Partner Article
Mike Ashley’s Sports Direct HQ searched by police amidst Rangers investigation
Newcastle United and Sports Direct owner Mike Ashley has had his company’s Derbyshire headquarters searched by police, as part of an investigation in takeovers at Rangers Football Club.
Ashley, who owns almost 9% of the Scottish club, is in charge of Rangers’ retail operations and his influence at the club has significantly grown this year, lending the club £10m in January.
Latest news may fail to surprise many Rangers fans, as controversy seems to have become synonymous with the club in recent years.
Craig Whyte assumed control for £1 in May 2011 with Rangers entering administration the following February for failing to pay £14m in tax.
Whyte was later arrested in an ongoing police investigation into his takeover, subsequently receiving a ban from being a company director.
Charles Green consortium later took control when Rangers entered the Third Division, with Sports Direct beginning their merchandising deal with the club in August 2012.
Police Scotland told the BBC: “We can confirm that officers carried out a search of a property in Derbyshire.
“As this is part of a live inquiry, it would be inappropriate to comment further.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
The real value of AI is the time it gives back
Breaking the magnetic pull of London
AI scepticism is healthy. Inaction isn't.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?