Tag Archives: deloitte

Responding to a 120-page dossier published by Spruce Point Capital Management last December, which criticised the governance of Toronto TSX listed Intertain Group (Intertain). A special independent committee appointed by Intertain governance has deemed the report to be “Self-serving and to contain numerous factual inaccuracies and mischaracterizations of company data” The committee made up of corporate independent directors, with the counsel of …

Deloitte recently released its TMT 2016 predictions which included a fascinating and debatable section on esports, and its projected growth. Following an analysis of the report by SBC’s Sam Cooke, Deloitte Canada’s Director of Technology, Media and Telecommunications Research Duncan Stewart has responded to it with an explanation of their findings and the all important differences in the analytics of esports and …

Deloitte has released its technology media telecommunications (TMT) forecast for 2016, and it makes for some interesting reading in regard to eSports.  It is estimated that as an industry it will grow by 25% and create global revenues of $500m (£346.8m) in 2016. This is up $100m (£69.4m) from last year. Deloitte’s predictions fall some way short of some of last year’s …

The Irish High Court has granted Ladbrokes permission to close its leases on five premises in advance of its examinership rescue plan, which was submitted by the operator at the end of June The repudiation of leases will see betting shops in Kilmacud Road, Ballygall Road and Finglas Town Centre (Dublin) John Street (Waterford) and Middleton (Cork) closed. The Irish …

Following its month long review under the Irish High Court, it appears that Ladbrokes Plc rescue plan for its Ladbrokes Ireland division has trumped Boylesports €25 million bid. On Tuesday Ken Fennell (Deloitte), the examiner appointed by the High Court to review the bid process, informed Ladbrokes Ireland creditors and other stakeholders that the examinership review favoured the plans put …

Following last week’s granted review of Ladbrokes Ireland examinership by  bookmaker Boylesports, Irish business news sources have reported that Manchester independent bookmaker Betfred is studying a potential rival bid for the troubled retail betting division. The Irish Times had revealed Betfred as the third bidder in the ongoing examinership, however the newspaper has questioned whether Betfred governance will place a firm …

Boylesports who have shown interest in acquiring Ladbrokes Ireland retail division out of examinership, has been granted leave by the Irish High Court to raise questions regarding the divisions performance. Boylesports has been permitted to serve short notice on Ladbroke Ireland Ltd; Ladbroke Leisure Ireland Ltd; Dara Properties Ltd by Ms Justice Mary Faherty. The operator has further been granted …

Irish independent bookmaker Boylesports is lining up to buy Ladbrokes loss making Irish retail division. The division is currently under Irish High Court protection, following Ladbrokes appointment of examiner Deloitte in April. Having recorded 2014 division losses of €5 million, Ladbrokes Ireland operations are currently being re-structured, with the operator outlining the closure of 60 of its 196 Irish betting …

Ladbrokes Irish retail business restructure has come under fire, following complaints of ‘derisory’ compensation for landlords of closed retail premises. A group of Irish landlords is set to join forces and challenge Ladbrokes retail closure terms, claiming that the operator should pay a higher fee for terminating its lease agreements. Following last month’s review of its loss making Irish retail …

Financial auditing and consulting firm Deloitte have revealed a pre-tax profit of £190 million for English Premier League (EPL) football clubs in 2013-14, marking its first collective profit in fifteen years. New cost control measures and refined corporate strategies have been highlighted as the drivers for the earnings boost by Deloitte. The combined £190 million earnings are four times higher …