Leicester City and JD Sports probed by watchdog over merchandise

JD Sports has appointed Helen Ashton, the former CFO of Asos, as a non-executive director, with immediate effect.d retailer JD Sports has been launched over the sale of merchandise.
Ashton has also held executive level roles in ASDA, Barclays and Lloyds Banking Group and CEO positions in high growth private equity backed businesses.
// Leicester City and JD Sports are under investigation by competition regulator
// The investigation is into suspected breaches of competition law and suspected infringements of commercial agreement legislation

An investigation into Leicester City and retailer JD Sports has been launched over the sale of merchandise.

The probe is into suspected breaches of competition law and suspected infringements of commercial agreement legislation by Leicester City Football Club and the retailer.

The club and JD Sports said they were “fully cooperating” with the probe.


READ MORE: JD Sports snaps up stake in Hairburst as it moves into the beauty market


A statement from the CMA said: “At this stage the CMA believes that it has reasonable grounds to suspect one or more breaches of competition law. The CMA has not reached a view as to whether there is sufficient evidence of an infringement of competition law for it to issue a statement of objections or, ultimately, an infringement decision, to any party under investigation.”

“Not all cases result in the CMA issuing a statement of objections or an infringement decision.”

A spokesperson for Leicester City said: “Leicester City Football Club takes its obligations to comply with competition law very seriously and is fully cooperating with the Competition and Markets Authority in respect of the investigation.”

The probe into Leicester City and JD Sports comes less than a year after the regulator launched an investigation into price fixing of replica Rangers football kits sold by JD Sports and other retailers.

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