10th Sep 2009 13:26
10th September 2009
Sports Direct International plc
OFT and SFO Investigations
Sports Direct International plc ("Sports Direct") confirms that it is assisting and cooperating fully with the Office of Fair Trading ("OFT") and the Serious Fraud Office ("SFO") in connection with investigations that they are carrying out.
The OFT has indicated that it is conducting an investigation into a suspected overarching agreement to dampen competition in the sports retail market.
As part of those investigations, representatives from the OFT and SFO are visiting Sports Direct's Head Office in Shirebrook today. Sports Direct cannot comment further on the investigations at this stage.
Sports Direct's philosophy is to promote competition in the sports and leisure market and its record demonstrates this. Sports Direct continues to offer best value to consumers.
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