|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|PE Ratio (TTM)||7.93|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A former Merrill Lynch banker on Wednesday lost his claim that Mike Ashley, founder and boss of British retailer Sports Direct, promised him a 15 million pound ($20 million) bonus during a heavy drinking session. Jeffrey Blue alleged that Ashley pledged during a meeting at the Horse & Groom, a pub close to Sports Direct's central London office, in January 2013 to pay him the bonus if he could double Sports Direct's share price to 8 pounds within three years. Sports Direct's shares, which were listed at 3 pounds in 2007, rose above 8 pounds in February 2014, but Blue said Ashley reneged on their deal, paying him 1 million pounds.
The task confronting Sports Direct's new chief financial officer has only become more difficult in the three and a half years it has taken for Britain's largest sportswear chain to find someone to do the ...
When Mike Ashley tried to impress Sports Direct's shareholders during a meeting at the London Stock Exchange on Thursday, he came armed with power point slides and a presentation. It ran to just 17 words. ...