So just what to make of the management buyout at Elverys Sports, the troubled Irish sports retailer?
Certainly, judging by their social media reaction, the company’s 700 employees are cock-a-hoop at the rescue package.
The MBO was their option of choice from the moment the High Court appointed an examiner to the insolvent retailer.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team