Retail tycoon Mike Ashley has reportedly made a bid for sports empire DW Sports, in a move that could save more than 1,000 high street jobs.
Frasers, formerly known as Sports Direct, has offered administrators more than £30million for the chain, which collapsed into administration on August 3.
Its administrators, BDO, are said to be asking for around £20million for the ailing company, according to the Sunday Times. The move follows a series of deals Ashley has made for the high street, including Jack Wills and House of Fraser in recent years.
DW Sports, which is owned by Wigan Athletic owner Dave Whelan, operates 73 gyms and 75 retail sites across the UK. The company fell into administration a fortnight ago, placing 1,700 employees at
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