Mike Ashley the boss of Newcastle football club an English football club he purchased in 2007 with around £135m decided to reduce his majority stake in the giant retail sportswear shop Sports direct by about 2.6 percent. The deal involving US bank Goldman Sachs netted the billionaire retail tycoon a whooping £117m, however there are reports the money could be given as loan to Scottish football club - Rangers International where Mr Ashley has also got a stake.
50 years old Mike Ashley first started sports direct as a local sports and ski shop in Maidenhead England in the 80's and before long the retail shop funded by private funds become a major success opening up other outlets across the country, The sportswear shop went PLC in 1999 and his remaining stake which is 55 percent is rumoured to be worth £2.4b.
Mike Ashley is a very private and easy going man not one to grant interviews often seen to be seated with fans during Newcastle games and also known to carry work documents including his mobile phone around in a plastic carrier bag. He is believed to live by himself following his divorce in 2003 from Swedish born wife Linda whom he married in 1988 when he was just 24, although in recent times there have been rumours about a possible reconciliation between the ex couple who have been apart for eleven years and have three children between them after the pair were seen on different occasions wining and dining together.
50 years old Mike Ashley first started sports direct as a local sports and ski shop in Maidenhead England in the 80's and before long the retail shop funded by private funds become a major success opening up other outlets across the country, The sportswear shop went PLC in 1999 and his remaining stake which is 55 percent is rumoured to be worth £2.4b.
Mike Ashley is a very private and easy going man not one to grant interviews often seen to be seated with fans during Newcastle games and also known to carry work documents including his mobile phone around in a plastic carrier bag. He is believed to live by himself following his divorce in 2003 from Swedish born wife Linda whom he married in 1988 when he was just 24, although in recent times there have been rumours about a possible reconciliation between the ex couple who have been apart for eleven years and have three children between them after the pair were seen on different occasions wining and dining together.
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| Mike Ashley |
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| Linda Ashley |
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| Sports direct shop |
| St James' Park home to Newcastle United |