All the updated news related to mike ashley

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City

Mike Ashley to step down from Frasers board

Mike Ashley is to step down from the board of Sports Direct owner Frasers Group next month, 40 years after founding the retail empire. The billionaire retail tycoon will step down as a director after the group’s annual shareholder meeting on October ...

20 Sept 2022 at 12:01

City

Mike Ashley: Who is the controversial retail magnate?

Billionaire Mike Ashley is one of the most recognisable men in British business after building a sprawling high street empire and owning a Premier League football team for more than a decade. However, the Sports Direct founder is planning to step ...

20 Sept 2022 at 14:21

City

Mike Ashley’s Frasers Group delivers profit surge but warns over cost of living

Sports Direct’s parent firm, Frasers Group, has swung to a bumper profit for the past year and expects this to surge further, despite warning over the cost of living and supply chain pressures. The Mike Ashley-founded business hailed a strong ...

21 Jul 2022 at 09:00

Football

Eddie Howe wants to help rebuild Newcastle on and off the pitch

Newcastle boss Eddie Howe wants to rebuild Newcastle off the pitch as well as on it as he plots a path to lasting success. The Magpies have high hopes for the future under their new, wealthy owners but Financial Fair Play rules and the need ...

16 Apr 2022 at 23:55

Football

On this day in 2005: Kevin Keegan and Manchester City part ways

Kevin Keegan left Manchester City by mutual consent on this day in 2005 as Stuart Pearce took over first-team affairs until the end of the season. Keegan’s spell in charge came to an end after three years and 10 months, with City 12th in ...

11 Mar 2022 at 07:25

City

Mike Ashley’s Frasers buys Studio Retail out of administration for £26.8m

Mike Ashley’s Frasers Group has bought online retail business Studio Retail out of administration, saving 1,500 jobs, it said. The company behind Sports Direct and Evans Cycles bought the firm for £26.8 million after it went bust ...

25 Feb 2022 at 11:25

Mike Ashley secures Times apology over ‘protected’ phone records allegations

A newspaper publisher has apologised to billionaire businessman Mike Ashley and agreed to pay him damages over “untrue” allegations that his phone records were “protected” during a High Court battle. The former Newcastle United ...

02 Mar 2022 at 13:25

Football

Newcastle owners pumped £167.9million into club after takeover

Newcastle’s new owners have reported a reduced loss after tax of £12.2million and have pumped in £167.9m since their arrival, the club’s latest financial statement has revealed. Figures for the 11 months to June 30, 2021, ...

17 May 2022 at 19:25

City

Mike Ashley’s Frasers Group buys Missguided out of administration

Mike Ashley’s retail empire has snapped up troubled fast fashion brand Missguided in a rescue deal. The deal comes after Missguided collapsed into administration on Monday after suppliers accused the business of millions ...

01 Jun 2022 at 08:54

City

Mike Ashley-backed Studio Retail Group to file for administration

Studio Retail Group, which counts Mike Ashley’s Frasers Group as its biggest investor, is to hire administrators after failing to secure an urgent £25 million loan. The online retail business, which was known as Findel ...

14 Feb 2022 at 11:55

City

High street rivals JD Sports and Frasers sign £50m deal

Two high street rivals, JD Sports and the company behind Sports Direct, have struck a multi-million pound deal as Mike Ashley’s Frasers Group said it would buy 15 brands from its competitor. Frasers said that it had ...

16 Dec 2022 at 16:57

Football

Coventry handed eviction notice by new Coventry Building Society Arena owners

Coventry have been handed an eviction notice by the new owners of the Coventry Building Society Arena. Frasers Group, owned by former Newcastle owner Mike Ashley, took over the stadium in November and the Sky Blues ...

05 Dec 2022 at 15:14

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