Greater Manchester home shopping group Findel has decided not to appoint Sports Direct founder Mike Ashley as chairman, but said discussions surrounding the controversial tycoon's role on the board are "ongoing. " Moves are underway to appoint an independent executive chairman. Earlier this month, Findel was in talks with Sports Direct for a "commercial supply arrangement." The company is also considering appointing a non-executive director who would be responsible for overseeing its retail business, which includes sports and entertainment stores such as Argos and Boots.
Greater Manchester home shopping group Findel has decided not to appoint Sports Direct founder Mike Ashley as chairman, but said discussions surrounding the controversial tycoon's role on the board are "ongoing." Moves are underway to appoint an independent executive chairman. Earlier this month, Findel was in talks with Sports Direct for a "commercial supply arrangement." Findel has confirmed there is still merit in the collaboration, but said in a statement that "Sports Direct is unwilling to take this forward until the role of Mike Ashley... is clarified."