Mike Ashley says he was responsible for covert surveillance footage that contributed to the exit of former JD Sports chair Peter Cowgill. Ashley, the founder of Sports Direct, acknowledged that people working for him arranged the filming in 2021. The video shows Cowgill meeting Barry Bown, the boss of Footasylum. At the time, JD Sports was in the process of acquiring Footasylum, and the two companies were not allowed to exchange commercially sensitive information as part of the acquisition. The reporting says the footage was recorded without Cowgill’s knowledge and later played a role in raising concerns over the propriety of interactions between the parties during the deal period. Both outlets describe Cowgill’s secret meeting in a car and the contemporaneous acquisition activity as central elements of the dispute. The accounts focus on Ashley’s admission of involvement in commissioning the recording, while outlining the transactional context in which the meeting occurred and why the information-sharing rules were relevant.
Mike Ashley admits arranging covert video involving JD Sports chair Peter Cowgill
Mike Ashley says he was responsible for covert surveillance footage that contributed to the exit of former JD Sports chair Peter Cowgill. Ashley, the founder of Sports Direct, acknowledged that people...
- Mike Ashley says he was behind the covert surveillance footage involving Peter Cowgill.
- The footage was recorded in 2021, showing Cowgill meeting Barry Bown in a car.
- Barry Bown leads Footasylum, and Cowgill was linked to JD Sports during the period.
- JD Sports was pursuing the acquisition of Footasylum at the time.
- The sources say the companies were not permitted to share commercially sensitive information during the acquisition process.
Mike Ashley has admitted he was behind covert footage that helped trigger the downfall of former JD Sports executive chair Peter Cowgill. The Sports Direct founder said associates working for him recorded the 2021 footage of Cowgill meeting Barry Bown, then boss of Footasylum, while JD Sports was in the process of acquiring the footwear...
3 months agoSports Direct founder says people in his employ recorded footage of Peter Cowgill meeting another retail bossThe Sports Direct founder, Mike Ashley, has admitted to arranging surveillance footage that brought down his rival Peter Cowgill, the former JD Sports chair.Cowgill was secretly filmed in 2021 in a car talking with the Footasylum boss Barry Bown. JD Sports was in the process of acquiring the trainer retailer at the time and the two companies were not allowed to share commercially sensitive information. Continue reading...
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