Opus research into historic BHS funding methods quoted by Sunday Times

Opus research into historic BHS funding methods quoted by Sunday Times

March 14, 2016


Research conducted by Opus into the extraction of funds from the struggling retail chain BHS prior to its recent sale is quoted by the Sunday Times.

According to analysis by Opus Restructuring, an advisory practice, he (Philip Green, his family and companies controlled by them) took out £807m in dividends, service charges and rent during his ownership, although he put £215m back in as support, which he wrote off ……

 

Click here to read the article (paywall)