Tesco in £1m cycles payment blunder
Tesco is seeking restitution of the overpaid monies following the error by its finance team.
The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.
Universal, an Essex-based company majority-owned by Sports Direct, has paid back £863,000 but Tesco claims it is holding on to more than £121,000 in outstanding funds, sources said.
It has launched legal action at the High Court to recover the remaining money, legal costs and a further £1,783 – the sum the retailer claims it is owed in interest at 8% a year.
The error was made on August 13 and Universal was asked to repay it 15 days later. Universal then repaid some of the funds on September 29, but £121,412 is outstanding, sources said.
It is understood a meeting will be held between the two parties in a bid to resolve the dispute out of court.
A Tesco spokesman declined to comment on the ongoing case.
Last evening in the Burlington Hotel in Dublin, ‘The Story of Mickey Palmer (Woolen Jerseys an’ Whiskey Legs) was launched to a large attendance. Ray Kennedy, Men of the Ras fame is the author, who with the generous support of FBD Insurance (proud sponsors of the FBD Insurance Ras) made this unique book hit the shelves. It is an insight into a man who is indeed a house hold hero. It is a fantastic read and would be an ideal stocking filler. Once taken up, you’ll just keep turning the pages. The publishers are Covie Publications and Recording (CPR) Ltd. Sheeaune, Westport, Mayo, Ireland.
Not for the first time this season has the ‘rain in Spain stayed mainly on the plain.’
It has just been one continual downpour.
Even the great Lance Armstrong succumbed to the weather here in August for two of the three days in the Failte ireland Three Day when you would have at least thought it would not be a spoilsport, but evidently the weather has a mind of its own.
But, at least now we appreciate the weather forecasters with their accuracy. Time was when we would laugh at their announcements. Not anymore.
Still, Padraig Marrey and Co. are pushing ahead with their promotion next Sunday.
sport which was developed in the 1960’s by young Americans. They had ambitions of copy the motor bike riders. Ultimately it was the skateboard generation who upped the anti and the sport took off. Believe it or not the sport is so popular that it has it own professionals and like the road men they are in the international arena mopping up the sweetners with sponsorships and all attached to the bmx out outlet.
The most important pointers:
The Union Cycliste Internationale is the governing body of the sport and at their HQ in Aigile they have built a custom sized track.
The pioneer of the sport was a gent called Scot Breihaupt who organised some of the first races back in 1970 at Long Beach, Califiornia. Plus BMX racing was introduced in the olympics for the first time at the 2008 Beijing Olympic Games in China.
So, maybe it would be a worthwhile visit to Ballinrobe, Co. Mayo weather permitting for round three of the BMX League.
Western Lakes CC have pencilled in round 3 of the BMX League on Sunday at 11am sharp. the league is open to all categories from adult right through to U8’s.
A variety of races and jump and skill competitions will take place during the day.
An open session will be held where jumps and specific BMX skills can be practiced .
The BMX track is situated at the cycling centre on the Kilmaine road out of Ballinrobe Co Mayo
Last time out the guys from 20 Inch Ireland and Flo racing came down and perforrmed some incrediable jumps in weather that could only be described as atrocious weather conditions, hopefully next time conditions will be better. And can the weather improve on this occasion.
For more details contact Gerry 087258029.
In the recent past a call went out looking for information as to what was happening in club land.
so, out of the blocks comes Western Lakes who gave me something to chew on.
Proceedings open on Saturday morning with the sign-on at 10am for a 65 mile spin which gets under way at mid day. Then on Sunday it is a little bit earlier at 9 sign on with the spin getting under way at 10 o’clock for 50 miles. I have been guaranteed that the spin will be controlled, so I’ll make it around that beautiful countryside of Co. Galway. Also the organisation have advised me that we’ll pass through Maam where many of the scenes for the ‘Quiet Man’ were filmed in the last century.
For further information give a bell to either John at 087.6828648 or Brendan at 0876131891 and the password is “End of Season Get Together.”
