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Former Rangers shareholder Mike Ashley 'to step down' as Sports Direct boss
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dailyrecord.co.ukRangers shareholder and Sports Direct boss Mike Ashley is to step down from leading his retail empire and hand the reins to his prospective son-in-law, according to reports.
The tycoon is expected to reveal plans to step back from his role as chief executive of Frasers Group to become deputy chairman on Thursday, the Telegraph has reported.It said he will be replaced in the top job by 31-year-old Michael Murray, who is engaged to Mr Ashley's daughter Anna.Mr Murray is currently "head of elevation" at the retail group, which also owns House of Fraser and Flannels, and has been tasked with modernising the business and creating a more upmarket image.However, the report also said sources told the newspaper that the famously mercurial retail.
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