Mike ashley: Newcastle| Net Worth| Yacht| Debenhams

Mike ashley is a British billionaire retail entrepreneur focused in the sporting goods market, and Chief Executive Officer of Fraser Group plc. He entered the department store industry in 2018 following the acquisition of House of Fraser Post-Administration.

“I want to have fun and win some trophies,” said Mike Ashley soon after. Today we will discuss about Mike ashley: Newcastle| Net Worth| Yacht| Debenhams

Mike ashley: Newcastle| Net Worth| Yacht| Debenhams

https://youtu.be/n1Q0zWiwjOo

Michael James Wallace Ashley (born 9 September 1964) is a British billionaire retail entrepreneur focused in the sporting goods market, and chief executive officer of Fraser Group plc (formerly Sports Direct International). He entered the department store industry in 2018 following the acquisition of House of Fraser Post-Administration. He is also the owner of Newcastle United Football Club, who bought it in 2007 for £135 million.

Newcastle

Sports Direct tycoon Mike Ashley has pledged financial support for his daughter’s cosmetics company after making losses for the fifth year in a row.

Matilda launched her double tech firm in 2015. The company owns the cosmetics brand of SportFX.

Double Take has survived the pandemic with the help of cash and loans from his father’s private company Mash Holdings.

Net Worth

Michael Ashley is the founder and CEO of Sports Direct, the UK’s largest sporting goods retailer.
Ashley started Sports Direct in 1982 at the age of 18; The company now has over 800 stores.
He has acquired dozens of companies, including boxing glove maker Everlast, Wimbledon supplier Lillywhites and department store House of Fraser.
The company went public in 2007, with Ashley raising $1.8 billion from an IPO. In the same year, he bought the famous soccer club Newcastle United.
Only a year later, he tried to sell the team, citing huge debt. He is still trying to get rid of Newcastle.

Yacht

The 57-year-old Walsall-born businessman has an impressive property portfolio that includes a 33-bedroom London home, holiday residence in Spain, as well as a sprawling mansion in Miami.

If that is not enough, his daily commute is taken in a £5m helicopter.

Debenhams

Mike Ashley, billionaire high street tycoon, has restarted his long-running campaign against former directors of Debenhams, the department store chain that closed its doors last this year.

Sky News has seen a letter from Chris Wooten, chief financial officer of Sports Direct’s parent company Fraser Group, arguing that Debenhams’ board was set to pay a £35m dividend in July 2018, nine months before its first brush. was guilty in the final death. with administration.