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Tag: Sports

Russia faces ban from all major sports events – Wada

Russia faces ban from all major sports events – Wada

Sports
Russia could face a ban from all major sports events over "discrepancies" in a lab database, the World Anti-Doping Agency has warned.The country has been given three weeks to explain "inconsistencies" or risk being excluded from the Olympics and world championships.Russia also faces being barred from hosting major events. "There's evidence this data has been deleted," chairman of Wada's compliance panel, Jonathan Taylor, told BBC Sport."We need to understand from the Russian authorities what their explanation is."Background Russia handed over data from its Moscow laboratory in January as a condition of its reintegration back into the sporting fold after a three-year suspension for a state-sp...
Sports Direct faces £605m tax bill and ‘terminal’ problems at House of Fraser

Sports Direct faces £605m tax bill and ‘terminal’ problems at House of Fraser

Business
By John-Paul Ford Rojas, business reporter Sports Direct says it is facing a €674m (£605m) tax demand from Belgian authorities - as boss Mike Ashley warned that problems at House of Fraser were "terminal".Mr Ashley also warned of more store closures at House of Fraser and expressed apparent regret for buying it, as Sports Direct published a much-delayed set of full-year financial results. The tycoon used the results statement to deliver a stark assessment of the problems his business is facing as well as venting at length about those he blames for them.He warned that the acquisition of House of Fraser had "led to significant uncertainty as to the future profitability of the group as a whole".Meanwhile, the group said its chief financial officer Jon Kem
Sports Direct shares slip as House of Fraser weighs on results

Sports Direct shares slip as House of Fraser weighs on results

Business
Shares in Mike Ashley's Sports Direct have dived more than 10% after the retailer said it had delayed the publication of its annual results.The company, whose shares trade on the FTSE 250, blamed problems integrating its purchase of House of Fraser (HoF) stores last summer and increased scrutiny of its accounts. It added that this could affect its financial forecasts. Image: House of Fraser was bought by Mr Ashley in August last year Sports Direct had been due to publish results for the year to 28 April on Thursday but said it now expected to release them between 26 July and 23 August.Its statement said: "The reasons for the delay are the complexities of the integration into the company of the House of Fraser business, and the current...
Coronation Street’s Kym Marsh flashes abs in world’s tiniest sports bra

Coronation Street’s Kym Marsh flashes abs in world’s tiniest sports bra

Entertainment
The Coronation Street star has her hands full at the moment, celebrating the birth of her very first grandchild last month. But in between grandma duties, Kym Marsh somehow still found the time to squeeze in a workout this week. The 43-year-old doesn’t need the gym to stay in shape – instead, she knows how to work up a sweat without leaving the house. Sharing a post-workout selfie with her followers, the actress put her super-toned figure front and centre in a skintight sports bra.  Related Articles She said: “Excuse the red face and the sweaty top but hey... no one looks pretty when kicking their own a**!”The soap star, who played Michelle Connor before leaving the show earlier this year, added: “Couldn’t get to the gym so at home workout for me!”  She fin
Mike Ashley’s Sports Direct challenges Debenhams turnaround

Mike Ashley’s Sports Direct challenges Debenhams turnaround

Business
Mike Ashley's Sports Direct has launched a last-minute legal challenge to Debenhams' restructuring plans.Debenhams rejected two last-ditch takeover offers from Sports Direct before the keys to its shops were handed over to its lenders.Now Sports Direct has turned to the courts in a bid to overturn a company voluntary arrangement (CVA) that would see Debenhams closing 50 stores.Debenhams has called the challenge "spurious".A CVA is an insolvency process that allows a business to reach an agreement with its creditors to pay off all or part of its debts.Sports Direct mounted its complaint on Monday night, just hours before a standard 28-day window to appeal against the CVAs expired.It followed a decision by Debenhams' creditors on 9 May to try to improve the...