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Ashley Still Interested In Saving BHS Jobs

Sports Direct's Mike Ashley is making another attempt to save parts of BHS, claiming there is still time to save thousands of jobs.

The beleaguered retail tycoon wrote to BHS administrators over the weekend regarding the collapsed high street chain - days after he admitted to MPs there are issues over his treatment of contract workers.

A senior Sports Direct spokesman said: "We can confirm that we have a continued interest in BHS and that we have written to the administrator seeking to re-open a dialogue about saving a number of jobs and stores along with the BHS name."

It (Other OTC: ITGL - news) comes after administrators to BHS called time on trying to find a buyer earlier this month, resulting in the loss of up to 11,000 jobs and leaving behind a £571m pension black hole.

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The administrator Duff & Phelps has made no comment after receiving a Sports Direct email on Friday which showed an interest in BHS, but was not said to be a formal bid.

It is believed the administrator will be writing to Sports Direct today requesting further details.

Mr Ashley told the Business Select Committee last week he had hoped to buy BHS prior to its collapse.

He said: "One hundred percent I wanted to buy BHS. It's a logical fit with Sports Direct because of the extreme value that Sports Direct is known for.

"I'm not a saint, but you could have made a success of that business."

The news comes as Sir Philip Green's appearance before the parliamentary committee probing the collapse of BHS remains in doubt.

The billionaire retailer and former BHS owner said he would only give evidence if the committee's chairman Frank Field, who he accuses of prejudice against him, resigned.

Sports Direct was one of five parties which expressed an interest in BHS in May, but none of them were able to complete a deal.