Mike Ashley clashed with the City again yesterday after about a third of Sports Direct’s independent investors voted against his re-election at the company’s annual meeting.
The tycoon still controls just under 63 per cent of the retailer, making it practically impossible for investors to oust him. Nevertheless, just over 9 per cent of Sports Direct shareholders who voted at the AGM rebelled against his re-election.
Mike Ashley clashed with the City again yesterday after about a third of Sports Direct’s independent investors voted against his re-election at the company’s annual meeting.
The tycoon still controls just under 63 per cent of the retailer, making it practically impossible for investors to oust him. Nevertheless, just over 9 per cent of Sports Direct shareholders who voted at the AGM rebelled against his re-election.
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