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

Sir Tom Hunter buys shares in Sports Direct

Entrepreneur Sir Tom Hunter has bought a £1m stake in Sports Direct.

Hunter bought 392,156 shares at 255p from Sports Direct chief executive Dave Forsey and finance director Bob Mellors yesterday, only four weeks after Sports Direct’s acquisition of Hunter’s USC and Cruise businesses.

A spokesman for Hunter told The Guardian: “We did the deal and after that Tom said that he wanted to buy some shares in the company. He went to [Sports Direct] and asked what was the best way to do that. The purchase was not part of the [USC] deal.”

The share purchase comes as Sports Direct founder Mike Ashley calls for the chairman of Blacks, David Bernstein, to resign. Sports Direct owns 21% of Blacks.

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.