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The Latest Breaking News from Mike Ashley

Mike Ashley's Frasers Group to relaunch Chain Reaction and Wiggle websites and look to continue MTB brands Nukeproof, Vitus and Ragley

After months of speculation, details emerged on the future of WiggleCRC and their in-house brands

Bike Perfect

Mike Ashley might get more hands-on again at Frasers after Matches disaster

City Comment: It’s possible Ashley is on the phone to son-in-law Michael Murray today — “Erm, son, just tell me again why that was a good idea?”

Evening Standard

Chain Reaction has finally run out of Wiggle room, but will we learn any lessons from the death of the 'world's biggest bike shop'?

What impact will the collapse of Wiggle and Chain Reaction really have? In this week's Bespoken Word column, Guy Kesteven sifts through the wreckage of cycling’s biggest retailer collapse disaster

Bike Perfect

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read the most diverse news in one place.

Would a Mike Ashley takeover of Wiggle be a ‘concern to the cycle industry’ or a ‘careful bit of business’? - Insiders weigh in as redundancies lead to trade brain drain

Struggling retailer has now axed nearly every member of staff after going into administration last year

Cycling Weekly

Mike Ashley victim of ‘abuse’ by US bank Morgan Stanley, high court hears

Frasers Group suing over $900m cash demand linked to bets placed on shares in German retailer Hugo Boss

The Guardian - UK

‘Big mausoleums of stuff’: Cheltenham is latest town to mourn loss of beloved department store

In an age when we love bagging bargains online, locals and experts in one of the UK’s most affluent towns debate whether there’s any future in high-street retailing

The Guardian - UK

The most hated people in football

Ranking the game's most loathed individuals

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Will Jim Ratcliffe’s stake in Manchester United lighten damp air at Old Trafford?

A minority shareholding can hold significant power but Jim Ratcliffe’s stake may not mark the beginning of the end for the Glazers at Manchester United

The Guardian - UK

Frasers Group warns of ‘softening’ in global luxury market as sales fall

Cost of living crisis partly responsible but total sales at Mike Ashley’s company rise

The Guardian - UK

Hibs and Dundee should be wary of 'third force' promises amid feeder club fears

Fans of Hibs and Dundee will know that outside investment isn't always something to get excited about...

The National (Scotland)

Fridge magnate: John Roberts, the man who founded AO World ‘for a bet’

The boss who sells us appliances by the thousand is chilled about Mike Ashley’s stake in the company, but hot on recycling and the need for the rich to give back

The Guardian - UK

Former Sunderland chairman Sir Bob Murray on Newcastle, sportswashing and football’s forgotten roots

Sir Bob Murray has written a book, I’d Do it All Again, about what the game is supposed to be and what it represents in an age where state ownership is eroding football’s community foundations

The Independent UK

Geoffrey Boycott: Everybody in Newcastle hates Mike Ashley amid Headingley links

The PA news agency understands the Frasers Group, where Ashley is chief executive, is one of the parties interested in purchasing Headingley.

The Independent UK

Retail titans are going on a canny shopping spree

If current trends continue there will be two titans fighting over the scraps of fashion retail: Simon Wolfson and Mike Ashley.

Evening Standard

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The National (Scotland)

Ex-Rangers defender details why he wants old club to lose

The defender was one of the 'Newcastle Five' who joined the Ibrox club when Mike Ashley was involved.

The Guardian - UK

How the Saudi Arabian takeover changed Newcastle United

Staff morale has improved and the women’s team have been made fully professional – but there is still a deafening silence on human rights issues

Chronicle Live

Newcastle United evening headlines with new international scouting plan and Saint-Maximin future

All the latest Newcastle United news as the Magpies look to take the next steps in the transfer window

Chronicle Live

Mike Ashley accounts confirm Newcastle takeover price truth and his huge nine-figure profit

Newcastle United's current owners bought the club from Mike Ashley back in October, 2021 and new financial accounts have revealed how much the billionaire made from the deal

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Chronicle Live

Alan Pardew insists Newcastle have 'clout' to go to 'next level' as he makes Mike Ashley admission

Pardew spent four years in charge of Newcastle between 2010 and 2014

Birmingham Post

Rio Ferdinand, Mike Ashley and the maker of Hollyoaks: The 17 latest North West deals

BusinessLive has rounded up some of the latest top deals you should not miss

The Guardian - UK

Mike Ashley’s Frasers Group buys 5% Boohoo stake in online shopping spree

Sale adds to flurry of investments by owner of Sports Direct, including in Currys, AO and Asos

Manchester Evening News

Mike Ashley's retail empire buys into fashion giant Boohoo

Frasers Group recently invested over £75m to become AO's largest shareholder

The Guardian - UK

Mike Ashley stretches the edges of Frasers’ ‘ecosystem’ with AO World stake

Strategically questionable 18.9% stake in the white goods seller suggests the Sports Direct founder still can’t resist a punt

Manchester Evening News

Mike Ashley's retail empire buys £75m stake in electricals giant AO

Frasers Group has snapped up a number of Manchester companies over the last year or so

The Guardian - UK

Mike Ashley’s Frasers Group takes 19% stake in AO World

Move to buy £75m of shares in UK’s biggest seller of large domestic appliances

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