This is all such a tangle. 

A brief upsum. Sir Philip sold the business for £1 to Dominic Chappell and his associates in 2015, with, he alleges, help and encouragement from Sir Philip.

Fast forward a year, and BHS goes into administration. Mr Chappell alleges that days before the administrators are called in, Sir Philip - who Mr Chappell says is still linked financially to the business - forces administration after refusing to allow a rescue sale of BHS to Sports Direct's Mike Ashley.

Did he think Sir Philip had "set him up"? Mr Chappell: "I think Philip genuinely thought that we would fail. But he sold it to us nevertheless."

Sir Philip Green "went insane" when he found out Sports Direct owner Mike Ashley was close to buying BHS and blocked the deal, Dominic Chappell tells MPs. 

"There was a willing buyer and a willing seller for the business and Mike was going to save the business," he tells the select committee. Sir Philip found out about it, and made it clear he didn't want to get involved with Mike Ashley, he says. 

Days before administrators were called in, Mike Ashley was prepared to buy BHS and safeguard all the stores and all the jobs, Mr Chappell says. "That was stopped because of Philip."

In a separate hearing with MPs yesterday, Mr Ashley said he "wanted to buy BHS - 100%". 

Dominic Chappell tells MPs that he has made a profit out of owning BHS. He says he worked "considerably hard" and accumulated "considerable fees" at the retailer before it collapsed into administration earlier this year.

He says he "earned" that profit, but adds that he is "devastated" for the 11,000 staff who now face losing their jobs.

Year 2000 Sir Philip Green buys it for £200m

2015 sold to Retail Acquisitions for £1

April 2016 goes into administration

Debts of £1.3bn

Pension fund deficit of £571m

MPs are hearing massive mudslinging by former associates of buyer Dominic Chappell, and, in turn, by Dominic Chappell of Sir Philip Green, Arcadia boss and seller of BHS.

BBC Business presenter Ben Thompson tweets...

There were staff who came in at the weekend to replace light bulbs and do the painting, Dominic Chappell tells MPs how he found the store chain.

"He didn't," replies Mr Chappell. "He asked about who did what within our team and we went through a preliminary business plan."

"I told him openly that I was involved in a bankruptcy."

Image source, Parliament Live

Dominic Chappell says he's looking at taking legal action against Arcadia and Sir Philip Green. 

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Dominic Chappell says he is "terrified" that administrators appointed by Sir Philip Green would not get the best deal they can for BHS assets. Sir Philip referred to administrators as "his ponies", Mr Chappell says, "and they do exactly what Philip tells them to do". The liquidators are also "very much part of Philip's team", Mr Chappell adds.

The chief executive of BHS, Darren Topp, has used a parliamentary committee hearing to accuse former owner Dominic Chappell of threatening to kill him.

Further to the previous post:

Former director Dominic Chappell said he met Sir Philip late December 2014 or early January 2015. 

They initially "had a good working relationship" - but in the end, although Sir Philip was removed from the business, he referred the company to the administrators.

Mr Chappell said: "Philip had a fixed on floating charge... as part of a floating debt that was left on acquisition. It was a continuous stick that we were beaten with," that was designed to help Sir Philip "negotiate the pensions minefield".

Stephen Bourne, a former director of Retail Acquisitions is asked if any of the directors thought there were problems with Mr Chappell? "No, we thought it was a friendly transaction. The deal was dead by December but he managed to get it back on track through personal contact with Sir Philip... There was a lot of contact with Sir Philip."

The BHS hearing MPs are musing about the cash flow difficulties of BHS when it was bought from Sir Philip Green's Arcadia group.

Directors from Retail Acquisitions, which bought BHS for £1 from Sir Philip, are being asked about the cash position of the company after the sale.

Part of that - £8.5m from a property sale - didn't arrive to Retail Acquisitions, they said, prompting one MP to say BHS' cash position is "dropping by the minute" as the sessions go on.

But it seems £7m from another property sale that didn't go through did go to Retail Acquisitions.

Right we've moved onto directors from Dominic Chappell's consortium, Retail Acquisitions, now. Stephen Bourne, a former director of Retail Acquisitions, starts us off by saying Sir Philip Green invited Mr Chappell to make an approach to buy BHS.

Mr Bourne says he was told by Mr Chappell that the deal involved £250m of debt-free property assets, the pension deficit would be dealt with, and funding was in place.

MPs follow up by asking: The message was clear that Sir Philip almost asked Mr Chappell to buy BHS off him? "That's what I was told. They had met each other on a previous deal and it was suggested that he could buy it," Mr Bourne says.

Image source, Parliament Live