FEL used to develop, own and lease retail infrastructure for Future Group. It also held the group s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain, and logistics. Lenders are hoping for better valuations for the company because of the stakes it holds in the growing insurance ventures.
FEL used to develop, own and lease retail infrastructure for Future Group. It also held the group s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain, and logistics. Lenders are hoping for better valuations for the company because of the stakes it holds in the growing insurance ventures.
lot of fans are disappointed, essentially at the rfu not being satisfied with the business plan they have provided and they are not convinced that the financial viability is there behind the bid and as a result they have rejected the bid for the club to play in the championship from next season. they say they stand by the set of conditions that they imposed and said they had to make sure that the future of the club was secure and risk of future insolvency was minimised. they ve not had that satisfaction, so what next? jim o toole and his consortium said yesterday they might ahead with a beard but not have elite rugby at sixways but the rfu are urging the administrators not to sell to a beard where they would not be elite rugby and they say they will explore the possibility of alternative bids. laura, thank you for that.