Thursday, May 24 2012

Partly Sunny Dublin Hi 21 °C | Lo 10°C

European

Newcastle owner lands McGreevy for board

By Nick Webb

Sunday April 03 2011

Former Fianna Fail finance minister and EU Commissioner Charlie McCreevy has picked up another part-time job that could pay him almost €60,000 per year.

Mr McCreevy has just joined the board of €1.2bn-valued SportsDirect, the shiny-tracksuit company headed up by controversial Newcastle United owner Mike Ashley.

Mr McCreevy was forced to stand down as a director of financial buyout firm NBNK over a potential conflict of interest last year. He is also a non-executive director of Ryanair and joined the board of IFSC bank BNY Mellon last week.

SportsDirect, which owns a chunk of Heatons in Ireland, was investigated by Britain's Serious Fraud Office in 2009 over allegations it was operating a cartel with rival sports retailer JJB. The probe ended last October and no charges were brought against the firm.

- Nick Webb

 
 

Partners

Dating

Dating

Find your ideal match now. Register for free!

Independent Shopping

Independent Shopping

The best shopping deals at your fingertips - CDs, DVDs, electronics, household and more.

E-Paper

E-Paper

Read the Irish Independent in print format online



Highlights

Independentwoman.ie

Independent Woman

A fresh, fun site featuring celeb gossip, fashion, beauty, love & sex, and health & fitness.

Findajob.ie

Job search

Search for jobs by keyword, category, or location.

College

Third Level College

Diploma, Degree, Postgraduate and Professional Courses

Yourlocal.ie

Directory

Wherever you are... Find what you're looking for on Yourlocal.ie.

GrabOne

GrabOne

Daily Deals: Find the best things to do, see and eat in Ireland

More in European (1 of 6 articles)

Debt crisis: EU summit fails to provide answers for eurozone

Read more »