Love this29 Mar 2019 12:17
One is that Sports Direct, or another major shareholder with more than a quarter of the company's shares, makes a firm offer for the retailer, including refinancing Debenhams debt, the department store said.
Alternatively, Sports Direct could drop its attempt to oust all but one of the Debenhams board, and either agree to underwrite a rights issue or provide funding on terms agreed by Debenhams' lenders.
If neither of these happen, Debenhams said the remaining funds would be made available only when the company's lenders take over the business, but added this "would very likely result in no equity value for the company's current shareholders".
So many opportunitys now and the door is wide open for Ashley.. he can lend money or buy