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Brokers benched as Ashley picks Goldman for £100m stock sale

Mike Ashley, the billionaire owner of Sports Direct, has once again eschewed the leisurewear company's corporate brokers for the management of a large deal

Mike Ashley, the billionaire owner of Sports Direct, has turned to Goldman Sachs to manage a £100m sale of stock in his leisurewear company – once again opting not to pick the group’s corporate brokers to manage a big deal.

Earlier this month Espirito Santo Investment Bank replaced Bank of America Merrill Lynch as joint corporate broking for Sports Direct, alongside incumbent Oriel Securities.

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