A new £6.8 billion landmark deal has been agreed to officially place ASDA into the ownership of billionaire Issa brothers from Blackburn.
The reported multi-billion deal will see the supermarket chain under British ownership after 20 years.
Previous American-owner Walmart has accepted an offer from a consortium of Zuber and Mohsin Issa – of EG Group – and private equity firm TDR Capital, which meaning the supermarket chain will be majority owned by UK firms for the first time since 1999.
Roger Burnley – Chief Executive Officer of ASDA – said: “This new ownership opens an exciting new chapter in ASDA’s long heritage of delivering great value for UK shoppers.
“With our combined investment, expertise and ambition, ASDA, Walmart, the Issa brothers and TDR have an incredible opportunity to accelerate our existing strategy and develop an even more exciting offer for our customers as well as strengthen our business for our colleagues.
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“In a constantly changing retailing environment, our new ownership will further enhance our resilience, whilst creating significant, additional opportunities to drive growth.
“For ASDA colleagues, a strong and growing business is important for our long-term future.”
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EG Group / Issa Brothers
Mohsin and Zuber Issa started out in a garage which their dad – who had worked in a woollen mill – bought and branched out on their own by first renting a petrol station for two years, then in 2001 buying their first forecourt – a derelict freehold site in Bury – and formed Euro Garages.
The EG Group now has almost 6,000 sites across 10 countries, from the UK to the US and Australia. It runs outlets for Greggs, Starbucks and KFC, and employs 44,000 people.
In 2017, the EG Group also bought 77 Little Chef roadside restaurants.
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Speaking on the ASDA deal, Mohsin and Zuber Issa said: “We are very proud to be investing in ASDA, an iconic British business that we have admired for many years.
“ASDA customer-centric philosophy, focus on operational excellence and commitment to the communities in which it operates are the same values that we have built EG Group on [and ASDA’s] performance through the COVID-19 pandemic has demonstrated the fundamental strength and resilience of the business,
“We are excited to support Roger and his team as they continue to reposition the business to drive long-term growth.”
Zuber continued: “We grew [the EG Group] from nothing. We’ve been on the pumps, we’ve been stocking the shelves, cleaning the toilets. You do everything, and once you do the foundation work, it’s no different wherever you go in the world.
“It’s a petrol station – you’re selling fuel, you’re selling coffee, you’re selling convenience.”
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Olivia Rodrigo says ‘very inspiring’ Manchester is one of her favourite places in the UK
Emily Sergeant
Olivia Rodrigo has named some of her favourite places in the UK… and it’s good news for Manchester.
If you weren’t aware, the global pop superstar has a bit of an affinity for the UK, having spent a lot of time over here in recent years – particularly in London – and developing a love for some of our nation’s finest delicacies in the process, like M&S fan-favourite sweet treats Percy Pigs and Colin the Caterpillar, as well as Jaffa Cakes, Cadbury, sausage rolls, and plenty more.
And it’s fair to say that she’s once again proven herself to be a somewhat of an honorary Brit during the recent promotional tour for her third studio album, you seem pretty sad for a girl so in love – which released to the world last Friday (12 June).
In a recent interview with Hits Radio UK, Olivia was asked where some of her favourite places in the UK are, other than London… and it was good news for our city.
I mean, not that ‘good’… she’s still not chosen to bring her upcoming ‘The Unraveled Tour’ over to us this next time around in 2027, opting to just stay in London for more than a dozen nights instead, but it seems she’s keen to show Manchester some love regardless.
When asked if she has a favourite area of the UK, Olivia said: “I spent some time in Manchester which was really nice. Very inspiring, so many great bands from there. I spent some time in Wales too, which was fun. I’ve been around but I need to go and see more things.”
She then went on to add: “I really want to go to Leeds this year. I think that’ll be fun. Just like as a spectator, I think that’ll be cool.”
It’s not the first time Olivia has publicly spoken about Manchester either, as in another recent interview with Dazed Magazine, she claimed she’s the ‘best version of [herself]’ in the UK.
“Maybe it’s because it rains so much that all you want to do is be inside with the guitar and write. I spent some time in Manchester a few years ago and it was so rainy I was like, ‘No wonder so many great bands come out of Manchester’,” she concluded.
Featured Image – Hits Radio UK
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Manchester United agree record streaming deal for new Amazon documentary TV series
Danny Jones
Manchester United have officially agreed a record sporting TV deal for a brand-new documentary TV series on the Amazon Prime Video streaming service.
That’s right, Man United are getting the All Or Nothing treatment.
With the Red Devils finishing the 2025/26 season much stronger than they started it, they’re now set to invite a film crew into the dressing room and the newly refurbished Carrington training complex for the upcoming campaign.
Although there have been many United documentaries over the years, everything from big budget and smaller indie projects to fan-made, this new show looks set to give a more exclusive present day peak behind the curtain of the club’s modern-day set-up than ever before.
While it remains unclear whether or not this past term’s exploits – be it the drama of the Ruben Amorim era, or the upturn under Michael Carrick – are set to be included, as the official announcement teases, the Amazon series will provide behind-the-scenes MUFC throughout the 26/27 term.
There was an opportunity to accept this kind of coverage shortly after INEOS invested in the business, but Amorim put a rather public kibosh on the offer to preserve the backroom’s privacy and prevent any unnecessary intrusion.
Understandably, a lot of people agree with the decision, especially given the team was not just in another state of flux but at a crucial turning point under their then-new boss.
Taking a more old-school manager approach, it may have been seen as a sensible step, but it wouldn’t have mattered either way, as the Portuguese head coach (who now looks set to join AC Milan) was eventually sacked after just over a year in charge.
Nevertheless, many supporters are still reticent about the prospect of lifting the lid on an organisation that has famously seen plenty of turbulence. The fan base will just be hoping for a season to remember for the right reasons while the cameras are running for a reportedly record
Really not a fan of this – I wonder what someone like Carrick thinks of this? Additional scrutiny and pressure in his first full season as Head Coach.
The two most recent Premier League champions, Arsenal and Man City, have both seen seasons of Amazon’s now well-known docuseries before going on to win landmark titles, so perhaps it could be a good omen; who knows?
Conversely, Sunderland – who were infamously selected as one of the first subjects of this all-access kind of series – arguably ended up putting more unnecessary spotlight on their struggles.
As for those under the All Or Nothing umbrella, Spurs, Juventus and even the German international have also served as examples of how the big payout may not always be worth the bad press, with all three having gone through plenty of trials and tribulations in and around the respective versions airing.
Let’s just say that, reportedly ‘record’ sums or not, this could still go one way or the other…
While it’s still unclear as to the actual figure Manchester United will be taking home as part of the package with Amazon, this is yet another example of the steady Americanisation of association football, starting with the NFL and ice hockey before now drawing even wider audiences to the beautiful game.
The Manc -
2nd October 2020 
