Investment banker Jeffrey Blue loses claim against Sports Direct and Newcastle United owner over deal allegedly made in pub

Newcastle United owner and Sports Direct boss Mike Ashley has won a high court battle with investment banker Jeffrey Blue over a £15m deal allegedly made in a London pub.

The case revolved around Blue’s allegation that during a “night of heavy drinking” in January 2013 Ashley agreed to pay him £15m if Sports Direct’s shares doubled to £8.

Continue reading…

Facebook Comments