Sports Direct sinks after founder admits troubles

• Sports Direct International (OTCPK:SDIPF, OTCPK:SDISY) is down roughly 9% in London trading after issuing a profit warning.
• The warning was made informally during an interview by The Times with Sports Direct founder Mike Ashley.
• “We are in trouble, we are not trading very well. We can’t make the same profit we made last year," lamented Ashley.