Nov 8, 2021
JD Sports angry at secret filming of its boss
JD Sports has attacked what it called the "Highly irregular and potentially illegal covert surveillance" of its executive chairman, Peter Cowgill. JD Sports bought Footasylum for £90m in April 2019 but was last week ordered to sell the firm by the competition watchdog. JD Sports said on Monday: "Peter Cowgill has known Barry Bown on a business and personal basis for over 25 years."As a result, it is not unusual, or in any way suspicious or illegitimate, for them to meet from time to time, including in relation to the ongoing review by the Competition and Markets Authority of JD's acquisition of Footasylum Limited. JD Sports said the CMA had been fully informed about the meeting, which took place on 5 July.The company also said: "It is disappointing that the Sunday Times has not reported in a more balanced way on the highly irregular and potentially illegal covert surveillance undertaken by a third party for their own interests," the statement continued. Last week, following an in-depth investigation, the CMA ruled that the takeover of Footasylum by JD Sports could lead to a "Worse deal" for customers.
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