Mike Ashley buys long-time rival's sports business

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Sports Direct owner Mike Ashley buys long-time rival's gym and fitness business out of administration

Billionaire businessman Mike Ashley has bought the gym and fitness business from his rival and long-time critic Dave Whelan after they fell into administration.

Frasers, which also owns Lillywhites, Evans Cycles and House of Fraser, said the DW business would"compliment " its own gym and fitness club portfolio, and would now be managed under its Everlast brand. Mr Ashley, who has been buying up struggling High Street brands over the last five years, has had a feud with DW Sports' owner, Mr Whelan, dating back two decades.Dave Whelan has been in a feud with Mike Ashley dating back two decades

During the year ending 31 March 2019, DW had gross assets of almost £195m but made a loss of just over £20m.

 

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This man treats his workers like cattle and idiots are praising him. If you think hes such a great employer and buisnessman why won't you all work in Sports Direct?

shows money doesn't buy happiness but money does buy pies what made him happy

Obs been boozing with Brucie - both looking a few stone heavier after the end of season break! 🤣

Got to love Mike

Maybe he will run a gym that is affordable to all and not the inverted snobbery of the company he has taken over

Funny...a fat guy buying gyms...well, let’s hope he uses the shit out of all that equipment, huh?

Cue the outcry by socialists and left liberals

More fake goods on the shelves to come 🙄

The Sunday Market trader is gonna own us all and then asset strip the place. Oh wait, didn't the EU do that to us already 🙄

more pies for the pieman more malpractices concerning workers rights

I’m glad a business can be saved & therefore jobs , but given his reputation as an employer ... WILL the Gym instructors & personal trainers be chained to the treadmills to generate electric & keep the ✨LIGHTS ON✨⁉️....🤔

I won’t be using them then.

I don’t want to go to a gym where all the machines are piled high, you can’t find anything and the staff are rarer than hens’ teeth.

You can nearly hear him saying 'up yours!' 😯

Tosser damages my feet by buy company’s out and making products cheep shit cheers

The BBC promotes and protects paedophiles. DefundTheBBC

Oops.

That’s his thing, no surprises there

People slating him but the failing brand was going to close and suffer many job losses. He will hopefully save some of those jobs. He has the wealth to weather the storm, seems like good business sense. After all, how many of his critics on here are worth billions? Not many🤔

What could possibly go wrong !!!

Carpetbagging shyster.

Well done Mr Ashley..saved some jobs 👍

People slag him off he is a smart business man and is savong jobs

Sports Direct, now there’s quality!

Could buy businesses but couldn’t invest in NUFC sounds about right 🙄🙄🙄🙄🙄

A face only a mother could love.

He will drop the ball eventually

Think Fatty needs to go to one of his new gyms himself

Are all these rich folk that fat

My favorite store👍🏻.

I hate Sports Direct they employ youngsters on 0 hour contracts and treat them like shit, plus if you buy anything in there and it doesn’t fit you don’t get a refund you get a credit voucher!

Now you know the worlds fucked

Think Fatty needs to go to the gym instead of buying them

Why do you never report on things that have an impact on all our lives, like How Johnson got back from Scotland, if it was on Le Grand Bleu, it is of major public interest, what that fat cvnt buys and sells is not.

He is the owner But his is a fatty Better buy one mc Donald's

Good on him

Brilliant man saving companies 👏 👍

Хорошего спортсмена должно быть много 😂😂😂

Vulture

Another one bites the dust

He's a great advert for sports and fitness, not to mention gym

KING is KING with or without Queen. Remember that. Follow TipsQt

Lol, another business which will be asset stripped and vanish like Magic!

He seems to be buying everything.

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