Ashley raises £106m in shares sale

Updated
Mike Ashley
Mike Ashley

Newcastle United owner Mike Ashley has boosted his personal fortune by £106 million after selling a 2.7% stake in his Sports Direct business.

Mr Ashley's share sale comes less than a year after he raised £100 million by offloading a 4% holding in Sports Direct, sparking speculation over his plans for the cash haul.
%VIRTUAL-SkimlinksPromo%

Advertisement