Bonus scheme plan for retailer.BILLIONAIRE sportswear retailer Mike Ashley Mike Ashley could refer to:
The firm, which owns the Sports World Sports World are a British sports Retailer, formerly called Sports Soccer. Founded in the late 1970's by former county squash coach Mike Ashley, the group Sports World International is now the UK's largest retailer of sports clothing and accessories. chain, could give staff a windfall of free shares worth an average pounds 25,000.. The bonus scheme would kick in if the company posts more than pounds 200m in underlying profits by the 2010/11 financial year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the report. This would represent a 50% increase on the performance expected this year, with Sports Direct on track to make profits of around pounds 135m in the 12 months to the end of April. The scheme is an attempt to recreate the entrepreneurial spirit of the firm before Sports Direct listed in 2007, with staff working harder to gain big rewards. Mr Ashley is also trying to sell relegated football club Newcastle United.. CAPTION(S): Mike Ashley |
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