.

Sports Direct sells its Shirebrook headquarters

The company will still operate from the site though.

Sports Direct has confirmed the sale of its Shirebrook headquarters in a 120 million pound deal with a Malaysian pension fund.

Mike Ashley's discount sportswear retailer will take a 15-year lease and continue to operate from the site.

It comes amid speculation the tycoon is looking to take over further troubled retailers.

More from Local

Cover art for Stack It Up (Feat. A Boogie Wit Da Hoodie)

On Air

Total Access: Olivia Jones playing Liam Payne - Stack It Up (Feat. A Boogie Wit Da Hoodie)