Mike Ashley attacks Andy Burnham’s ‘populist’ High Street plans in letter to No 10
Accused the PM of ‘jumping on everyday fixes’ Billionaire Sports Direct founder Mike Ashley has written to Prime Minister Andy Burnham to criticise the cost of living and retail announcements as “populist reactions”. Ashley further accused the PM of “jumping on ‘everyday fixes’ or bandwagons”. Ashley said “disastrous” business rates policies and rising employment costs […]
6 days ago
Harvey Nichols bought by Sports Direct owner Frasers Group
Harvey Nichols faces ‘significant restructuring’ Harvey Nichols has been bought by Mike Ashley’s Frasers Group, the owner of Sports Direct, after the luxury department store warned it would have to cease trading within a year without new investment, BBC News reports. Frasers will take control of the 200-year-old retailer’s stores, including its Knightsbridge flagship, its […]
3 weeks ago
Mike Ashley sues Newcastle chief Amanda Staveley for return of £10m loan
Ashley claims that Staveley broke a clause against criticising him Former Newcastle United owner Mike Ashley is suing the club’s new co-owners for breaking the conditions of a £10m loan he provided them to allow the sale of Newcastle to go through, which stipulated that they would not criticise him. The Daily Mail have reported that the Sports […]
5 years ago
Mike Ashley considering bid for Derby County
Ashley is interested in purchasing the Championship club Former Newcastle United owner Mike Ashley is reportedly interested in purchasing financially-stricken Championship club, Derby County. It would be Ashley’s first project since selling Newcastle for £305 million in October after 14 years as the Magpies’ owner and is looking at the Rams, who have been in […]
5 years ago
Widow of assassinated journalist urges Premier League not to ‘cave in’ to Saudi Newcastle takeover
“There is still no justice for Jamal’s murder” The fiancee of murdered journalist Jamal Khashoggi has urged the Premier League not to ‘cave in’ on the Saudi takeover at Newcastle United. The takeover of Newcastle by Saudi Arabia’s Public Investment Fund could be announced today, Thursday October 7, according to reports. However, Hatice Cengiz – Khashoggi’s fiancee […]
5 years ago
Mike Ashley believes Newcastle United takeover is close
A new dawn at Newcastle United looks to be on the horizon Newcastle United look one step closer to having new owners in charge after insiders at the club claim that current owner Mike Ashley believes a deal is close to being agreed, according to Chronicle Live. One source at the club has even been […]
5 years ago