Mike Ashley’s Sports Direct faces million-pound claim over bonus scheme which excluded zero-hour contracted staff February 3, 2015 Mike Ashley’s Sports Direct faces legal claims over its bonus scheme from hundreds of staff working at its stores which could run into millions of pounds. Nearly 300 workers on zero-hours contracts were excluded from a bonus scheme which gave around 2,000 staff who were permanently employed a windfall share of £160m worth of shares [...]
Sports Direct boss Ashley under fire from Scottish MPs over USC February 2, 2015 MIKE ASHLEY could face a grilling by Scottish MPs over the administration of clothing retailer USC, with politicians pressing to launch a full parliamentary investigation into his activities. The Scottish Affairs Committee is launching an inquiry into the fast fashion chain, with MPs last week branding the redundancies of more than 200 people as “despicable” and [...]
Mike Ashley could face parliamentary investigation over USC February 2, 2015 Mike Ashley could face a grilling by Scottish MPs over the administration of USC, with politicians pressing to launch a full parliamentary investigation into his activities. The Scottish Affairs Committee is launching an inquiry into the fast fashion chain, with MPs last week branding the redundancies of more than 200 “despicable” and “appalling”. [...]
Fifa president election 2015: A guide to the challengers to Sepp Blatter’s throne January 28, 2015 Tomorrow night, at 11pm, football fans around the world will discover the official candidates in the running to be the next Fifa president. Current incumbent Sepp Blatter's popularity has plummeted, and huge numbers of football fans are crying out for a saviour to rescue football's governing body from its current nadir. Five candidates have put [...]
Mike Ashley and Rangers will face charges of failing “the best interests of football” next month January 28, 2015 The Scottish FA have set a date of March 2 for the hearing into charges against Mike Ashley and Rangers. Ashley will face two charges relating to his possible breach of the Scottish FA’s dual club ownership rules. The Sports Direct founder owns Newcastle United and also has an 8.96 per cent stake [...]
Job hunter back at Waterloo and now he’s hiring January 27, 2015 BACK in August, new graduate Alfred Ajani was struggling to find a job. Having finished a sports marketing degree at Coventry University three months earlier, Ajani says he had submitted 300 job applications, but had yet to receive an offer he was interested in. So en route to a job interview, he took 45 minutes [...]
Sports Direct boss strengthens hold on Rangers with loan deal January 27, 2015 GLASGOW Rangers yesterday accepted a long-term credit facility of £10m from Sports Direct boss Mike Ashley. The football club admitted its financial condition has been made worse by poor match attendance. The facility is structured in two interest free tranches with £5m available immediately for working capital purposes and the repayment of previous debt, with [...]
Getting hired is all about communication: This guy did it by holding up a sign at Waterloo Station. Now he’s back – and hiring January 27, 2015 Back in August, new graduate Alfred Ajani was struggling to find a job. Having finished a sports marketing degree at Coventry University three months earlier, Ajani says he had submitted 300 job applications, but had yet to receive an offer he was interested in. So en route to a job interview, he [...]
Mike Ashley loans Rangers £10m which will be used to pay back loans from… Mike Ashley January 27, 2015 Rangers have agreed to take a £10m loan from Mike Ashley, which has been secured against the club's Murray Park training ground and registered trademarks. Ashley, who also owns Newcastle United, will take control of 26 per cent of the club's retail business as a result. The founder of Sports Direct has a 8.9 per [...]
Mike Ashley weighs up bid for Evans Cycles January 26, 2015 SPORTS Direct founder Mike Ashley is looking to expand his retail empire after joining several suitors in considering a bid for Evans Cycles. Private equity group Active Capital hired Canaccord Genuity last year to find a buyer for the cycling specialist, which has 56 stores and employs around 1,200 people. Sports Direct is understood to [...]