• Register
Return to: Home > News > Challenger firms being wooed by Sports Direct

Challenger firms being wooed by Sports Direct

Press reports in the UK have named Mazars, BDO and MHA Macintyre as among the firms holding talks with retailer Sports Direct International to replace Grant Thornton as auditor. None of the Big Four were prepared to take the business on – all of them cited potential conflicts.

According to the Evening Standard, MHA Macintyre Hudson expects to tender for the business ‘in the coming weeks’.  MHA chairman Rakesh Shaunak is reported by the paper to have said: “We have had initial conversations not with Mike Ashley but his emissaries. We expect to take part in the tendering process, although we want to know the full reasons why Grant Thornton quit.”

BDO is reported to have turned the work down after having been approached, said The Financial Times, by executives from Game, the video game retailer that Sports Direct took over in June. BDO has been Game’s auditor since 2016.

The FT said Mazars has held “more than one conversation” with Sports Direct since Grant Thornton’s announcement.

Top Content

    Brazil: regulation and technology form basis for recovery

    Opportunities in the capital markets and the ever-growing influence of technology are expected to have a significant impact on the Brazilian accounting profession over the next 12 months, writes Paul Golden.

    read more

    Mentoring support and the opportunity to delegate

    Jon Lisby will be known to many from his former role as CEO of Kreston International. Here, he explains the background to his new venture, Global Alliance Advisory Services (GAAS), and how he aims to offer support to alliance CEOs.

    read more

    Global by name, global by nature

    Stephen Heathcote became chief executive officer of PrimeGlobal on 1 June 2019. Robin Amlôt met him to discuss the various new challenges that he has taken on, and his ambitions for the association.

    read more

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.