Here's a thought...6 Apr 2019 12:07
I expect an arrangement, which includes Mike Ashley/Micky Jagiatini, could be announced next week.
A JV could be out of the question, as Ashley will want overall control of the entity, however I imagine Jagiatini would be looking to recoup some of his losses incurred over the last decade.
Possibly a 75/25 ownership structure, with a buyout clause to enable SPD to buy the remaining 25 after a certain period of time.
We'll find out next week.
GLA