By Frances Ivens2019-03-08T12:36:00
Sports Direct has moved to oust all the members of Debenhams board, bar one, and appoint Mike Ashley to an executive role.
In a statement the Sports retailer, which owns a near 30% stake in Debenhams, issued a statement saying that if appointed Ashley would step down from his current roles as a director and chief executive of Sports Direct.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.