HMV goes into administration for the second time in 6 years

[daventry cat]

All HMV's trade from leased premises.

He'll ask to pay a peppercorn rent or threaten to leave the landlord with a vacant property

Yup he'll pick it up for less than the stockholding,fuck off all the creditors and make the landlords a take it or leave it offer. Worst case he clears all the stock for a profit and closes most of them

 

[MackemBob]

Yep. He's seemingly the only one putting his money into the High Street. He's either very stupid or astute.

Greedy when others are fearful, fearful when others are greedy. Seems to have learnt that investing lesson.

 

[EcosseMackem]

Bump

HMV was a place for open-minded obsessives - why The Guardian are so wrong about the music giant - Getintothis

Excellent article mate

 

[Travis]

There won’t be a high street shop left without Mags protesting outside it at this rate.

 

[EDGE]

What would you prefer, nee job or fat mike keeping you in a job?
No one else seems to be coming forward, unless that other fat fucker phil green fancies a bit of a comeback

True. All billionaires are twats.....and fat! In fact Fat Twats.

 

[Paddy O'Dors]

What would you prefer, nee job or fat mike keeping you in a job?
No one else seems to be coming forward, unless that other fat fucker phil green fancies a bit of a comeback

Luckily I have the option of nee job and I'd plump for that thanks.

 

[Boz33]

Luckily I have the option of nee job and I'd plump for that thanks.

I'd imagine the poor fuckers on min wage at hmv haven't that luxury, so fat mike is the only option for them unless they find another job, most likely on a shrinking high street

 

[The Red Telephone]

There won’t be a high street shop left without Mags protesting outside it at this rate.

The Mags are that thick they probably have been shop shouting outside HMV in Eldon Square for months thinking the premises was still Sports Direct.

 

[Paddy O'Dors]

I'd imagine the poor fuckers on min wage at hmv haven't that luxury, so fat mike is the only option for them unless they find another job, most likely on a shrinking high street

They'll soon be on zero hour contracts too if Fat Mike takes over. No matter what your circumstances, you're not a serf.

 

[Clink1]

It’s just a big coincidence that this happened after the Brexit vote then? Same with all the other disappearing shops.

Bollocks


The Indiana Jones trilogy and the back to the future trilogy aren’t on Netflix or amazon

Result for 'Indiana Jones Trilogy' Movies - List Movies Of Indiana Jones Trilogy
Result for 'Back To The Future Trilogy' Movies - List Movies Of Back To The Future Trilogy

 

[Patch]

Cue a load of Lonsdale, Donnay and Slazenger clobber on sale in HMV.

 

[sima-hebburn]

All HMV's trade from leased premises.

He'll ask to pay a peppercorn rent or threaten to leave the landlord with a vacant property

Ashley demands rent holiday to secure HMV rescue deal

 

[pavarotti1980]

Ashley demands rent holiday to secure HMV rescue deal

Well its another kick in the rent balls for Intu with most centres containing Debenhams, Game, HMV and Sports Direct

he knows they have relented once for HoF so will try this ploy again for HMV, then most likely merge HMV and Game in one unit to cut costs.

The bloke is far from daft no matter how he comes across in the media

 

[Paddy O'Dors]

Ashley demands rent holiday to secure HMV rescue deal

Effects us all, a lot of those of us who have investments such as pensions etc have a stake in many commercial property owners.

 

[pavarotti1980]

Effects us all, a lot of those of us who have investments such as pensions etc have a stake in many commercial property owners.

Would it be more beneficial (as an investor in commercial property) to have a rent free period and stay open or not bother and close all stores?

 

[Paddy O'Dors]

Would it be more beneficial (as an investor in commercial property) to have a rent free period and stay open or not bother and close all stores?

Hobsons choice really. HMV will be gone anyway soon.

 

[pavarotti1980]

Hobsons choice really. HMV will be gone anyway soon.

seems an expensive gamble if he does get it to let it go to the wall quickly.

Merge with Game and reduce the high street footprint and associated costs would be sensible

 

[Hair Flick]

Well its another kick in the rent balls for Intu with most centres containing Debenhams, Game, HMV and Sports Direct

he knows they have relented once for HoF so will try this ploy again for HMV, then most likely merge HMV and Game in one unit to cut costs.

The bloke is far from daft no matter how he comes across in the media

He's never come across as daft. Ruthless, shrewd, a bit of a braggard, but never daft.

 

[pavarotti1980]

He's never come across as daft. Ruthless, shrewd, a bit of a braggard, but never daft.

have you not seen his select committee appearances

 

[Paddy O'Dors]

seems an expensive gamble if he does get it to let it go to the wall quickly.

Merge with Game and reduce the high street footprint and associated costs would be sensible

He'll refuse to pay any creditors so he's already quids in.