest of his empire and surviving in the Premier League to pocket the extra TV money.
Watch out for that 60m giant advertising screen going up in the Leazes End at St.James’ Park, which is due to be unveiled at our next [intlink id=”191″ type=”page”]home match against Leicester on Saturday 18 October[/intlink].
‘Every Little Helps’ as they say.
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