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Sports Direct Issues Annual Results – They Do Pay For Newcastle Advertising

Sports Direct have issued their annual results just in the nick of time. It appears as though they do pay Newcastle United £2m a year in advertising rights.

Mark Douglas of the Chronicle has just sent out the following tweet.

They also are due to pay an enormous amount in taxes according to the tweet below.

It’s been a bad day all around for Mike Ashley and Sports Direct as the delay in issuing the results has led to a lot of consternation in financial circles.

Some top financial and news outlets have published articles announcing their astonishment at the actions taken by Sports Direct.

Here are links to a few of the articles about what has transpired today with Sports Direct and the possible implications for the company.