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The Latest Breaking News from Mike Ashley

UK retail giant plunged into administration owing £16m closing all high street stores

THE retail giant Game fell into administration, owing almost £16 million, as it disappeared from high streets across the UK, it has emerged ...

The National (Scotland)

Frasers Group revenue soars from takeovers despite Sports Direct struggles

Frasers is continuing to seek growth through takeovers

The Independent UK

Takeover deals boost Sports Direct owner Frasers amid ‘tough’ backdrop

It comes as Mike Ashley’s retail vehicle continues to pursue a raft of further deals, including potential takeovers for Hugo Boss and Harvey Nichols.

Evening Standard

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read the most diverse news in one place.

Newcastle hit with demand for £3.2m over ‘deliberate’ failure to pay tax on transfers

Newcastle United FC have been hit with a demand for £3.2m from HM Revenue and Customs over a ‘deliberate’ failure to pay tax

The Guardian - UK

Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent

UK billionaire’s fashion group offers £166m for takeover of 77.1% of shares in shoe firm it does not already own

The Guardian - UK

Frasers Group launches £166m offer to take full control of Australia’s Accent

Frasers currently owns a 22.9% stake in Accent but has now sought to take full ownership, amid a recent flurry of dealmaking by the UK firm.

Evening Standard

Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer

Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake

The Guardian - UK

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Sports Direct owner Frasers launches takeover bid for Hugo Boss

Frasers is offering to pay around 1.98 billion euro (£1.73 billion) to buy remaining shares and take full control of the fashion firm.

Evening Standard

Mike Ashley admits he was behind video that brought down JD Sports chair

Sports Direct founder says people in his employ recorded footage of Peter Cowgill meeting another retail boss

The Guardian - UK

Controversial businessman becomes favourite for Sheffield Wednesday takeover

Mike Ashley becomes frontrunner for Sheffield Wednesday takeover

The Independent UK

Mike Ashley becomes frontrunner for Sheffield Wednesday takeover

The club’s administrators are actively seeking new buyers following the recent withdrawal of a consortium

The Independent UK

Mike Ashley steps up interest in buying Sheffield Wednesday after takeover collapse

Former Newcastle owner Mike Ashley’s representatives are due to meet Sheffield Wednesday’s administrators

The Independent UK

Boohoo and Debenhams owner raises £35m, risking Mike Ashley clash

Company, which also owns Oasis, Warehouse and Karen Millen, to use cash to cut debts and fund turnaround

The Guardian - UK

Ex-Newcastle United manager reopens old wounds with shocking Mike Ashley admission

Former Newcastle United boss Steve Bruce has offered his opinion on controversial previous Magpies owner Mike Ashley

FourFourTwo

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FourFourTwo

Former Newcastle owner Mike Ashley one of three bidders still in the running to buy Sheffield Wednesday

Mike Ashley submitted a £20 million bid to buy Sheffield United and remains in the running

Evening Standard

Debenhams boss could receive almost £150m bonus without vote if shares soar

It comes amid a bitter dispute between the leadership of Debenhams and significant shareholder Mike Ashley.

The Guardian - UK

Mike Ashley prepares to enter fight for Sheffield Wednesday with £10m bid

The former Newcastle owner has entered bidding process for Championship club which was put into administration by Dejphon Chansiri last month

Evening Standard

Frasers lowers goal for new bonus plan after boss misses £100m payout target

The Sports Direct owner revealed proposals for a new five-year bonus scheme with a lowered share price target, from £15 to £12.

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Evening Standard

Boohoo founder should be investigated over debt collection, says Mike Ashley

Mr Ashley’s Frasers Group – which owns an almost 29% stake in Boohoo – said it had ‘very serious concerns’ over reports about Mahmud Kamani’s conduct.

Tom’s Hardware

Major UK PC retailer, Ebuyer, bought out of administration by notorious backer — PC component listings mostly nuked in favor of furniture, garish iPhone cases, and air fryers as Frasers Group takes the helm

Long-time PC and component retail website, Ebuyer, has been bought out by Frasers Group, which owns House of Fraser, Game, and Jack Wills, among other companies.

The Guardian - UK

Alexander Isak, the final boss of this summer’s transfer window

In today’s Football Daily: Plenty of transfer parlance

The National (Scotland)

What new Ibrox chairman Andrew Cavenagh said as he addressed Rangers fans at EGM

New Rangers chairman Andrew Cavenagh addressed fans of the Ibrox club for the first time at an Extraordinary General Meeting in Glasgow today.

The Independent UK

Mike Ashley’s Fraser Group withdraws Revolution Beauty takeover bid

The beauty brand has faced significant challenges, with its shares recently plummeting to an all-time low amid tumbling sales

Evening Standard

Frasers pulls out of bidding for Revolution Beauty after mulling takeover

Frasers, the retail giant which owns Sports Direct and Flannels, said it ‘now confirms that it does not intend to make an offer’ to buy the business.

Evening Standard

Frasers Group considers takeover deal for Revolution Beauty

Mike Ashley’s retail giant ‘is one of a number of parties conducting due diligence’ on the business.

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