Mike Ashley leaves his retail empire: Sports Direct founder quits Frasers
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Mike Ashley leaves his retail empire: Sports Direct founder quits Frasers


Mike Ashley will resign as director of the group responsible for the mega-retail brands Sports Direct and House of Fraser.

Mike Ashley (pictured above with wife Linda in June 2016) is to stand down as a director of the group behind mega retail brands Sports Direct and House of Fraser but will continue to advise

Mike Ashley (pictured above with wife Linda in June 2016) is to stand down as a director of the group behind mega retail brands Sports Direct and House of Fraser but will continue to advise


Tuesday, Frasers Group announced that Mike Ashley will not seek re-election as a director at the company’s annual general meeting (AGM) and will thus resign from the board upon the end of the AGM on October 19.

Additionally, Frasers Group owns Game, Evans Cycles, and Jack Wills.

This news is breaking. We will provide you with additional information when it becomes available.

Michael Murray (right), who is  married to Sports Direct founder Mike Ashley's daughter Anna (left), took over the reins last year and Ashley is now expected to stand down as a director

Michael Murray (right), who is  married to Sports Direct founder Mike Ashley's daughter Anna (left), took over the reins last year and Ashley is now expected to stand down as a director

Mike Ashley will resign as chairman of the company that owns Sports Direct and House of Fraser.

Michael Murray, 32, is the son of a Doncaster property baron and former nightclub promoter

Michael Murray, 32, is the son of a Doncaster property baron and former nightclub promoter



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