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Magic Mike's Millionaires!


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Sports Direct shop floor staff in line for bonuses worth up to £1m as new plan cleared

Almost all 30,000 Sports Direct and House of Fraser staff are now in line for bonuses - varying between 4 weeks' salary and £1million

https://www.mirror.co.uk/money/sports-direct-shop-floor-staff-22807843

 

But the payout will only be triggered if shares more than double within the next four years to at least £10 and for a sustained period. Shares in the group closed on Tuesday at 360.8p.

Frasers insisted the share price target was "realistic".

 

David Daly, chairman of Frasers Group, said: "This scheme strikes the right balance between rewarding as many of our people as possible whilst also potentially paying life-changing sums to those who make the most outstanding contributions.

"These are challenging times but we believe that a £10 share price is a realistic target as our elevation strategy continues to go from strength to strength."

 

Mr Daly (irony!)  a total shyster was on the radio, pitching this deal. Low end Ea/car salesman doesnt full convey how dodgy he sounds.

 

https://www.hl.co.uk/shares/shares-search-results/f/frasers-group-plc-ord-gbp0.10/financial-statements-and-reports

Not.A.Fucking.Chance.

 

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ah that is his exit strategy, every employee is now a pumper (pump'n'dump), while he queitly cashes out, then pays the staff bonus with debt and leaves, whilt someone else gets to hold the baby.

He just receuited every employee into the plan to do their bit in making it happen, c'mon everyone, over pay for your cheap tat sports clothes shares.

Edited by Odin
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