Odey hits out at Mike Ashley's Sports Direct over governance

Major Sports Direct shareholder Crispin Odey has criticised the FTSE 100 firm's 14-month delay in appointing a finance director as a "big concern".

Odey (pictured) told the Sunday Telegraph the ongoing wait means Sports Direct founder Mike Ashley has too much control over the company. The comments come despite Odey having been a vocal backer of Ashley in recent months. The manager reportedly supported plans to push through a controversial executive bonus scheme last year and previously described the Newcastle United owner as a “genius”. However, speaking to the paper, Odey said of the recruitment delay: “This puts too much power into one person’s hands. They have got to move quickly on this.” Odey Asset Management was Sports D...