Optical Express Saved by founder/CEO David Moulsdale

  • Lovin it!

Replied by Lovin it! on topic 'Optician Online' Interview with David Moulsdale

Posted 30 Aug 2013 21:54 #21


For me, Moulsdale's best two soundbites:
"Ophthalmology and optometry are not commodities and people should always take great care with their sight."
Really David?!

"We believe that the laser eye surgery market in the UK and Ireland could decline further in 2014."
No doubt about that thanks to OERML ;)
Last Edit:30 Aug 2013 21:55 by Lovin it!
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Replied by admin on topic Tom Hunter

Posted 06 Aug 2013 00:25 #22
Curiouser & curiouser!


"THE rescue of Optical Express was secretly backed by Sir Tom Hunter, once considered Scotland’s richest man.

Hunter put up some of the money that enabled the founder, David Moulsdale, to hang on to the optician and laser eye surgery chain after Royal Bank of Scotland threatened to seize control. The bank, which had already lent £30m, became concerned that the business was spiralling out of control after Moulsdale asked for an emergency loan to pay wages.

Hunter, whose fortune was ravaged by the financial crisis, is understood to have lent Moulsdale roughly half the money needed to buy out RBS. It is thought the bank’s loans were acquired for a fraction of their face value."
Last Edit:06 Aug 2013 00:27 by admin

Replied by F*CK YOU DAVID MOULSDALE! on topic Optical Express Saved by founder David Mou(l)sdale

Posted 26 Jul 2013 00:19 #23
"Those tough trading conditions saw a subsidiary called Optical Express (Southern) put into administration in October with the loss of 40 stores."

Dear Mr Mouldsale, please explain how it is that your 123Leeds/OE Southern patients left with damaged eyes are fed bull*** that you are in administration yet you are still trading?!

Last Edit:17 Apr 2020 17:55 by F*CK YOU DAVID MOULSDALE!
  • Anonymous

Replied by Anonymous on topic Not completed :)

Posted 24 Jul 2013 00:23 #24

Let's hope RBS & government are listening to MBE campaigners who have made their feelings known wherever possible today :whistle:
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  • Insider

Replied by Insider on topic David Mou(l)sdale 'playing' RBS & taxpayers

Posted 23 Jul 2013 17:33 #25
Don't be fooled, Moulsdale was in control all the way through his latest game.

Stephen Hannan also overheard mentioning OE have a flashy brand new Glasgow HQ - what have the RBS got to say about this?

Foul deeds will rise!
by Insider
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Replied by Mr Starburst on topic Royal Bank of Scotland

Posted 22 Jul 2013 09:19 #26
If RBS have seen this site I think there's no way they'd want to keep extending finance to OE because 'the writing's on the wall'.
Last Edit:22 Jul 2013 09:29 by Mr Starburst
  • InthebusinessnotOE

Replied by InthebusinessnotOE on topic Optical Express Scam

Posted 21 Jul 2013 21:45 #27
RBS is owned by the taxpayer - you and I take the loss !!!
RBS should consider in both the taxpayers' and the public's interest and seize control of the company.
Last Edit:18 Oct 2014 16:21 by InthebusinessnotOE
  • OE Victim
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Optical Express Saved by founder/CEO David Moulsdale was created by OE Victim

Posted 21 Jul 2013 10:54 #28
"David Mousdale has bought all the debt that the firm owes to the Royal Bank of Scotland and injected more money into the High Street chain.

The bank had refused to lend Optical Express any more money.

The Glasgow-based firm said it was now in a "highly secure position for continued growth".

Optical Express - which has about 93 stores and 54 consultation centres - owed more than £30m to RBS and asked for a further loan in order to pay staff, according to the Sunday Times.

The largely state-owned bank refused and threatened to seize the firm and sell it to recoup its debts

"David has agreed to acquire the entire debt owed to RBS by Optical Express and will inject significant working capital into the group, positioning it in a highly secure position for continued growth," a spokesman for the company said."

Who will fund the RBS loss - the same people who are footing the bill when OEs damaged patients have to seek help from the NHS!!!
Last Edit:04 Jul 2020 14:59 by OE Victim
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