Sports Direct shareholders to vote on whether Mike Ashley's brother should be allowed to pocket £11MILLION in backdated pay



Sports Direct is holding a special general meeting to determine whether the company bosses's brother can receive £11million in backdated pay.
Millionaire boss Mike Ashley's brother, John Ashley is, according to a review by a law firm, owed the money by Sports Direct for his role in the company's development since its flotation in 2007.
Mike Ashley said: 'I fully expect that independent shareholders will vote against this proposal due to the passage of time involved, although in my opinion, technically the money is owed and therefore should be paid.' 
A joint report by law firm RPC and... read more

 
24 November 2017 in Business, Views: 47
Source: Daily Mail
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