Sports Direct founder says he will abstain from the vote but insists his brother should 'get paid' by the company
A number of influential independent shareholders have announced they will vote against Hellawell.
Jeffrey Blue sued the Sports Direct founder alleging he had not respected a deal made in a London pub.
Ashley's legal team states Jeffrey Blue's case against the Sports Direct owner is an 'opportunistic try-on'.
Sterling's post-Brexit depreciation sees first-half profits fall 57% as retailer caps off turbulent year.
Pearson is the second senior management figure to leave the troubled retailer in three weeks.
Theresa May has made corporate governance a priority after scandals at BHS and Sports Direct.
Footsie remains in the black despite the sharpest drop in manufacturing production for a year.
A government report accuses Sports Direct of subjecting employees to "appalling" work conditions.
MPs accuse Ashley of turning a blind eye to 'appalling' work practices at retailer's Shirebrook warehouse.
The FTSE 100 Index saw £15bn wiped off shares in the minutes after the Bank kept rates at 0.5%.
Mike Ashley's Sports Direct cuts bonuses and dividends after "disappointing" year
Sports Direct boss will appear at Westminster on 7 June but only if MPs visit company's headquarters before.
From kit suppliers to TV broadcasters, there are plenty of ways to invest in the English Premier League.
Majority stakeholder and deputy chair Mike Ashley admitted: "We're in trouble".
UK and European stocks relinquish gains as rebound in oil prices loses momentum.
British stocks lose further ground as FTSE records hefty weekly losses.
Sports retailer reveals its profit will be lower than expected this year.
Owner to personally oversee review after undercover investigation at Shirebrook warehouse.
Crisis deepens for Mike Ashley as MPs and City chiefs criticise Sports Direct boss.
UK leads the way with online shopping sales now over 12% of total retail sales.
Edmund Shing explains why Sports Direct is the best high street outfit to invest in right now.
Rugby World Cup has boosted Britain's high street performance.
One of the firm's biggest shareholders, Royal London Asset Management, issued a 'red alert'.