Watchdog launches probe into alleged fraud at UK's Goals Soccer- Sunday Times
- Country:
- United Kingdom
The UK's financial regulator, the Financial Conduct Authority (FCA), has launched an investigation into alleged fraud at five-a-side football pitch operator Goals Soccer Centres Plc, the Sunday Times newspaper reported. Goals said earlier this month that it would delist its shares from London's AIM market in September after an investigation into its accounting uncovered "improper behavior" going back almost a decade and made it impossible to file last year's accounts on time.
The company, in which retail tycoon Mike Ashley's Sports Direct holds a stake of almost 19%, had said that its audit for full-year 2018 had been suspended and that its shares would stop trading on the index from Sept. 30. FCA and Goals were not immediately available for comment on Sunday.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Financial Conduct Authority
- UK
- newspaper
- Sunday Times
- Mike Ashley
- London
ALSO READ
Russian missile attack in Ukraine's Dnipro injures 18, governor says
Ukraine expects power exports to resume on Wednesday, ministry says
Check out how Shehnaaz Gill celebrated her debut as playback singer in Raveena Tandon's 'Patna Shuklla'
Action taken against two UP constables for social media posts in favour of Mukhtar Ansari
Ukraine says it downed 4 drones in Russia's overnight attack