Please note details of the CX race on in Kilbroney Park this Sunday, being the Ulster Champs and a round of the Supercross the organisers expect a top class field. Despite all the rain the park course at the foot of the Mourne Mountains is in reasonable condition and should provide the scene for exciting racing.
Newry Wheelers Cycling Club promotes Supercross Round 3/Ulster Cyclo Cross Championships.
Western Lakes kick off our club section this week.
Cycling in West Mayo.
Western Lakes Cycling club based in Ballinrobe with members from many parts of Mayo and North Galway.
Each year the club organises a number of events that pass through the hilly terrain around Tourmakeady.
2009 was a busy year for the club with the finishing of the BMX track beside the cycling centre on the Kilmaine road Ballinrobe, this facility is unique in that its the only one of its kind in the country, last January Setenta came to see the track, and made a program shown on Sports file about BMX racing and featured the track in Ballinrobe.
The club has the use of an old factory building which we call the cycling centre which we use as a club house, its fully kitted out with spare bikes and Turbo trainers for classes etc.
The club organises training sessions for Adults and Youths, with the Youth spins been held every Saturday Morning at 10am at the cycling centre, Senior cyclist taking it in turns to supervise the sessions.
Adults get together every Sunday at 10am from the Cornmarket, all abilities are welcome, as there are leaders for each group.
A number of mountain bike events take place at the woods in Tourmakeady, check club website www.westernlakescc.com for details
During the winter months the club also organises spinning classes on a Thursday evening from 7-9pm and on Monday’s a circuit and fitness class is organised by qualified instructors.
The club organised two very successful leisure events, The Mask Challenge and The Polkadot challenge, good numbers turned up for both.
We also promote three road races, The Bog Week GP and Gogarty cup in Tully Cross/ Letterfrack area and the Ballinrobe 2 day which takes in most of the roads around Tourmakeady.
The club organises a club league which consists of 11 rounds , with different types of races for its members with venues scattered all around Galway and Mayo, Tourmakeady is featured quite a bit where we use Lally’s Mountain in (Drumcoggy Mountain) regularly to test the riders ability going up hill.
This year the club membership had a bumper year with nearly 80 people affiliated to cycling Ireland, and at least another 30 people that help out at different events who are not affiliated.
On top of all that the club has an administration side that sorts out Insurance and affiliation to the various bodies both locally and Nationally, the committee are involved in adding news to the club website, this helps to give some publicity to our sponsors as well as alerting members of what is going on in the club..
The club has different Representatives who attend meetings every month and discuss their various roles within the club, they all did a great job in 2009 organising and making sure activities were been promoted regularly.
The club even has its own cycling Kit a yellow, black and red outfit that can be easily seen by motorist and a leisure outfit when not cycling, all of our members are proud to wear our kit.
We also have a club Bus (van) with sponsor’s logos and information printed on panels, this Bus is seen regularly at events around the country.
The club even promotes extreme Challenges, in 2009 the challenge was to cycle from Mizen head to Malin head in under 20hrs as a 20 person group, the club had 5 members on the team, and had another 5 helping out as crew.
Every year we want our members to get involved with the club committee as we are all volunteers and the more members that get involved to help, the less burdened our committee will be.
Honouring our members gives us a few reasons to have a great night out, it creates camaraderie, and it builds esteem and unites the members.
This year we had a great night out in Gannon’s Bar, it was a great way to honour members and presents awards to people who have achieved or volunteered their time above the ordinary.
2009 was one of the better ones for the club as we were extremely active on all fronts, from Youth cycling right through to leisure and racing cycling.
This year the following people were nominated for an award.
Youth Cyclist of the year Mark Finnerty, for his super achievement of winning a Gold medal at the National Community Games
Leisure Cyclist Fergal O Neill, for his role in the development and participation of leisure cycling.
Racing cyclists Joe and Padraig Marrey, for winning Gold medals at the National Time Trail Champs, on the Tandem
Club person of the year, Brendan Scullion won this title for is unselfish contribution to cycling in all its facets, Brendan has to drive 110 miles round trip to attend the closest event near the club, he does this at least once a week and in most cases anything up to 3 or 4 times in a week, he helped out at every event the club held throughout the year.