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Explore Mike Ashley net worth, age, height, bio, birthday, wiki, and salary! He is well-known as the founder and C.E.O. He was the founder and C.E.O. of Sports Direct International Plc, and he used his wealth to buy a large share of Newcastle United football club. In this article, we will discover how old is Mike Ashley? Who is Mike Ashley dating now & how much money does Mike Ashley have?

Mike Ashley Biography

Mike Ashley is one of the most popular and richest Entrepreneur who was born on September 9, 1964 in Walsall, England, United Kingdom. He and his English colleague He and fellow Englishman Barry Hearn both led successful sports-focused businesses. ran successful businesses that were sports-focused.

After leaving school at 16, he was a county-level squash player. But after injury, he became a county-level squash coach. In 1982, Ashley opened his first sport and ski shop in Maidenhead followed by others in and around London, starting with a £10,000 loan from his family (or £31,500 in 2014 inflation-adjusted terms).

In 1988 aged 24, he married Linda Jerlmyr, a Swedish-born economics graduate, and the couple have three children. The couple quietly divorced in 2003, culminating in one of the biggest settlements in British legal history, with Ashley reportedly handing over the family home, multiple properties and assets with a total worth of £50m.

His marriage to Linda Ashley, a Swedish-born woman of Swedish descent, produced Oliver, a son and two daughters.

He bought a nearly nine-percent stake in Scotland’s Rangers football team.

Michael James Wallace Ashley (born 9 September 1964) is a British billionaire retail entrepreneur in the sporting goods market, and the chief executive of Sports Direct. He entered the department store industry following the acquisition of House of Fraser following administration in 2018. He is also the owner of Newcastle United after paying around £135 million to buy the club.

Mike Ashley Net Worth

Mike is one of the richest Entrepreneur from United Kingdom. According to our analysis, Wikipedia, Forbes & Business Insider, Mike Ashley's net worth $6.3 Billion. (Last Update: January 13, 2024)

In his twenties, he left school to play squash. Later, he became a coach. In the 1980s, he opened his first business in Berkshire, a ski and sporting goods store.

At present Derbyshire based group Sports Direct International Plc, with headquarters in Shirebrook, has over 400 UK stores including the chains Sports World, Lillywhites (acquired in 2002) and Gilesports. The group employs more than 20,000 people in the UK and at stores in Ireland, Belgium and Slovenia. In 2006, it overtook JJB Sports as the UK’s largest sportswear retailer. In mid-2006, it was also revealed that Ashley had held talks with John Hargreaves, founder of Matalan on both taking a 25% stake in the retail business and installing mezzanine floors in larger Matalan stores, on which Sports World outlets could be operated.

Ashley has made his money by buying brands. The first major brand he bought was Donnay. In February 2003, Ashley bought the Dunlop Slazenger brand for £40 million, followed up by acquiring outdoor gear manufacturer Karrimor in March 2003, Kangol for £10 million, boxing brand Lonsdale, most of these brands were bought from distressed sellers. After considering a takeover, Ashley took a £9 million stake and signed a long-term deal with Umbro.

Ethnicity, religion & political views

Many peoples want to know what is Mike Ashley ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Mike Ashley's ethnicity is Not Known. We will update Mike Ashley's religion & political views in this article. Please check the article again after few days.

Ashley turned whistleblower on industry rivals in 2000, handing the Office of Fair Trading evidence of business meetings held by sports retailers to fix the price of football shirts. Ashley attended a meeting at the Cheshire home of David Hughes, the chairman of now bankrupt rival Allsports. At the meeting Dave Whelan, the founder of JJB Sports, reportedly told Ashley: “There’s a club in the north, son, and you’re not part of it.”

Who is Mike Ashley Dating?

According to our records, Mike Ashley married to Linda Ashley . As of January 13, 2024, Mike Ashley’s is not dating anyone.

In late November 2006, a number of business newspapers reported that Ashley was looking at an IPO of Sports World International. He hired Merrill Lynch, who initially valued the group at up to £2.5bn ahead of the flotation on the London Stock Exchange.

Height, Weight & Body Measurements

Mike Ashley height Not available right now. Mike weight Not Known & body measurements will update soon.

The chain expanded quickly funded by private money, and by the late 1990s had rebranded the chain as Sports Soccer and opened over 100 stores across the United Kingdom. As a sole trader and not having to file accounts at Companies House, little was known about him. The business became a limited liability company in 1999.

On 23 May 2007, in a surprise move, Ashley bought Sir John Hall’s 41.6% stake in Newcastle United at one pound per share, for a total cost of £55,342,223 via his company St James Holdings Ltd. Under the terms of UK takeover law, having purchased more than 30% of a listed company, he was obliged to make an offer to buy the remaining shares at the same or a greater price. On 31 May, it was reported that the Newcastle board were considering Ashley’s offer. On 7 June, it was confirmed that chairman Freddy Shepherd had agreed to sell his 28% share to Ashley, which left Ashley free to take control of the club. As of 15 June 2007, Ashley owned a 77.06% stake in Newcastle United, on course to withdraw the club from the stock exchange having surpassed the 75% threshold required. 100% acquisition was achieved in July with Ashley paying a total of around £134 million to buy the club. Ashley appeared to have saved the club from certain financial ruin by paying off large sums of debt inherited from the previous regime, although he was criticised for not doing due diligence when buying the club, as he subsequently revealed he had been unaware of issues such as the upfront payment of club finances such as the Northern Rock sponsorship, and the presence of outstanding liabilities for long past player transfers.

Facts & Trivia

Mike Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United Kingdom. Mike Ashley celebrates birthday on September 9 of every year.

On 30 August 2008, Ashley was shown on live television drinking beer while with fans in the away stand during Newcastle’s game against Arsenal in London, contravening Premier League licensing rules stating that alcohol may not be consumed in sight of the pitch. Ashley subsequently “received words of advice” from the police during the game. A Newcastle United statement declared that Ashley had been given the beer and told that it was non-alcoholic despite the fact that Arsenal do not sell non-alcoholic beer at their stadium.

Where did Mike Ashley get his money?

Mike Ashley is regarded as a billionaire and successful British entrepreneur. He began as a squash player and coach and grew to lead the United Kingdom’s most successful retail sporting goods company. His role as CEO lasted for 40 years.

How much did Mike Ashley make out of Newcastle?

Also in the report was confirmation of the sale of Newcastle United, which Ashley owned through a subsidiary called St James Holdings, and which took place after the reporting period: “The total consideration paid to St James Holdings was £305m.

Did Mike Ashley make a profit?

Mike Ashley made £5.5m personal profit from selling NUFC land – New accounts published. Mike Ashley owns MASH Holdings Limited. Strawberry Place Newcastle Limited is just one of the many businesses that the NUFC owner controls, that ultimately feeds in MASH Holdings Limited (Mike Ashley).

Who is the owner of Sports Direct?

MASH Holdings Limited

Who owns Jack Wills now?

Frasers Group

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