Chappell bought BHS from Sir Philip Green for £1 in March 2015
Ashley reportedly wants to save the BHS brand and keep some stores open
My Week: Mike Ashley’s bravura performance before MPs; and what can we expect from Sir Philip Green?
Sir Philip says he is ‘not prepared to participate’ with the Work and Pensions committee’s inquiry into the company’s £571m pensions black hole unless veteran MP Frank Field resigns as chair
Chappell told MPs that Mike Ashley was on the brink of buying BHS to save it from administration but that the deal was blocked by Sir Philip Green
Chappell said the money was to 'look after the home team'
The businessman has been condemned for his role in the collapse of the 88-year-old retail chain
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The retailer’s website is not taking new orders but existing ones are expected to be fulfilled
The British high street is on the decline, but its demise could help solve other pressing social problems
Anthony Gutman relayed information that Dominic Chappell had no retail experience and was a former bankrupt
The retail tycoon has contradicted claims from the regulator this week about how much advance warning was given of his sale of the ailing department store chain in March 2015
The retail entrepreneur is due to appear before MPs to answer questions on the collapse of the high street chain
According to data from Mercer the gap between FTSE 350 schemes' assets and future liabilities was £92bn at the end of last month
Sajid Javid orders Insolvency Service to probe "unique circumstances" of collapse of 88-year-old retailer sold for £1 by Topshop boss in 2015
'We are keen to find out who knew what, when. This issue over the sale and acquisition of BHS raises enormous questions'