Sports Direct in chaos with no new auditor in time for AGM
The Big Four audit firms have turned down the job, with one analyst saying it shows both Mike Ashley and Sports Direct’s reputation precedes them
11 September 2019 - 17:18
Billionaire Mike Ashley failed to appoint an auditor in time for Sports Direct International’s AGM on Wednesday, throwing the UK retailer deeper into chaos.
Sports Direct has been racing to find a replacement for Grant Thornton, which quit as auditor in August following the company’s delayed posting of annual results because of a last-minute $749m tax bill. The Big Four auditing firms have turned down the role, citing conflicts of interest...
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