Sports Direct owner Mike Ashley is re-elected to board...

The video discusses the challenges faced by Sportsdirect, focusing on the company's AGM where investor concerns were raised due to a significant tax bill and auditors quitting. Mike Ashley, the majority owner, faces criticism for his business strategy and personal style, as he attempts to revitalize the company by acquiring distressed retailers and moving upmarket. Despite the criticism, Ashley remains confident in his approach, betting on his strategy to succeed in the competitive retail landscape.

What major financial issue did Sports Direct face that led to auditors quitting?

• A £600 million tax bill

• A £100 million investment loss

• A £200 million lawsuit

• A £300 million debt

Why is it important for Sports Direct to have a robust team of directors?

• To handle customer complaints

• To stand up to the majority shareholder

• To manage the company's social media

• To oversee store renovations

What strategy is Mike Ashley using to counter the decline of the High Street?

• Increasing online sales

• Reducing product prices

• Closing down stores

• Buying distressed retailers

What is Mike Ashley's approach to running Sports Direct despite criticism?

• He will continue to run it his way

• He will step down as CEO

• He will change his management style

• He plans to sell the company

What is at stake for Mike Ashley and Sports Direct?

• The future of British retail

• The company's social media presence

• The number of store locations

• The company's online platform