Norton Deposit Info, It's Demise & It’s New Owners

Norton are still a strong brand name. Stronger than one shyster.

 

Let’s hope they build them here where they should be built.

 

What do they get for £16m do they get the Hall or has he stolen that somehow...

 

I’d like to know as well. Moneys owed, no staff, all the engineering side is probably included but I can’t see it being 25% of that?

 

All the staff are being TUPE'd across

 

Noted but their can’t be that many left on the books considering what’s happening/pension scandal?

 

Anyone hazard a guess how much may have been trousered by the previous owner in all this?

 

I’ve read that the production is staying here and all the staff are being kept on.
Sadly it doesn’t sound good for people owed money.

 

Plus it’s good news the wonderful name has been kept out of Chinese hands.

 

As long as they wash them I’m sure they’ll be fine

 

https://www.superbike.co.uk/article/tvs-prepares-to-buy-norton

 

The tea-leaving workers get to touch customers bikes again.

 

Ya gotta wonder tho, where all that 16 million is going to end up? No doubt BDO will do everything they can to invoice it to themselves, the receivers are never there to help out anyone other than themselves.
Also seems a shame that TVS don't have the rights to carry on with the 961 motor (I assume) as it has been sold to a chinese concern...

 

Clandestine deals again, who knows really what goes on in big investments with foreign parties??

 

Won’t be a bad thing if the 961 is ditched, it’s been horribly unreliable and even though you see them everywhere the numbers of bikes sold is low for how long they have been around, they are also hopelessly outclassed by the thruxton r in all but exclusivity.

they say in the MCN write up (which claims to quote them) that they are pushing ahead with the atlas range, which personally I think is where garner should have started from and built into the V4, maybe with the engine concept for the v4 being refined but focusing on volume sales of the 600 while the market looks good for that sort of bike.

 

After all this would anyone buy a "Norton" no matter who owned the rights?

 

I still quite fancy a ‘75 Commando to pootle about with.

 

All proceeds to scumbag owner. You watch.