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Sports Direct confirms 'continued interest' in BHS jobs and stores

Published 13/06/2016

Sports Direct is interested in a deal for BHS stores and jobs
Sports Direct is interested in a deal for BHS stores and jobs

Sports Direct has written to BHS administrators to try and save parts of the collapsed retailer.

A Sports Direct spokesman said: "We can confirm that we have a continued interest in BHS and that we have written to the administrator seeking to re-open a dialogue about saving a number of jobs and stores along with the BHS name."

It comes after administrators to the department store chain called time on trying to find a buyer earlier this month, resulting in the loss of up to 11,000 jobs and leaving behind a £571 million pensions black hole.

The administrator Duff & Phelps received an email from Sports Direct on Friday. It has made no comment.

The email showed there was an interest in BHS but it was not a formal bid.

It is believed the administrator will be writing to Sports Direct on Monday requesting details of a formal bid.

Sports Direct boss Mike Ashley told the Business Select Committee last week that he had hoped to buy BHS, prior to its collapse.

He said: "One hundred percent I wanted to buy BHS. It's a logical fit with Sports Direct because of the extreme value that Sports Direct is known for.

"I'm not a saint, but you could have made a success of that business."

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