Sports Direct has defended the position of its property boss, Michael Murray, following media reports over his position within the business.
The retailer said Murray, the boyfriend of Sports Direct founder Mike Ashley’s daughter Anna, is not a director at the firm. In a statement the retailer said Murray has a consultancy arrangement with the company and is not paid a salary.
“Contrary to recent incorrect press reports, [he] is not a director of any company within the Sports Direct Group,” it said. “His remuneration is based solely on creating value, with the company’s non-executive directors overseeing an independent review annually and deciding, in their absolute discretion, how much of any increased value (up to a maximum of 25%) shall be paid to Michael.”
The business added that Murray heads up the company’s property team for the UK and internationally, which is tasked with finding new sites for both its larger format stores and combined retail and gym units.