Tax wtf27 Jul 2019 07:52
Sports Direct insisted that it would able to address the points raised by the Belgian tax authorities, but Chris Wootton, the deputy finance director, admitted that the company had to persuade its auditor Grant Thornton that was the case.
Addressing a half-empty meeting of analysts late on Friday and hours after it was scheduled to start, Mr Wootton said that the Belgian liability “comes in at the eleventh hour?.?.?.?and obviously we needed to get the auditors into that comfortable space, that we do not consider there is any probable material risk at this stage”.