Yeah. Lender was charging approx 13% and now heâll prob get control of the business too. The UK operation seems to be profitable- that might be the real prize. McGarry will get squeezed anyway
Examinership is an expensive process and only works if you have someone willing to invest to save business. They must see some value in it, at least more than walking away completely
This whole MM scenario reminds me of the internet money concept in south park. Theoretical dollars. Waiting for McGarry to do a what what in the butt song to regain his losses.
I remember in the early days of Joe or possibly pre Joe in his previous company which the âflaâ was involved in as well , someone made a short film using their offices . Himself and the âflaâ were in it as extras. McGarry kept going on about âmy BMWâ. David Brent by accident