Mike Ashley

  • BusinessAOL

    Mike Ashley slams Debenhams administration as ‘national scandal’

    Mike Ashley has called the administration of Debenhams a "national scandal" and called for the process to be reversed after the retailer's lenders seized control. The so-called pre-pack administration wipes out the stakes held by

    3-min read
  • BusinessAOL

    Sports Direct 'did not treat workers like humans', say MPs

    MPs looking into working practices at Sports Direct have said that the company didn't treat staff like human beings, while one MP likened working practices to those of a Victorian workhouse. Sports Direct issued a statement stating that it

    4-min read
  • SportAOL

    Free Sports Direct coat if Newcastle beat West Ham

    Sports Direct is offering football fans a £59.999 winter jacket completely free - as long as Newcastle beats West Ham this weekend. The deal, offered by boss Mike Ashley (who also happens to be the owner of Newcastle United), is aimed at

    2-min read
  • BusinessAOL

    Tycoon 'bought 11% stake in Fraser'

    Sports Direct tycoon Mike Ashley tried to muscle in at the last minute on the Chinese takeover of House of Fraser by snapping up an 11% stake in the department store, it was reported. The Newcastle United owner bought the shares from

  • BusinessAOL

    Ashley may get Sports Direct bonus

    Sports Direct is to hand its founder Mike Ashley a shares windfall worth a potential £65 million - as long as the retailer keeps up its rapid growth. The Newcastle United owner, who set up the business on leaving school in 1982 and was the sole

  • BusinessAOL

    Mike Ashley strikes new Debenhams deal

    Newcastle United owner Mike Ashley's sportswear group has sold its near-5% stake in Debenhams days after making the share swoop. Sports Direct International has instead struck a complex financial arrangement giving it the option to take a