All Sports Direct articles – Page 10
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News
Debenhams put up for sale following administration
Debenhams has been put up for sale after lenders took control of the department store group through a pre-pack administration.
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Cartoon
Retail cartoon: Debenhams faces Mike's lie detector
Patrick Blower’s take on Mike Ashley demanding members of Debenhams’ board take a lie detector test, as he tries to take control of the department store group.
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News
Debenhams' lenders poised to take control as Sports Direct spurned
Debenhams’ lenders are expected to take control of the department store group after conditions for further funding were not met and no deal was struck with potential buyer Sports Direct.
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News
Pre-pack looms as Debenhams shuns Ashley
Debenhams has rejected Sports Direct’s offer to underwrite a £150m equity issue, bringing the department store business one step to closer to pre-pack administration.
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News
Ashley offers to underwrite Debenhams equity issue
Sports Direct boss Mike Ashley proposed to underwrite a £150m equity raise for existing Debenhams shareholders but has also called for members of the department store group’s board to take a lie detector test.
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News
Sports Direct urges Debenhams shareholders to revolt
Sports Direct has piled further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline.
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News
Debenhams to Ashley: Back us or it's an administration
If Debenhams cannot strike an agreement with top shareholder Mike Ashley, a pre-pack administration is likely.
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News
Update: Ashley lashes out as Debenhams refinancing plans backed
Mike Ashley has slammed Debenhams advisers after bondholders backed the embattled retailer’s £200m refinancing plans.
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News
Sports Direct considers £61.4m offer for Debenhams
Sports Direct is weighing up an offer for Debenhams that would value the department store group at £61.4m.
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Opinion
Opinion: Debenhams vs Mike Ashley – who to back?
It is beyond belief that Debenhams has constantly slammed the door shut on Sports Direct tycoon Mike Ashley’s attempts to help it through its difficulties.
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News
Sports Direct mulls cash bid for Debenhams
Sports Direct is considering making a cash offer for Debenhams in its latest attempt to gain control of the ailing business.
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News
Sports Direct slams Debenhams over rejected Magasin bid
Sports Direct has hit out at Debenhams’ board for rejecting its £100m offer for Magasin Du Nord and for failing to engage in discussions with the business.
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News
Update: Battle for Debenhams heats up
Debenhams has secured a £200m funding injection as the business battles to secure its future amid the overtures of Sports Direct.
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News
Mike Ashley rules out buying Arcadia ‘even for £1’
Sports Direct owner Mike Ashely has launched an attack on Sir Philip Green, insisting he wouldn’t buy his Arcadia retail empire even “for a pound”.
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News
Game ramps up arena expansion in transformation plan
After posting its first-half results, Game is focusing on its transformation strategy bolstered by the expansion of its Belong gaming arenas.
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Video
Watch: Is Mike Ashley Debenhams' only hope?
Mike Ashley is attempting to seize control of Debenhams. The team cuts through the noise to ask whether he represents its best chance of success.
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News
Sports Direct offers Debenhams £150m loan lifeline
Sports Direct has offered to bail out Debenhams with a £150m loan in exchange for additional equity in the business.
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News
Sports Direct reports 'misleading' Debenhams to FCA
Sports Direct has reported Debenhams to the FCA for the way in which it has communicated the health of its finances to the market.
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News
Debenhams in ‘advanced negotiations’ over £150m funding
Debenhams has said it is in “advanced negotiations” with existing lenders about obtaining an additional £150m worth of funding.
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Opinion
Opinion: Ashley won’t stop rattling Debenhams’ cage
Mike Ashley’s machinations continue with the mogul’s attempt to oust Debenhams’ board and appoint himself as chief executive.