Philip Green, does anyone care what the truth is?

[Camoradi]

Welshbeef said:

Green has offered £200m via a vehicle which the regulator has rejected.

Air cooled Porsche?

[Welshbeef]

sidicks said:

Welshbeef said:

His offer was a package created by Deloitte - instead they want a chq.

However as they want £300m that will go to the pension protection fund not BHS so BHS pensioners will actually get less than his package.

Interesting.

Eh?

The proposal will take the scheme out of the PPF and provide higher benefits than under PPF compensation rules.

Meh?

What are you on about / replicating my post?

[otherman]

Welshbeef said:

sidicks said:

Welshbeef said:

His offer was a package created by Deloitte - instead they want a chq.

However as they want £300m that will go to the pension protection fund not BHS so BHS pensioners will actually get less than his package.

Interesting.

Eh?

The proposal will take the scheme out of the PPF and provide higher benefits than under PPF compensation rules.

Meh?

What are you on about / replicating my post?

He's not. He's pointing that paying to get a scheme out of the PPF, if very different from paying money into the PPF.