Sports Direct boss Mike Ashley wins High Court battle over £15m 'deal' made in London pub

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Sports Direct boss Mike Ashley has won a High Court battle with investment banker Jeffrey Blue over a £15 million deal allegedly made in a London pub.

Mr Blue told a judge that the Newcastle United owner had promised to pay him the huge sum if he used his expertise to double the sportswear empire’s share price to £8 million a share.

He says Mr Ashley paid only £1 million and he asked for £14 million damages.

Mr Ashley denied the claim and dismissed the alleged four-year-old deal as “drinking banter”.

He said Mr Blue was talking “nonsense”.

Mr Ashley won the case during a hearing on Tuesday.

This story is being updated.

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