Sunday, December 20, 2015

Sports Direct boss Mike Ashley braced for another week in the headlines

The once-reclusive chief will be back in the limelight again when he battles to place a representative on the board of his latest acquisition

Hard to believe, but Mike Ashley was once seen as something of a recluse, with just one snapshot of him in circulation which was endlessly recycled by the media.

Now he can’t keep out of the headlines. Last week it was announced he would take charge of a review of working conditions for Sports Direct’s agency employees following a Guardian investigation which showed thousands were effectively receiving hourly rates below the minimum wage. Earlier, MPs lined up to criticise the business while hedge fund manager Crispin Odey, previously a fan, said Ashley was “difficult to house-train”.

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from Mergers and acquisitions | The Guardian http://ift.tt/1IhcxZw

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