Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Standard Life puts pressure on Sports Direct

Standard Life Investments is increasing pressure on Sports Direct over Mike Ashley’s control of the business.

In its annual stewardship report Standard Life said it would continue to call for changes on the influence of Ashley over Sports Direct, according to The Telegraph.

The report said: “We have been concerned for some time about governance arrangements at Sports Direct. The board lacks independence and the non-executive directors lack the appropriate skills and experience to enable robust challenge of the executive team, particularly the founder and major shareholder Mike Ashley.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.