Zavvi online bust?

Doobdonk

£100 million owed to EUK by Zavvi. That's enough for them to have called in the financiers (Ernest and Young or whoever it was) and apparently they're prepared to take over as administrators if necessary. Have a search on thetimesonline, it also goes on about the £25million owed by Tesco and Sainsburys to EUK.

Ticking time bomb with 2500 jobs at stake.

Dustangle

TaBunny wrote: »

don't want to scare monger ...

so why do it?

Brian_Bullocks

Dustangle wrote: »

so why do it?

Because he or she wants to warn others not to lose their money:money:

Dustangle

Brian_Bullocks wrote: »

Because he or she wants to warn others not to lose their money

No - I think it's the delicious pleasure of rumour-mongering, gossiping, and generally passing on scandal. A chance for normally powerless people to imagine that they wield some power.

silkcutblue

Dustangle wrote: »

No - I think it's the delicious pleasure of rumour-mongering, gossiping, and generally passing on scandal. A chance for normally powerless people to imagine that they wield some power.

Lol.

Yes, it's just supplier issues. Takes a while to get new ones in place

spaceman5

Doobdonk wrote: »

£100 million owed to EUK by Zavvi. That's enough for them to have called in the financiers (Ernest and Young or whoever it was) and apparently they're prepared to take over as administrators if necessary. Have a search on thetimesonline, it also goes on about the £25million owed by Tesco and Sainsburys to EUK.

Ticking time bomb with 2500 jobs at stake.

:eek: no wonder woolies went into administration, £50 million owed by 2 of there customers, how can you do buisness and let 2 of your customers rack up a debt like that, and how come tescos have not paid them, it is not like they can`t afford it, mind you i have heard this before, many a time i have had reps in morrisons tell me that morrisons by far are the quickest to pay there suppliers what they are owed, and tescos being by far the slowest to pay up, :eek:, Dave