Aware of her husbands love of football (he did spend 135 million buying Newcastle United), Mrs Ashley even arranged for a number of big screens to show Englands Euro 2016 match. By Martin Robinson, Uk Chief Reporter For Mailonline, Published: 12:59 GMT, 9 June 2016 | Updated: 18:36 GMT, 9 June 2016. The reputational damage caused to the company is entirely of Mike Ashleys own making. Oscar Cainer tells all. Murdaugh is heckled as he leaves court, Ken Bruce finishes his 30-year tenure as host of BBC Radio 2, Moment teenager crashes into back of lorry after 100mph police race, Alex Murdaugh unanimously found GUILTY of murder of wife and son, Isabel Oakeshott clashes with Nick Robinson over Hancock texts, Family of a 10-month-old baby filmed vaping open up, Ukrainian soldier takes out five tanks with Javelin missiles. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Mr Murray also hosted his first music festival last July with his business partner and friend from university, Toby Mullins. [8][9], The chain, funded by private money, expanded quickly and by the late 1990s Ashley had rebranded the chain as Sports Soccer and opened over 100 stores across the United Kingdom. She is engaged to Michael Murray after reportedly meeting him on holiday in Majorca in 2011. "[36] He also stated that while he had the utmost respect for Keegan, he no longer wanted to subsidise the club due to believing it would not be safe for him or his family to attend matches in future. While Linda's jet-set personal life sounds idyllic, some of her more recent business ventures appear to have hit some obstacles. According to the Sunday Times Rich List, he is worth 2.7billion. Over the next decade, the enterprise just kept growing. In February 2003, Ashley bought the Dunlop Slazenger brand for 40million, followed up by acquiring outdoor gear manufacturer Karrimor in March 2003,[13] Kangol for 10million,[14] boxing brand Lonsdale, most of these brands were bought from distressed sellers. Facebook gives people the power to share and makes the world more. The budget sportswear retailer has also struck a licensing deal with makeup brand SPORT FX, which is owned by a company where Matilda Ashley is a director. Michael Ashley is a billionaire English retailer with a net worth of $6.3 billion. [59], On 7 October 2021, Mike Ashley sold Newcastle United for 300 million to a consortium involving PCP Capital Partners, RB Sports & Media, and Public Investment Fund of Saudi Arabia. Even worse, many such slurs aren't from men but 'I couldn't do it without you': Victoria Beckham poses with her whole family after her PFW show - as she Brooklyn Beckham puts on a loved-up display with wife Nicola Peltz as they head back to hotel after Cruz Beckham supports his mother Victoria as he carrying his very own VB handbag on the way to her show Like father, like daughter! By clicking Sign up, you agree to receive marketing emails from Insider In addition, Murrays former home in Chelsea is now owned by Matilda Ashley, the tycoons youngest daughter, who paid 5.1m for the property in September. How to choose the best (and cheapest) DIY investing platform and stocks and shares Isa, > Compare the best investing platform for you. Sports Direct declined to clarify how it would measure the value added, but Murray could earn millions of pounds if it uses the profits it banks from property every year. [62], In January 2015, Rangers fans protested against Mike Ashley's plans to secure a 10million loan using the club's stadium as security. His family enjoys all the trappings of his vast wealth, and it appears he may be an old romantic too because he has always 'adored' his ex-wife. An apparent anomaly with the fans was Ashley choosing 'Smith 17' as the number of his shirt, after a squad player Alan Smith he admired and 17 being a lucky number for him. This could lead to Mr Murray becoming a multimillionaire, if he is successful. But in 2014 Mrs and Mrs Ashley were seen stepping into his Bentley after a series of central London dates, including a key dinner in a local curry house. He alluded to their alliance in an interview with The Guardian in 2019, saying: "I'm thinking about the next 10 to 20 years. He was formerly the owner of Newcastle United football club . Ashley appointed Joe Kinnear to take temporary full-time charge of the squad as he began his search for a new owner. Sports Direct is doing a deal with Mike Ashley's daughter and buying a Start your Independent Premium subscription today. By The billionaire does not even have his own office but holds court from a desk in the middle of an open-plan