Jul 4, 2017
Mike Ashley dismisses £14m claim as 'drink banter'
Billionaire Mike Ashley has dismissed claims he owes a finance expert £14m and said their conversations were "Drink banter", a court has heard. Mr Blue said he was promised £15m if he managed to increase Sports Direct's share price to £8, but that he only received £1m. But Mr Ashley said their meetings were drink-fuelled "Banter". Mr Blue says Mr Ashley, who runs Sports Direct, did not stick to a commercial agreement. Mr Justice Leggatt has heard that the dispute between Mr Blue and Mr Ashley relates to a conversation in a London pub called the Horse & Groom in 2013. David Cavender QC, who leads Mr Ashley's legal team, accused Mr Blue of "Making up evidence" and said the claim was an "Opportunistic try-on".
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