MySale board urges shareholders to back Frasers’ offer despite acknowledging bid undervalues firm October 12, 2022 The board of MySale has urged shareholders to accept Frasers’ bid even though the company acknowledges the offer “undervalues” the business. The Sports Direct owner Frasers would expect to own 504,113,926 MySale Shares or more than 48 per cent of the voting rights, if the deal went through. Last month, MySale shareholders rejected a 2p-per-share [...]
Frasers Group nabs stake in JD Williams and Simply Be owner October 12, 2022 Frasers Group has snagged a 4.5 per cent stake in online retailer and JD Williams owner N Brown, as the retailer continues to put its stamp on the UK high street. The Sports Direct owner is now the sixth-largest shareholder of the Jacamo and Simply Be owner. “We are always pleased to welcome new shareholders [...]
Rugby league aim high with men’s, women’s and wheelchair World Cups October 12, 2022 This weekend sees the start of a trio of Rugby League World Cups that could propel the sport through a glass ceiling of publicity and awareness, as England becomes the first host nation of simultaneous men’s, women’s and wheelchair tournaments. Delayed a year from 2021 for pandemic-related reasons, the three World Cups will take place [...]
Adam Norris: A driving force for the good of the planet October 11, 2022 Adam Norris talks to City AM about his remarkable life, a burning passion for making a difference, and being the father of a Formula 1 star.
Ed Warner: F1 needs to fast track its cost cap procedures October 6, 2022 The headhunter was calling me about a CEO role at a top six Premier League club. He was building his long list of possible candidates. One of the lures was that half the salary would be paid outside the UK in a low tax jurisdiction, ostensibly for services rendered directly to the club’s overseas owners. [...]
Emily Pedersen on the Aramco Team Series and her dream of achieving pay parity in golf October 5, 2022 Emily Pedersen discusses the growth of women’s golf, her hope of seeing prize money parity in the sport in the near future, and the Aramco Team Series. Emily Pedersen has been one of the shining lights of European golf in recent years and the Dane is optimistic that the future looks bright both for her [...]
Frasers edges closer to MySale takeover October 3, 2022 Frasers Group has inched further towards a takeover of My Sale, after snaring a 50 per cent stake in the Australian e-commerce firm. The Sports Direct owner upped its stake in the business, after snaring 100,000,000 MySale shares from investment firm Jackson Family Capital and 62,145,385 MySale shares from former vice-chairman and founder of the [...]
Michael Doughty: Hylo Athletics founder on quitting football and ‘Patagonising Nike’ October 3, 2022 Former Premier League footballer Michael Doughty tells Frank Dalleres why he walked away from the game to set up sustainable sportswear brand Hylo Athletics. The longer that Michael Doughty’s playing career went on, the harder he found it to ignore the effects of climate change. “I saw way more games called off, way more training [...]
Ed Warner: Reform the FA to avoid the burdens of a sport regulator September 29, 2022 Can you name the new Minister for Sport? Turns out it’s Stuart Andrew, MP for Pudsey. Let’s hope he’s a sports fan as there’s nothing publicly available to say that he is (or indeed isn’t). And so the door to this most junior of ministries revolves again. And at a time when a number of [...]
A New Leadership Approach for the Challenges of Today September 26, 2022 The Changing Leadership Landscape Against the backdrop of a seismic humanitarian crisis in Ukraine, energy volatility, labour shortages, a higher interest rate environment and continued supply chain disruptions, it’s undeniable that today’s business leaders are under more pressure than ever to deliver in areas that were once far beyond the CEO job description. Where once [...]