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New Main Sponsor Needed Soon? : Tue Nov 11, 2014 10:51 am  
http://www.theguardian.com/money/2014/n ... -price-cap

Thoughts?

I'm not sorry to see companies like this being forced into charging more realistic interest. As for the Bulls, we could be on the lookout for another main sponsor if Provident decide to reduce their outgoings or even "exit the marketplace".
http://www.theguardian.com/money/2014/n ... -price-cap

Thoughts?

I'm not sorry to see companies like this being forced into charging more realistic interest. As for the Bulls, we could be on the lookout for another main sponsor if Provident decide to reduce their outgoings or even "exit the marketplace".
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Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 11:16 am  
Bullseye wrote:
http://www.theguardian.com/money/2014/nov/10/payday-lenders-may-vanish-within-year-price-cap

Thoughts?

I'm not sorry to see companies like this being forced into charging more realistic interest. As for the Bulls, we could be on the lookout for another main sponsor if Provident decide to reduce their outgoings or even "exit the marketplace".


I'd imagine that the contract would be pretty tightly worded so that even if Provident wanted out of the deal they'd have to pay a settlement to the Bulls for breaking the deal.

Also, I've no doubt there's plenty of companies that would be interested in sponsoring the club should the opportunity arise

That being said, this rate capping stuff will not have happened overnight so I've no doubt Provident knew it was on the horizon before signing the deal with the Bulls so will no doubt have factored that in.
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Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 11:19 am  
Does it have to be a company sponsoring us or can it be one person?

I wouldn't have any problems with us having "Mrs Koukash" across the front of our shirt.
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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total

Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 12:06 pm  
You can get your teeth round The Mandy Bulls
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Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 12:08 pm  
Ferocious Aardvark wrote:
You can get your teeth round The Mandy Bulls


I'm masticating at the very thought.
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Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 1:25 pm  
Bullseye wrote:
http://www.theguardian.com/money/2014/nov/10/payday-lenders-may-vanish-within-year-price-cap

Thoughts?

I'm not sorry to see companies like this being forced into charging more realistic interest. As for the Bulls, we could be on the lookout for another main sponsor if Provident decide to reduce their outgoings or even "exit the marketplace".

Not sure Provident would be affected. I certainly wouldn't go for their rates and that is a fact, but from what I've read they aren't even in the same ballpark as the Wongas of this world when it comes to the super high, 4000%+ rates.
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Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 2:32 pm  
What about these guys:

http://www.pocketmoneyloans.com/
What about these guys:

http://www.pocketmoneyloans.com/
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Re: New Main Sponsor Needed Soon? : Tue Nov 11, 2014 3:12 pm  
That's absolutely brilliant - who said entrepreneurship was dead?

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