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Mike Ashley set to step down from Sports Direct - The Telegraph

08/03/2021 | 03:53pm EDT
FILE PHOTO: Premier League - Tottenham Hotspur v Newcastle United

(Reuters) - Mike Ashley, the Sports Direct billionaire, is preparing to step down as chief executive of his retail empire and hand control to his prospective son-in-law, the Telegraph reported https://www.telegraph.co.uk/business/2021/08/03/mike-ashley-set-step-sports-direct on Tuesday

The 56-year-old is expected to take the role of deputy chairman of Frasers Group in an announcement that may come as soon as Thursday, the report added.

(Reporting by Akriti Sharma in Bengaluru; editing by Jonathan Oatis)


© Reuters 2021
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