The X friend: Philip Green forced out of Si­mon Cow­ell’s firm

Strained re­la­tions a fac­tor in mu­sic mogul buy­ing out ty­coon’s shares

The Daily Telegraph - - News - By So­phie Barnes

SIR PHILIP GREEN has been forced out of Si­mon Cow­ell’s en­ter­tain­ment busi­ness in the wake of the scan­dal sur­round­ing the Top­shop ty­coon over his use of non-dis­clo­sure agree­ments.

Si­mon Cow­ell is be­lieved to have spent £10mil­lion buy­ing out Sir Philip’s shares in his com­pany, Syco En­ter­tain­ment.

The X Fac­tor judge has bought out the five per cent Sir Philip held in Syco En­ter­tain­ment, The Daily Mir­ror re­ported.

The Daily Tele­graph re­vealed that the busi­ness­man had used non-dis­clo­sure agree­ments and paid out “sub­stan­tial sums” to si­lence for­mer em­ploy­ees over sex­ual ha­rass­ment, ra­cial abuse, bul­ly­ing and in­tim­i­da­tion al­le­ga­tions.

The Tele­graph has been is­sued with an in­junc­tion which means it can­not pub­lish any of the de­tails of th­ese cases or the ex­act amounts paid out.

Sir Philip was re­cently named in Par­lia­ment by Lord Hain as the busi­ness­man be­hind the non-dis­clo­sure agree­ments.

This week a for­mer Top­shop man­ager ac­cused the busi­ness­man of sex­ual ha­rass­ment.

Auna Irvine, who ran one of the bil­lion­aire’s flag­ship shops in Amer­ica, be­came the first woman to pub­licly ac­cuse Sir Philip of re­peat­edly grab­bing her by the waist and slap­ping her bot­tom, mak­ing reg­u­lar com­ments about her breasts and telling her that she needed to lose weight.

The re­tail mogul also faces ha­rass­ment claims from three more women in the US.

A woman who worked at the Las Ve­gas Top­shop store said she en­dured un­wanted touch­ing from Sir Philip and he would of­ten make com­ments about her weight.

His be­hav­iour made her feel in­creas­ingly un­com­fort­able and hu­mil­i­ated, she said.

“He would just grab you and kiss you on the lips in front of peo­ple, and you’re just like ‘holy f***, what .. just hap­pened?’”, she said.

Sir Philip has “cat­e­gor­i­cally and wholly” de­nied any “un­law­ful sex­ual or racist be­hav­iour”. He said he had only en­gaged in “ban­ter” with his staff.

It was re­cently re­ported that Mr Cow­ell was try­ing to force Sir Philip out of Syco En­ter­tain­ment but he was re­fus­ing to leave.

Syco En­ter­tain­ment is Si­mon Cow­ell’s joint ven­ture with Sony Mu­sic. Founded in 2003 the com­pany cre­ated The X Fac­tor and its mu­sic divi­sion in­cludes pop groups One Di­rec­tion and Lit­tle Mix.

The two mul­ti­mil­lion­aires have been pic­tured to­gether on nu­mer­ous oc­ca­sions, in­clud­ing on hol­i­day, and it was re­ported in 2009 they were con­sid­er­ing set­ting up an in­ter­na­tional en­ter­tain­ment com­pany to­gether.

But their friend­ship re­port­edly be­came strained be­fore the col­lapse of British Home Stores in 2016 which left a £571mil­lion hole in the com­pany’s pen­sion pot.

Sir Philip was crit­i­cised for sell­ing his stake in BHS for £1 to for­mer rac­ing car driver Do­minic Chap­pell.

Last tango? Dancer Amy Dow­den has de­nied she ever “felt threat­ened or bul­lied”by Strictly Come Danc­ing starDanny John-jules. But she ad­mit­ted on yes­ter­day’s It Takes Two that things did get “a lit­tle in­tense” this week. The Red Dwarf ac­tor had ear­lier sug­gested that he is be­ing por­trayed as evil “King Kong” by the me­dia.

The ‘X Fac­tor’ judge Si­mon Cow­ell has cut ties with for­mer friend Sir Philip Green

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.