Sports Direct to reveal bonus plans

Press Association
Sports Direct
Sports Direct

Sports Direct International is expected to reveal more details of its plans to resurrect a contentious bonus scheme for founder Mike Ashley on Thursday, as 2,000 staff also prepare to land bumper share windfalls.

The Sports World business is set to outline the terms of a new bonus plan for Newcastle United owner Mr Ashley after a previous scheme, which would have delivered a potential £26 million payout, was withdrawn last summer after investors threatened to reject it in a shareholder vote.