Peter Jones from Dragons' Den to buy Blacks?
With his inhuman gleaming Hollywood teeth, Dragons' Den star Peter Jones has joined the rabble bidding for beleaguered outdoor-retailer, Blacks Leisure.
It's at this point, we are legally required to make a "I'm in" joke.
Jones will be going up against sportschains JD Sports and Sports Direct. All of these wealthy ghouls are interested in Blacks' because they have 300 shops with 3,500+ staff as it undergoes a "pre-pack" administration. This process will see the company being put into formal insolvency before emerging brand new with new owners following a pre-arranged sale.
Alas, shares in Blacks are now absolutely worthless and were suspended on Friday morning. That said, the shops will continue to trade as normal while the sale goes through.
The company said it expects "to be in a position to announce a sale of substantially all of the trade, assets and brands of the group within the next few days".
Now we've got all that out of the way, let us admire how incredibly uncomfortable Peter Jones looks in the photo above.
TOPICS: High Street News