office, where he sits until around 2am on some days. It recently emerged that Mike spent 130,000 on a new horsebox for Matilda. The next day, Ashley apologised to Newcastle fans for the mistakes made throughout the season, but nonetheless praised all staff, including Shearer and Kinnear, for all their efforts throughout the season. Ashley Furniture HomeStore Near You in San Leandro, California Its now thought to be worth 25 million. Sporting a mahogany tan and freshly cut bouffant blonde hair, she wore diamond jewellery and showed off toned legs in a short white dress and laced ankle boots. Sports Direct founder Mike Ashley opened his first sports shop nearing four decades ago, depending on his friends and family for support. How much is Sports Direct supremo Mike Ashley worth? The sports retailer, reeling from a year-long scandal over working practices, said underlying profit before tax slumped to 71.6m from 166.4m in the six months to 23 October. Following Derek Llambias' resignation as managing director in 2013,[48] Ashley briefly took on his position whilst trying to find a replacement. [33] Keegan drove to Manchester to consult with the League Managers Association chief-executive Richard Bevan; while in this meeting it is thought Ashley found out from Llambias of the row and attempted to contact Keegan. Just a couple of days later, the company made a U-turn on this decision, announcing that they would be closing until given the green light to reopen by the government. Royalties and other fees may be paid to Double Take, but not until after 2019. Sports Direct chairman should face the final whistle | Nils Pratley. (510) 292-4339. The comments below have not been moderated. Murdaugh is heckled as he leaves court, Ken Bruce finishes his 30-year tenure as host of BBC Radio 2, Moment teenager crashes into back of lorry after 100mph police race, Alex Murdaugh unanimously found GUILTY of murder of wife and son, Isabel Oakeshott clashes with Nick Robinson over Hancock texts, Family of a 10-month-old baby filmed vaping open up, Ukrainian soldier takes out five tanks with Javelin missiles. His own son, Ollie, is said to have done a short stint of work at Sports Direct. How remorseless Stephen Bear continued his arrogant antics up until Do not sell or share my personal information. [31], 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. We are no longer accepting comments on this article. On 28 December, Ashley announced that the club was no longer up for sale, after he had failed to find an acceptable buyer. She and her daughter Anna, who both describe themselves as property developers, are also listed as directors of a company called RAAA, which has also been dissolved. This week as the Sports Direct owner faced MPs over the 'Gulag' conditions suffered by his staff, the glamorous Linda Ashley came with him to Westminster despite their 50million divorce in 2002. 3839 Emery St Suite 300, Emeryville, CA 94608. Accompanying him to the business select committee meeting to face MPs questions about Sports Direct back in June, Mrs Ashley showed off her new polished look. They separated in 2010 Simon now lives in a 3.5 million home in London and Tyler, 12, is thought to live with his mother. While their father is known to shun expensive suits for his scruffy jeans, untucked shirts his daughters are just as glamourous as their mother. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. 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."[24]. BILLIONAIRE Mike Ashley is the man behind Sports Direct and a host of other brands. [56], Mike Ashley has since been engaged in various legal battles with the Premier League,[57][58] after Newcastle United released a statement saying that "the club and its owners do not accept that Premier League chief executive Richard Masters and the Premier League have acted appropriately" in relation to their conducting of the Owners' and Directors' Test. In addition, Murray's former home in Chelsea is now owned by Matilda Ashley, the tycoon's youngest daughter, who paid 5.1m for the property in September. 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While Ashley has apologised for past mistakes, with his business practices under scrutiny once again, he and Linda, 50, are nowhere to be seen recuperating, perhaps, in one of their many multi-million-pound mansions around the world. Sign up for notifications from Insider! Toon boss Mike Ashley splurges 130k - on horsebox for his daughter Previous gigs include playing for Saudi royalty in Dubai, and in 2014 he set up an internet radio station, called Radar Radio.