British billionaire cheats the shareholders of his company out of 200 000 pounds

June 3, 2007 4:22 am

ashley1.jpg 

Mike Ashley, the billionaire sports retailer, cost Sports Direct shareholders up to £200,000 when he resorted to using a game of spoof to settle a disputed bill - and lost.

The revelation is yet another example of Mr Ashley’s maverick approach to business and is likely to spark alarm among shareholders and increase fears about his management style.

 

Read the rest of the story published by Telegraph:

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/02/cnsports02.xml

Leave a Comment

Send Us a Tip