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Mike Ashley awaits ruling in court battle over £15m deal allegedly made in pub

A judge has finished analysing evidence at a trial in London.

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Mike Ashley is involved in a High Court battle (Nick Ansell/PA)

Mike Ashley is involved in a High Court battle (Nick Ansell/PA)

Mike Ashley is involved in a High Court battle (Nick Ansell/PA)

Newcastle United owner and Sports Direct boss Mike Ashley is waiting to see whether he has won a High Court battle with an investment banker over a £15 million deal allegedly made in a London pub.

Investment banker Jeffrey Blue says 52-year-old Mr Ashley promised to pay him £15 million if he used his expertise to double Sports Direct’s share price to £8 a share.

He says Mr Ashley paid only £1 million and he wants £14 million damages.

Mr Ashley denies the claim and says Mr Blue is talking “nonsense”

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Jeffrey Blue is involved in the dispute (Nick Ansell/PA)

Jeffrey Blue is involved in the dispute (Nick Ansell/PA)

PA Wire/PA Images

Jeffrey Blue is involved in the dispute (Nick Ansell/PA)

A judge has finished analysing evidence at a High Court trial in London.

Mr Justice Leggatt said he aimed to deliver a ruling in the near future.

The trial began last week and the judge has heard evidence from Mr Blue and Mr Ashley.

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Ashley is the founder of Sports Direct (Joe Giddens/PA)

Ashley is the founder of Sports Direct (Joe Giddens/PA)

PA Wire/PA Images

Ashley is the founder of Sports Direct (Joe Giddens/PA)

Lawyers representing both men on Wednesday outlined closing legal arguments.

Mr Blue was at the hearing on Wednesday. Mr Ashley was not at the hearing.

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