Sports Direct chief executive Dave Forsey and finance director director Bob Mellors sold £6.46m worth of shares in the company yesterday.

Both exercised the option granted to them in Sports Direct’s Executive Bonus Share Scheme to buy one million shares at 10p each and then promptly sold 950,000 of them for 680p, pocketing £6.46m.

Both Forsey and Mellors, who have long been founder Mike Ashley’s right hand men, now hold 50,000 shares, or 0.01%, in the sports giant.