Newcastle United and Sports Direct head honcho Mike Ashley is reportedly “serious” about taking over administration afflicted HMV.
British retail tycoon Mike Ashley, owner of Sports Direct, House of Fraser and Premier League club Newcastle United, is one of a “number of parties” to have made a bid to accountancy firm KPMG for music and entertainment retailer HMV, which is currently in administration, according to reports.
Sky Sources: Sports Direct founder Mike Ashley has held talks with music and entertainment industry suppliers to rescue HMV from administration
— Sky News Breaking (@SkyNewsBreak) January 20, 2019
Sky News reported that Ashley was “one of a handful of parties to lodge formal offers with KPMG ahead of a deadline on 15 January” and that a source close to him said he was “serious” about purchasing it to add to his retail portfolio.