Mike Ashley, who owns 57 percent of Sports Direct International,...

2014-12-26T00:00:00

Mike Ashley, who owns 57 percent of Sports Direct International, reportedly granted the company a £40 million (€51.0m-$62.2m) loan in October to help finance its purchases for the holiday season, charging normal lending rates. SDI could have borrowed the money from a bank, but the loan reportedly allowed Ashley to ...

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