Daily Record

I drank so much I don’t know which bar I was in

Mike Ashley’s evidence in £15m bonus trial

- BRIAN FARMER reporters@dailyrecor­d.co.uk

SPORTS Direct billionair­e Mike Ashley has poured scorn on claims that he made a binding deal in a pub to pay a banker a £15mllion bonus.

The former Rangers shareholde­r said he was so drunk he couldn’t even remember where he went.

He added: “It was a fun night. If I did say I would pay him £15million, it would have been obvious to everyone – including him – that I wasn’t being serious.”

Investment banker Jeffrey Blue says Ashley promised him £15million in 2013 in the Horse and Groom pub in London if he helped get Sports Direct’s share price to £8.

He says Ashley only gave him £1million, and is suing him at the High Court for £14million.

Ashley agrees that he met Blue and three other financiers in the pub but insists his claims are nonsense. He said: “When we got to the pub we started drinking heavily and consumed a lot of alcohol during the evening.

“We must have had four or five rounds in the first hour.

“I can’t remember the details of the conversati­ons we had, as it was a heavy night of drinking. But I do remember we had a lot of banter.”

Ashley said the night went so well that the group went on to another bar and kept drinking until the early hours.

But he added: “I had drunk so much that I don’t remember which.”

Blue claims Ashley often does business after drinking, and once vomited into a fireplace at a Sports Direct management meeting.

But Ashley insisted: “Serious, serious decisions are not done on drunken nights out.”

The hearing in London has heard that Ashley called billionair­e Sir Tom Hunter “a Scottish c***” during talks over a business deal.

The case continues.

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