Logical outcome27 Mar 2019 07:22
He already owned circa 40 percent Debenhams. For Debenhams to go into administration means Sports Direct shareholders lose their 40 percent investment just like all shareholders
This way he saves his investment, gets the rest of Debenhams at a discount to what he already paid, and valuable assets to his empire.
Good result .. sorry for those who stuck head in sand and hold from the highs.
Good luck all