Posts tagged: Mike Ashley

Mike Ashley said to be in talks to buy Hugo Boss, according to Manager Magazin

Friday, 21 May 2021, 11:40 am

Hugo Boss shares are up over 5pc this morning following a report from a German magazine that Mike Ashley is weighing a takeover bid to buy the fashion brand outright.

Wily Ashley, the controversial billionaire owner of Newcastle United Football Club, has been building a stake in Hugo Boss for sometime but now the monthly Manager Magazin is claiming he is "in talks" to buy the whole business for over EURO 3.2 billion. Below is a link to the piece:..


Saudi Arabians said to be in talks to buy Newcastle United for £340 million, reveals the WSJ

Saturday, 25 January 2020, 1:49 pm

Scribblers at the venerable Wall Street Journal just landed a corker of a scoop about Mike Ashley's football (soccer) club.

According to the excellent newspaper, Saudi Arabia's Public Investment Fund is backing another tilt at Newcastle United, the Premier League football club owned by the boss of Sports Direct...


Is Fosun about to do a Mike Ashley with Thomas Cook?

Tuesday, 23 April 2019, 6:47 pm

The collapse of Debenhams wasn't exactly Mike Ashley's finest hour.

The owner of Newcastle United Football Club lost £150 million on the 29.9pc equity stake he built over several years after being outmanouvered by the credit funds and the company ahead of a financial restructuring.

Now, though, it would appear Fosun - the Chinese conglomerate led by Guo Guangchang, dubbed China's Warren Buffett - is following a similar path to maverick Mike...


Mike Ashley said to be in the frame to buy...everything - Part 6

Friday, 22 March 2019, 10:04 am

Is it Mike Ashley day, today?

The maverick entrepreneur appears to making on-the-record comments everywhere this morning about everything from Arcadia to Debenhams.

To be fair, it was Deidre Hipwell who dug out some great quotes from Ashley (probably yesterday) about Sir Philip Green's Arcadia that made a superlative splash in The Times business section. Below is the link:..


Mike Ashley said to be in the frame to buy...everything - Part 5

Wednesday, 13 February 2019, 10:54 pm

Tucked away in the Evening Standard's business section is a story from Laura Onita about how Mike Ashley's holding company has organised a £907 million revolving credit facility.

It was good a spot in the Mash Holdings's Companies House filings from the up-and-coming hackette and got Betaville pondering on why the maverick entrepreneur had organised such a big credit line...