Mike Ashley-backed Goals Soccer Centres to hire Deloitte to explore options

The Mike Ashley-backed company said Deloitte will work with the company's current advisers to plan for potential actions the board may consider following its discussions with HMRC.

Mike Ashley-backed Goals Soccer Centres to hire Deloitte to explore options

(Reuters)

Talks with the HMRC relates to the potential "misdeclaration" of value added tax (VAT) that came to light during an ongoing investigation into the company's historic accounting policies and practices.

The AIM-listed company, which suspended trading in its shares in March after identifying the tax error, also said it appointed Mike McGill as interim chief financial officer to replace Martin Johnson.

Sky News had earlier reported that the company is preparing to launch a sale process within months and that it hired Deloitte to advise on it's future.

Mike Ashley's Sports Direct International Plc holds 18.9% in Goal Soccer.

(Reporting by Yadarisa Shabong and Sangameswaran S in Bengaluru; Editing by Shailesh Kuber)


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Source: Reuters


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