Sports Direct faces accounts probe

The Financial Reporting Council (FRC) has begun an investigation into dealings between Sports Direct and its owner Mike Ashley's older brother, which it says have not been declared. The Financial Reporting Council, which regulates British companies’ accounts, says it has opened the investigation after Shirebrook-based Sport Direct most recent annual results failed to mention a business relationship with Barlin Delivery, a firm owned by John Ashley. It was reported over the summer that Barlin acted as a broker for international del... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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