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+--- Thread: Norton go into administration (/showthread.php?tid=81433)
Re: Norton go into administration - ogri48 - 16-02-20
Fucks sake mate. could the mods not make the b word automatically delete the whole post please? pretty please?
Re: Norton go into administration - coffee - 16-02-20
I'll go along with that!
Re: Norton go into administration - unfazed - 16-02-20
And so say all of us. :eek
Re: Norton go into administration - YamFazFan - 16-02-20
I wondered how long it would be :z
Re: Norton go into administration - VNA - 16-02-20
Quote:Fucks sake mate. could the mods not make the b word automatically delete the whole post please? pretty please?What I’m saying is the Tory government poured cash into this ‘most British’ of businesses. Were they audited? Why did they not know about the pension fund concerns? Meanwhile, Norton thanked them for the cash by praising BREXIT, and the Tories had the media push the story. Great British buiness looking forward to BREXIT - blah blah blah. Maybe they didn’t care – maybe all they wanted was their pro BREXIT story.
Who knows – the whole thing sucks – just like BREXIT itself.
Re: Norton go into administration - YamFazFan - 16-02-20
Yes, yes of course
. Have a lie down and try to get some rest, things might seem better in the morning
Re: Norton go into administration - VNA - 17-02-20
Yup tax payers money down the drain.Private investors ripped off by a company with full government confidence.I don't think things will look better for them any time soon. :\
Re: Norton go into administration - Gnasher - 17-02-20
As I said keep your eye on HS2!
Re: Norton go into administration - agricola - 17-02-20
(16-02-20, 09:31 PM)VNA link Wrote:Quote:Fucks sake mate. could the mods not make the b word automatically delete the whole post please? pretty please?What I’m saying is the Tory government poured cash into this ‘most British’ of businesses. Were they audited? Why did they not know about the pension fund concerns? Meanwhile, Norton thanked them for the cash by praising BREXIT, and the Tories had the media push the story. Great British buiness looking forward to BREXIT - blah blah blah. Maybe they didn’t care – maybe all they wanted was their pro BREXIT story.
Who knows – the whole thing sucks – just like BREXIT itself.
:z :z :z :z :z :z :z
Re: Norton go into administration - ogri48 - 17-02-20
this is very very much worth a read...https://www.superbike.co.uk/article/norton-was-it-a-fraud-from-the-start
Re: Norton go into administration - robbo - 17-02-20
Such a shame that the name Spondon, so well respected in the past, has been dragged through the dirt. If the original retiring partner hadn't been so desperate for cash, then no doubt this financial tragedy wouldn't have happened.
Re: Norton go into administration - unfazed - 17-02-20
Read that earlier today :rolleyes
Re: Norton go into administration - mtread - 18-02-20
Blimey. More of a crook than even I thought
Re: Norton go into administration - ogri48 - 18-02-20
unreal aint it?. I always thought Norton had been bought by a multi millionaire businessman, not some bloke who ponsed 90 grand off his dad and chanced the rest to build a long con
Re: Norton go into administration - mtread - 18-02-20
What I don't get, is why didn't he just play it straight? Decent bikes, albeit niche, at a premium price. Plenty of orders from the US.
If CCM can make a go of it. Why do the con man?
Re: Norton go into administration - coffee - 18-02-20
Scared of losing a few quid doing things the right way,just a typical silverspoon tosser. :finger :foc
Re: Norton go into administration - Gnasher - 18-02-20
Greed :finger
Re: Norton go into administration - VNA - 18-02-20
Questions need to be asked about the grants and loans they received. Were audits carried out, if not, why not, and if they were, why did they not pick up that the business was bent. Laws need to be tightened on Pensions investment rules.
https://www.theguardian.com/business/2020/feb/12/inquiry-government-funding-norton-motorcycles
Re: Norton go into administration - VNA - 18-02-20
Quote:this is very very much worth a read...https://www.superbike.co.uk/article/norton-was-it-a-fraud-from-the-startJesus. Appears the whole thing sucked right from the start.
Re: Norton go into administration - ogri48 - 19-02-20
(18-02-20, 10:51 AM)mtread link Wrote: What I don't get, is why didn't he just play it straight? Decent bikes, albeit niche, at a premium price. Plenty of orders from the US.it really is a crying shame innit. as you say, with all that going for them, if he had been straight, Norton would have worked.
If CCM can make a go of it. Why do the con man?