Investigation Socios Chilizcorbett Off Thepitch is an independent news website that covers the business side of the beautiful game. From player transfers and club ownership to marketing and television deals, we aim to bring you the latest and most insightful stories from the world of football business.
In today’s article, we take a look at the little-known company that is providing the financial backing for one of the most controversial figures in the game, Mike Ashley.
Who are Socios Chilizcorbett?
Socios Chilizcorbett is a Mauritian-based investment company. According to their website, they are “committed to investing in and supporting African football and its associated ecosystem.”
One of their most notable investments to date has been in the eToro trading platform, which has become the main shirt sponsor of several leading clubs, including Liverpool, Atletico Madrid and Borussia Dortmund.
They have also invested in a number of African football clubs, including ASEC Mimosas in the Ivory Coast and Gor Mahia in Kenya.
What Is Their Connection To Mike Ashley?
In May 2018, it was reported that Socios Chilizcorbett had provided £3 million of funding to Better than Cash, a company set up by Mike Ashley.
Better than Cash is the owner of several controversial sports businesses, including Newcastle United FC, Rangers FC and Sports Direct.
It is not known exactly what the £3 million was used for, but it is thought that it was to help finance Ashley’s takeover of Rangers FC.
Why Are They Controversial?
Socios Chilizcorbett’s involvement with Mike Ashley has led to them being labelled as ‘controversial’ by some.
This is because Ashley has a long history of controversial business dealings, including the use of zero-hours contracts at Sports Direct and the sale of replica guns and knives in his stores.
Ashley’s involvement in football has also been controversial, with Newcastle United fans protesting against him for much of his tenure as owner of the club.
Conclusion
Socios Chilizcorbett is a Mauritian-based investment company that has provided funding for some of Mike Ashley’s controversial business ventures.
While they are not controversial in themselves, their association with Ashley has led to them being labelled as such by some.
Related FAQs
1. How did Mike Ashley get rich?
Mike Ashley made his fortune by founding the Sports Direct retail empire.
2. What is the full name of Mike Ashley’s company?
The full name of Mike Ashley’s company is Sports Direct International plc.
4. What is the value of Mike Ashley’s stake in Rangers?
Mike Ashley’s stake in Rangers is valued at £5 million.
5. What is the investigation socios chilizcorbett thepitch?
Investigation socios chilizcorbett thepitch is an independent news website that covers the business side of the beautiful game.
6. About investigation chilizcorbett off thepitch.
Investigation chilizcorbett off thepitch is an independent news website that covers the business side of the beautiful game.
